VENTURETECH INVESTS RM10 MLN IN SS ROVER TO REVOLUTIONISE UNDERWATER OPERATIONS

PUTRAJAYA, July 18 (Bernama) -- VentureTECH Sdn Bhd has invested RM10 million to accelerate the development of SS Rover Sdn Bhd’s teleoperated system and integrated digital twin fleet system.

VentureTECH chief executive officer Ahmad Redzuan Sidek said the investment would not only bolster SS Rover’s technological capabilities and expand its market presence but also catalyse advancements across the entire industry.

“We are thrilled to support SS Rover’s visionary approach to revolutionising underwater operations. Their expertise and innovative solutions align with our mission to foster technological innovation and empower high-potential Bumiputera companies in the technology sector.

“SS Rover’s advanced underwater robotic solutions will have a profound impact on the offshore oil and gas, energy, telecommunication, and utilities industries, and we are eager to embark on this journey of growth together,” he said in a statement today.

Ahmad Redzuan said this partnership underscores VentureTECH’s confidence in SS Rover’s potential to lead the future of underwater robotic solutions and nurture local talent through high-income job creation.

“It reflects our commitment to impact investments that drive positive societal change,” he said.

Meanwhile, SS Rover founder and managing director Syamsul Nizam Azmee said with VentureTECH’s support, the company is well-positioned to establish leadership in underwater remotely operated vehicles (ROVs) and pioneer significant advancements in the industry.

“This investment from VentureTECH is expected to accelerate the deployment of our innovative teleoperated systems and further our mission to deliver state-of-the-art robotic solutions to our clients,” he said.

SS Rover is a homegrown technology company specialising in engineered services, products, and robotic solutions for the offshore oil and gas, energy, telecommunication, and underwater civil infrastructure industries.

With more than 15 years of experience in underwater ROVs and robotic systems training, SS Rover has expanded its expertise to include technical and vocational education and training (TVET), as well as maintenance, repair, and operations (refurbishment), and offshore field operations.

Today, SS Rover stands at the forefront of delivering state-of-the-art engineered services and robotic solutions to its diverse clientele.

-- BERNAMA