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Home Team agency forms $10m joint venture with ST Engineering

The Straits Times

|

March 27, 2025

ST Engineering announced via the Singapore Exchange on March 26 that the firm has formed a joint venture with the Home Team Science and Technology Agency (HTX).

- David Sun

Called Codex Solutions, the company will focus on developing and maintaining in-house software capabilities for the Home Team.

It has an initial paid-up capital of $10 million, with HTX holding a 40 per cent stake.

The remaining 60 per cent is held by ST Engineering Mission Software & Services, a subsidiary of ST Engineering.

HTX is a statutory board formed in 2019. It is responsible for providing innovative solutions for the Home Team departments.

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