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PlanetSpark Innovation Centre, First Hardware-targeted Accelerator for AIoT Innovations Led by Singapore Company, Launches to Enable Tech Startups Achieve Market Deployment

Backed by its SGX‐listed parent company Excelpoint and supported by Enterprise Singapore, PlanetSpark Innovation Centre will be investing an initial S$5 million to expand its engineering capabilities, expecting to benefit more than 30 local startups over the next 3 years, while creating new opportunities across the semiconductor supply chain.

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PlanetSpark Innovation Centre, First Hardware-targeted Accelerator for AIoT Innovations Led by Singapore Company, Launches to Enable Tech Startups Achieve Market Deployment

PlanetSpark Innovation Centre, First Hardware-targeted Accelerator for AIoT Innovations Led by Singapore Company, Launches to Enable Tech Startups Achieve Market Deployment

Backed by its SGX‐listed parent company Excelpoint and supported by Enterprise Singapore, PlanetSpark Innovation Centre will be investing an initial S$5 million to expand its engineering capabilities, expecting to benefit more than 30 local startups over the next 3 years, while creating new opportunities across the semiconductor supply chain.

Excelpoint’s Wholly-owned Subsidiary, Planetspark, Undertakes An Investment Of US$2 Million In Meridian Innovation

Excelpoint’s Wholly-owned Subsidiary, Planetspark, Undertakes An Investment Of US$2 Million In Meridian Innovation

SGX mainboard-listed Excelpoint Technology Ltd. (“Excelpoint” or the “Group”), is pleased to announce that its wholly-owned subsidiary, PlanetSpark Pte. Ltd. (“PlanetSpark”), the Group’s entrepreneurial and investment arm, has undertaken an investment of US$2 million in Meridian Innovation Pte. Ltd. (“Meridian”), a Singapore-based company developing Thermal Imaging Sensor based solutions for commercial and consumer applications that will enable safer and better living.

Excelpoint’s Wholly-owned Subsidiary, PlanetSpark, Undertakes Maiden Investment in Singapore-based Chip Design Company, CLOP Technologies

Excelpoint’s Wholly-owned Subsidiary, PlanetSpark, Undertakes Maiden Investment in Singapore-based Chip Design Company, CLOP Technologies

SGX mainboard-listed Excelpoint Technology Ltd. (“Excelpoint” or “the Group”), is pleased to announce that its wholly-owned subsidiary, PlanetSpark Pte. Ltd. (“PlanetSpark”), the Group’s entrepreneurial and investment arm, has undertaken its maiden investment of S$0.3 million in CLOPT ech, a Singapore-based company with deep technology know-hows, design experience and intellectual properties in semiconductor chip design.

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