UST Inc. has signed a cooperation agreement with Asia Mobiliti

Unitsky String Technologies Inc. begins cooperation with a leading Malaysian company in the field of transport mobility, Asia Mobiliti Technologies Sdn Bhd. The partnership agreement was signed at the investment forum in Sharjah. The purpose of the agreement is to bring UST Inc. to the Southeast Asian market.

Anatoli Unitsky, the General Designer and Founder of UST Inc., emphasized that such cooperation would undoubtedly strengthen the company's position in the region and contribute to the development of a safe, efficient, and environmentally friendly transport system:

“We are pleased to announce a strategic partnership with Asia Mobiliti, which opens up new horizons for our transport and infrastructure product. Working together with such a strong player will accelerate the implementation of uST technologies and expand their application not only at the regional but also at the global level."

In order to ensure the successful development of uST technologies in Southeast Asia, Asia Mobiliti has formed a Malaysian community of leading industry players. It includes Nippon Koei Mobility, a subsidiary of ID&E Holdings Group from Japan, engaged in rail transportation, and Midwest Composites, a leading start-up in the field of composite materials.

These companies will work on a feasibility study, the localization of production, and the implementation of the project until it is completed. By establishing production facilities in Malaysia, the community will support local industries and ensure that uST technology is promoted in the Southeast Asian market.

Ramachandran Muniandy, CEO and Co-founder of Asia Mobiliti, noted that uST technology has great potential for revolutionary transformations in the field of public transport in Southeast Asia:

“The second-level transport system will solve critical problems of transport infrastructure in densely populated areas where it is poorly developed or completely absent.”

Oleg Zaretsky, the CEO of uScovery DMCC, drew attention to the fact that uST technology best meets the current demand in the Southeast region.

“The second-level aboveground string rail complex will increase the mobility of the population without exacerbating environmental and socio-economic problems. After all, its construction is much cheaper than the construction of new ground highways. uPods have an automated control system, which eliminates the human factor. They can carry up to 50,000 passengers per hour.”