Business Wire

PSA unboXed Collaborates with Amperesand on Solid-state Transformer Technology Trials for Sustainable Electrification at Singapore’s Port

Share

PSA unboXed, the external innovation and corporate venture capital arm of PSA International (PSA), and Amperesand, a grid infrastructure solutions provider, announced today a collaborative trial focused on enhancing port decarbonisation and promoting sustainable logistics practices.

This partnership involves a pilot trial of Amperesand’s solid-state transformer (SST) technology at Singapore’s port, as part of PSA's planned upcoming charging facilities for its fleet of electric prime movers.

Amperesand’s SST technology provides efficient and safe high-power charging infrastructure for PSA’s electric fleet and is natively intelligent for energy monitoring and management.

The SST solutions feature silicon carbide (SiC) devices and proprietary high-frequency modules, ensuring power flow with higher efficiency and reduced grid strain in a compact form factor. Amperesand’s technology is natively bi-directional and intelligent, allowing optimal energy routing and advanced applications such as vehicle-to-grid. The modular and scalable design enables PSA to manage its electric vehicle charging facilities with greater flexibility, distributing power economically across the facility's high-capacity dispensers.

This partnership will commence with a one-year Proof of Value (PoV) that is targeted to start in mid-2025. The PoV is aimed at gathering data on the functionality and validating the performance and cost of Amperesand’s SST in PSA’s fleet charging application, with the potential to support further port electrification.

“This initiative with Amperesand aligns with our broader objective of integrating innovative technologies to future-proof our infrastructure. By evaluating solid-state transformer technology at PSA Singapore, we aim to gain strategic insights that could inform our approach to sustainable electrification and operational resilience in the future,” said Mr Nelson Quek, Regional CEO Southeast Asia, PSA International.

Mr Alvin Foo, Head of Technology and Sustainability Solutions, PSA Singapore & Head of PSA unboXed, said, “Following our preliminary assessment, PSA finds Amperesand’s SST technology promising and I look forward to the positive outcomes from the PoV trial as it has the potential to enhance our efforts in sustainable electrification at the port. PSA will continue to explore innovative technologies such as SST, as we collaborate with like-minded partners to deliver long-term value for our customers and stakeholders.”

“PSA has long been recognized worldwide as a leader in port operations. With PSA's expertise and support, we look forward to demonstrating the value of Amperesand’s SST solutions in providing intelligent grid interfaces for fleet charging applications,”said Mr Phil Inagaki, Interim CEO Amperesand.

About PSA unboXed

The Corporate Venture Capital arm of PSA International, PSA unboXed is committed to accelerating technological advancements and fostering groundbreaking solutions within the global supply chain and port operations industry. Leveraging PSA International’s extensive expertise and expansive global network, PSA unboXed aims to drive transformational growth, enhance operational efficiency, and promote sustainability across the logistics ecosystem. With a strategic and agile approach, PSA unboXed is uniquely positioned to invest in and nurture the next generation of pioneering companies, shaping the future of logistics and transportation. Visit us at unboxed.globalpsa.com, or follow us on LinkedIn and Facebook (@psaunboxed).

About Amperesand

Amperesand’s infrastructure solutions, powered by novel solid-state transformer (SST) technology, enable efficient, intelligent, and resilient electrification. Amperesand's core SST technology was pioneered at the Energy Research Institute at Nanyang Technological University (NTU). Amperesand was established in 2023. For more information, visit www.amperesand.io. Contact us at info@amperesand.io.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241022552697/en/

Contacts

Media Contact
PSA unboXed
Matthew Webster
Assistant Vice-President (Branding & Media), Corporate Communications, PSA
Singapore / PSA unboXed
mattheww@globalpsa.com

Amperesand
Dickson Thian
Chief of Staff, Amperesand Pte. Ltd.
dickson@amperesand.io

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

www.businesswire.com

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

CCM Biosciences Announces Presentation of Data on its First-In-Class AML Drug Program at ASCO 202520.5.2025 23:30:00 EEST | Press release

CCM Biosciences, a diversified pharmaceutical discovery and development company, today announced the upcoming presentation of its next-generation FLT3 inhibitor drug program for acute myeloid leukemia (AML) at the 2025 Annual Conference of the American Society of Clinical Oncology (ASCO), taking place May 30 to June 3 in Chicago. Acute Myeloid Leukemia (AML) is the most severe form of leukemia with few treatment options, and a malignancy frequently driven by mutations in the FMS-like tyrosine kinase 3 (FLT3) gene. The FLT3 internal tandem duplication (ITD) and tyrosine kinase domain (TKD) mutations, particularly D835 and F691, appear in approximately 30% of AML patients, often leading to poor prognosis and resistance to existing therapies. Gilteritinib (Xospata®; Astellas Pharma, peak annual sales projection: $1.5 billion) and Quizartinib (Vanflyta®; Daiichi Sankyo) are two FDA-approved FLT3 inhibitors, with the former approved only for relapsed/refractory AML and the latter approved o

IonQ Partners with Sweden’s Einride to Develop Quantum Supply Chain and Quantum-Enhanced Logistics for Autonomous Driving Solutions20.5.2025 23:05:00 EEST | Press release

IonQ (NYSE: IONQ), a leading commercial quantum computing and networking company, today announced an investment partnership with Einride, a leading global freight mobility company that provides digital, electric, and autonomous technology to explore how quantum computing can drive the next generation of fleet optimization and logistics. Together, IonQ and Einride will develop quantum applications that address large-scale routing and scheduling problems that have traditionally challenged classical computing. By combining IonQ’s advanced quantum systems with Einride’s expertise in autonomous fleet logistics, the two companies will work to unlock new levels of efficiency, reliability, and sustainability for the global freight industry. “Einride shares our belief that quantum computing will fundamentally reshape and improve how large industries such as transportation and logistics operate,” said Niccolo de Masi, CEO of IonQ. “This partnership is aimed at creating a powerful platform with u

CCM Biosciences Announces Presentation of Data on its First-In-Class NSCLC Drug Program at ASCO 202520.5.2025 22:26:00 EEST | Press release

CCM Biosciences, a diversified pharmaceutical discovery and development company, today announced the upcoming presentation of its 4th-generation EGFR inhibitor drug program for non-small cell lung cancer (NSCLC) at the 2025 Annual Conference of the American Society of Clinical Oncology (ASCO), taking place May 30 to June 3 in Chicago. NSCLC, which accounts for 80% of lung cancer, is the most common cause of cancer death worldwide. Epidermal growth factor receptor (EGFR)-activating mutations (Del19 or L858R) are major oncogenic drivers of NSCLC. EGFR-positive NSCLC accounts for approximately 30% of all diagnosed cases of NSCLC (a similar market size to PD-L1-positive NSCLC, which is addressed by the world’s top-selling drug, Keytruda®). The current standard of care for EGFR-positive NSCLC is comprised of 3rd-generation inhibitors, most notably Osimertinib (Tagrisso®), whose annual sales exceed $6 billion. Most patients treated by tyrosine kinase inhibitors (TKIs) will eventually develop

NielsenIQ's Chief Technology Officer Mohit Kapoor Named Executive of the Year at Global Tech & AI Awards for Leading NIQ’s AI-Driven Tech Transformation20.5.2025 22:24:00 EEST | Press release

NielsenIQ (NIQ) is proud to announce that Mohit Kapoor, Chief Technology Officer, was named Executive of the Year at the inaugural Global Tech & AI Awards. This honor recognizes Mohit's exceptional leadership and visionary contributions to the tech industry, particularly in the realm of AI-powered consumer intelligence. "I am deeply honored to receive the Executive of the Year award at the Global Tech & AI Awards. This recognition is a testament to the incredible work and dedication of the entire NielsenIQ team,” said Mohit Kapoor, Chief Technology Officer, NIQ. “Together, we have redefined consumer and retail intelligence, leveraging AI to deliver unparalleled insights and drive meaningful change in the industry." Under Mohit's leadership, NIQ has adopted an AI-powered approach to its ambitious digital transformation which included a $400 million technology investment and the migration of its global client base onto Discover– a unified, cloud-based platform that seamlessly integrates

Strategic Partnership Between the Government of Morocco and TAQA Morocco, Nareva, ONEE and the Mohammed VI Investment Fund to Develop Key Power and Water Infrastructures in the Kingdom of Morocco20.5.2025 22:08:00 EEST | Press release

As part of the implementation of the commitments made in the joint declaration between His Majesty King Mohammed VI, may God Assist Him, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, TAQA Morocco, in partnership with Nareva and the Mohammed VI Fund for Investment, has signed three memorandums of understanding and related development agreements with the Government of Morocco and ONEE. These agreements cover the development of structuring projects in the power, water and renewable energy sectors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250520313620/en/ Strategic Partnership Between the Government of Morocco and TAQA Morocco, Nareva, ONEE and the Mohammed VI Investment Fund to Develop Key Power and Water Infrastructures in the Kingdom of Morocco (Photo: AETOSWire) The program aims to strengthen the Kingdom's water and energy sovereignty through the development of flexible natural gas-based power generation capacit

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye