KUALA LUMPUR — Global Component Asia Sdn Bhd (GCA) and South Korea’s Vessel Aerospace Co., Ltd. (VA) join forces under a Memorandum of Understanding (MoU) to revolutionise the aerospace landscape in Malaysia. This ground breaking partnership sets the stage for new technological advancements, enhanced manufacturing capabilities, and top-notch aftermarket support within the region.
The MoU between GCA and VA paves the way for an array of ambitious initiatives, including a joint venture or technology transfer endeavour to establish state-of-the-art manufacturing capabilities for Light Sport Aircraft and other aerial vehicles in Malaysia, and this collaboration is set to redefine the boundaries of aerial transportation, GCA said in a May 24 press release.
GCA and VA is looking to collaborate on the development of electrical aerial vehicles (AEV), encompassing ground breaking Urban Air Mobility (UAM) solutions. Through technology transfer, VA will empower Malaysia to become a hub for sustainable aviation solutions, propelling the nation into a greener era.
GCA and VA are set to develop comprehensive Maintenance, Repair, and Overhaul (MRO) capabilities, catering to the aftermarket requirements of the aerospace industry. By enhancing efficiency and quality, this collaborative effort will bolster Malaysia’s position as a trusted MRO hub.
The partnership extends beyond manufacturing and maintenance. GCA and VA will jointly market VA’s cutting-edge products and related capabilities throughout Malaysia, covering both civil and law enforcement / defence sectors.
This strategic marketing collaboration aims to drive the widespread adoption of advanced aerospace solutions and solidify Malaysia’s position as a regional aviation powerhouse.
As a part of their commitment to excellence, GCA and VA will prioritise the development of training programmes to equip individuals with the necessary skills for effective application and maintenance of the products resulting from their collaborative initiatives. By empowering a skilled workforce, the partnership ensures seamless implementation and ongoing support for the projects.
This collaboration marks a significant leap forward for Malaysia’s aerospace industry. By harnessing the collective expertise and resources of GCA and VA, the partnership aims to fuel innovation, create job opportunities, and propel the aerospace sector to unprecedented heights within the region.
“We are thrilled to formalise this MoU with Vessel Aerospace Co., Ltd.,” said Nonee Ashirin Mohd Radzi, the Chairman of Global Component Asia. “This alliance represents a pivotal milestone in our mission to fortify Malaysia’s aerospace prowess and introduce cutting-edge technologies to our nation. Together, we will forge a dynamic partnership that drives economic growth and technological advancement.”
KM Seo, Chairman and CEO of Vessel Aerospace Co., Ltd., expressed unwavering excitement about the collaboration, stating, “Joining forces with Global Component Asia Sdn Bhd in pursuit of our shared vision for transformative projects in Malaysia fills us with great enthusiasm. Through this partnership, we aim to harness our technological expertise and contribute to the development of sustainable aerospace solutions within the region. Together, we will achieve remarkable advancements and leave an indelible mark on the aerospace industry.”
GCA and VA said they are fully committed to working closely with stake holders, regulatory bodies, and industry players to ensure the seamless execution of the projects outlined in the MoU. This collaboration embodies a united vision for technological progress, innovation, and economic prosperity in Malaysia’s thriving aerospace sector. –gca/adj/mhi (Pix: GCA)