These companies are also banking on the incoming Trump administration policies that could encourage innovation. Singapore-based start-up Strutt has developed an autonomous personal mobility device (PMD) that can detect its surroundings and respond to roadblocks, making it safer and easier for users such as the elderly to get around.The interest from small companies doubled in the past year as firms look to tap the larger and more diverse market, the Singapore Business Federation (SBF) said.
Singapore-based start-up Strutt, for instance, has developed an autonomous personal mobility device (PMD) that can detect its surroundings and respond to roadblocks, making it safer and easier for users such as the elderly to get around. The firm is looking to the US market to test out the prototype. It is heading to Las Vegas for the Consumer Electronics Show - one of the largest trade shows of its kind - later this month. Strutt is hoping to get noticed and find suitable partnerships there, said its founder and CEO Tony Hong. “The US is definitely one of the largest markets for wheelchairs. Also, the US is the largest market for any innovative products,” he added. “I believe our product will be welcomed by many of the innovators and early adopters, and I think this is a good product for them to try out and to benefit the ageing society globally.”“These personal mobility devices would really need to be trusted by our users. So they need to feel that this is safe, this is up to the quality that they can be comfortable with,” said Mr Hong. “By making it in Singapore, we are promoting the highest standard quality and innovation, and I believe this will give lots of confidence to our users as well.”While bigger companies typically have the resources for a US venture, smaller tech firms with the right innovation can also have the flexibility to make the move, said the SB
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