Singapore-based startup Home Control International has entered into a Strategic Memorandum of Understanding (MoU) with Nanyang Technological University, Singapore (NTU Singapore). The parties will negotiate and explore the possibility of cooperation and collaboration on Artificial Intelligence of Things (AIoT) enabled home healthcare solutions, marking a significant milestone in the Group's strategic expansion into the AIoT home healthcare sector.
Under the MoU, the Group will collaborate with CYSREN to explore AIoT-enabled healthcare solutions. The partnership focuses on the preliminary planning and establishment of a Personal Healthcare AIoT Platform, healthcare management ecosystems security, and related IP licensing and transfer.
Orbiva Limited, a wholly-owned subsidiary of the Company, has already signed an Intellectual Property (IP) Licensing Agreement with NTUitive, the innovation and enterprise company of NTU Singapore. According to the Agreement, NTUitive will grant Orbiva a license to use a specific invention, applicable to the fields of home care, healthcare, internet of things (IoT), and AIoT. With IP licensing as the first step of cooperation, the parties look forward to further expanding their comprehensive and in-depth collaboration through the signing of this MoU.
Through this collaboration with Home Control and its subsidiary, Orbiva, NTU Singapore aims to further support the exploration and application of research outcomes in the fields of home healthcare and AIoT, especially to advance a secure and trusted AIoT home healthcare ecosystem and contribute to Singapore's broader healthcare and digital trust landscape.
Image caption- Professor Kah-Leong LIM, Associate Vice President (Biomedical & Life Sciences), NTU Singapore (left); Kwok Hoong SIU, Executive Director and Chief Executive Officer of Home Control (Right)
