BeeX Inc.
TTSE:42701,842.00
JPY
-72.00
(-3.76%)
BeeX Inc.
TSE:4270
(Tokyo Stock Exchange)
Recent
price
1,842.00
P/E
ratio
15.23
div
yld
- -
ROIC.AI
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- Business
- BeeX Inc. is a Singapore-based autonomous underwater vehicle (AUV) manufacturer specializing in AI-powered hovering underwater robots designed for offshore infrastructure inspection and maintenance. Its core products include autonomous underwater vehicles such as the A.Ikanbilis, equipped with autopilot systems that process real-time data from cameras and underwater acoustics, and the upcoming next-generation vehicle Betta, targeting offshore wind farm inspection services. BeeX offers subscription-based software solutions that complement its hardware, enabling service providers to capture, analyze, and deliver inspection data efficiently, reducing offshore workforce risks and carbon emissions. The company primarily serves maritime, energy, and defense sectors with applications in infrastructure compliance monitoring, offshore windfarm maintenance, and underwater data collection. Founded in 2018 and headquartered in Singapore, BeeX operates internationally with ambitions for deployment in European markets, particularly the UK, leveraging its technology to enhance the regularity and efficiency of critical underwater inspections. The company has strategically positioned itself within the digital transformation and cleantech sectors, underscoring a commitment to sustainability and safety. Recent major developments include the successful closing of a SGD 10 million Series A funding round to accelerate R&D, product development, and market expansion. BeeX also formalized a key partnership with the Defence Science and Technology Agency (DSTA) of Singapore to develop advanced underwater vehicle capabilities. Additionally, the company has announced plans to launch its next-generation AUV, Betta, by the end of 2024 to meet increasing demand in offshore wind inspections. Further operational progress includes cloud-based software integrations and enhanced analytic capabilities driven by artificial intelligence. BeeX's efforts align with global net-zero initiatives by offering technologies that reduce carbon footprints in infrastructure inspection and maintenance. The company is a subsidiary of TerraSky, a leading Japanese cloud company, and maintains a strong presence within the cloud integration ecosystem, including partnerships with major technology providers such as AWS. BeeX's enterprise services include digital transformation consulting, SAP migration, and application modernization, supporting comprehensive client needs beyond hardware manufacturing. BeeX's business segments encompass autonomous underwater robotics manufacturing, cloud-based digital solutions, and strategic collaborations targeting infrastructure integrity in maritime, energy, and defense markets globally.