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NUS Enterprise evolves into NUSX, expanding global pathways for deep tech ventures

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NUS Enterprise evolves into NUSX, expanding global pathways for deep tech ventures
Business

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NUS Enterprise evolves into NUSX, expanding global pathways for deep tech ventures

2026-09-24 15:00 Last Updated At:17:35

  • New AI platform for research commercialisation and outposts in Munich and Shanghai support efforts to turn Singapore's research strengths into globally competitive ventures.
  • Initiatives unveiled at A5X, Asia's first global innovation and venture summit, which also features the Singapore Defense Tech Hackathon.
  • SINGAPORE, Sept. 24, 2026 /PRNewswire/ -- NUS Enterprise, the entrepreneurial heart of the National University of Singapore (NUS), today unveiled its next chapter as NUSX. The new identity reflects its evolution into an integrated venture-building and IP commercialisation platform, bringing together research, talent, industry, capital, and global markets to turn discoveries into ventures and help them scale.

    NUSX supports this journey by forging entrepreneurial talent, creating market-ready opportunities in the field and expanding its global outpost network beyond Silicon Valley to Munich and Shanghai. Its next phase places greater emphasis on globalisation, with ventures built for international markets from the outset. This direction aligns with Singapore's Research, Innovation and Enterprise 2030 plan, which commits S$37 billion over five years to turn scientific strengths into economic and societal impact.

    The initiatives announced at the inaugural A5X, graced by Guest-of-Honour Mr Tan Kiat How, Senior Minister of State, Ministry of Digital Development and Information, translate this approach into action. They help researchers identify market opportunities earlier, validate technologies with industry and move promising research towards commercial application. The initiatives are primarily anchored in three of NUSX's four deep tech innovation focus areas: Logic (AI and software), Pulse (healthcare and biotech) and Resilience (dual-use technologies). The fourth, Matter, focuses on physical sciences, materials and semiconductors.

    As part of the Resilience track, A5X will also host the inaugural Singapore Defense Tech Hackathon (SDTH) from 25 to 27 September 2026. Organised by NUSX in partnership with the European Defense Tech Hub (EDTH) and TUM Venture Labs, the hackathon will bring together 300 participants from around the world to develop dual-use solutions to real-world defence and security challenges.

    Together, these efforts support NUSX's goals through 2035 to create at least one NUS venture generating more than US$100 million in annual revenue or creating 1,000 jobs, generate US$1 billion in financial returns from NUS ventures and build ventures that collectively improve the lives of one billion people.

    Discovering commercial opportunities through AI

    An estimated 70 to 80 per cent of university patents worldwide are never licensed. One challenge is finding the right commercial partner, which can require extensive manual searching with no guarantee of a match. Researchers understand the scientific value of their work but may have limited visibility into the industry problems it could solve, the companies that could benefit from it, or the most promising route to market.

    To address this, NUSX and Zima Labs have jointly developed Nova, an AI-powered engine for research commercialisation. Within minutes, Nova can analyse a single granted patent and, within minutes, assess its licensing potential against live market evidence, rank potential licensees based on complementary fit and draft tailored proposals for each, while also flagging the patent's limitations. The platform draws on more than 20,000 NUS patents and invention disclosures, 9,000 research projects and 11,000 inventors.

    Nova connects NUS data on global patents, research, start-ups and talent with external intelligence on companies, investors, industry needs and market activities. Through AI-powered search and automated workflows, it identifies potential partners by matching NUS technologies and capabilities with companies' needs. It can also surface licensing, co-development and partnership pathways, as well as potential investors and team members. Importantly, each recommendation is supported by underlying evidence, enabling commercialisation managers to do in minutes what used to take man-weeks.

    By making opportunity discovery faster and more evidence-based, Nova gives researchers and commercialisation teams an earlier view of where the strongest opportunities lie so that resources are better concentrated. This can inform decisions on IP strategy, governance, partnerships and commercialisation, while helping NUSX move promising discoveries towards market with greater speed and discipline.

    Connecting the ecosystem to priority global markets

    Building on the launch of its first outpost at Playground Global's The Studio in Silicon Valley in July 2026, NUSX is establishing its second outpost in Munich, with a third outpost planned for Shanghai in the fourth quarter of 2026. These outposts form part of NUSX's broader globalisation strategy, giving NUS deep tech ventures earlier access to overseas markets, partners, investors and customers across the United States, Europe and China. Insights and experience gained overseas will also flow back into Singapore, strengthening education, research translation and commercialisation pathways at home. Together, the outposts reinforce Singapore's role as a globally connected innovation hub, linking talent, technology and markets across East and West.

    NUSX has entered into a new partnership with UnternehmerTUM, announced at A5X, to strengthen its presence in Europe's leading technology and innovation hub. The collaboration will connect NUS deep tech ventures more closely with Munich's innovation ecosystem, while strengthening innovation links between Singapore, Europe and Asia. It spans three areas: reciprocal outposts, investment and talent development, with an initial focus on biotech, AI and semiconductors.

    "As the global race to commercialise deep tech accelerates, breakthrough research is only the starting point. The real challenge is translation: finding the right opportunities, validating them early, building strong teams and connecting founders with the capital, industry and markets they need to scale," said Dr Tan Sian Wee, NUS Senior Vice President (Innovation & Enterprise). "Nova helps us identify where research can create value, while our global outposts help founders act on those opportunities. Together, they enable us to launch global ventures from Singapore that generate lasting returns and improve lives at scale."

SINGAPORE, Sept. 24, 2026 /PRNewswire/ -- NUS Enterprise, the entrepreneurial heart of the National University of Singapore (NUS), today unveiled its next chapter as NUSX. The new identity reflects its evolution into an integrated venture-building and IP commercialisation platform, bringing together research, talent, industry, capital, and global markets to turn discoveries into ventures and help them scale.

NUSX supports this journey by forging entrepreneurial talent, creating market-ready opportunities in the field and expanding its global outpost network beyond Silicon Valley to Munich and Shanghai. Its next phase places greater emphasis on globalisation, with ventures built for international markets from the outset. This direction aligns with Singapore's Research, Innovation and Enterprise 2030 plan, which commits S$37 billion over five years to turn scientific strengths into economic and societal impact.

The initiatives announced at the inaugural A5X, graced by Guest-of-Honour Mr Tan Kiat How, Senior Minister of State, Ministry of Digital Development and Information, translate this approach into action. They help researchers identify market opportunities earlier, validate technologies with industry and move promising research towards commercial application. The initiatives are primarily anchored in three of NUSX's four deep tech innovation focus areas: Logic (AI and software), Pulse (healthcare and biotech) and Resilience (dual-use technologies). The fourth, Matter, focuses on physical sciences, materials and semiconductors.

As part of the Resilience track, A5X will also host the inaugural Singapore Defense Tech Hackathon (SDTH) from 25 to 27 September 2026. Organised by NUSX in partnership with the European Defense Tech Hub (EDTH) and TUM Venture Labs, the hackathon will bring together 300 participants from around the world to develop dual-use solutions to real-world defence and security challenges.

Together, these efforts support NUSX's goals through 2035 to create at least one NUS venture generating more than US$100 million in annual revenue or creating 1,000 jobs, generate US$1 billion in financial returns from NUS ventures and build ventures that collectively improve the lives of one billion people.

Discovering commercial opportunities through AI

An estimated 70 to 80 per cent of university patents worldwide are never licensed. One challenge is finding the right commercial partner, which can require extensive manual searching with no guarantee of a match. Researchers understand the scientific value of their work but may have limited visibility into the industry problems it could solve, the companies that could benefit from it, or the most promising route to market.

To address this, NUSX and Zima Labs have jointly developed Nova, an AI-powered engine for research commercialisation. Within minutes, Nova can analyse a single granted patent and, within minutes, assess its licensing potential against live market evidence, rank potential licensees based on complementary fit and draft tailored proposals for each, while also flagging the patent's limitations. The platform draws on more than 20,000 NUS patents and invention disclosures, 9,000 research projects and 11,000 inventors.

Nova connects NUS data on global patents, research, start-ups and talent with external intelligence on companies, investors, industry needs and market activities. Through AI-powered search and automated workflows, it identifies potential partners by matching NUS technologies and capabilities with companies' needs. It can also surface licensing, co-development and partnership pathways, as well as potential investors and team members. Importantly, each recommendation is supported by underlying evidence, enabling commercialisation managers to do in minutes what used to take man-weeks.

By making opportunity discovery faster and more evidence-based, Nova gives researchers and commercialisation teams an earlier view of where the strongest opportunities lie so that resources are better concentrated. This can inform decisions on IP strategy, governance, partnerships and commercialisation, while helping NUSX move promising discoveries towards market with greater speed and discipline.

Connecting the ecosystem to priority global markets

Building on the launch of its first outpost at Playground Global's The Studio in Silicon Valley in July 2026, NUSX is establishing its second outpost in Munich, with a third outpost planned for Shanghai in the fourth quarter of 2026. These outposts form part of NUSX's broader globalisation strategy, giving NUS deep tech ventures earlier access to overseas markets, partners, investors and customers across the United States, Europe and China. Insights and experience gained overseas will also flow back into Singapore, strengthening education, research translation and commercialisation pathways at home. Together, the outposts reinforce Singapore's role as a globally connected innovation hub, linking talent, technology and markets across East and West.

NUSX has entered into a new partnership with UnternehmerTUM, announced at A5X, to strengthen its presence in Europe's leading technology and innovation hub. The collaboration will connect NUS deep tech ventures more closely with Munich's innovation ecosystem, while strengthening innovation links between Singapore, Europe and Asia. It spans three areas: reciprocal outposts, investment and talent development, with an initial focus on biotech, AI and semiconductors.

"As the global race to commercialise deep tech accelerates, breakthrough research is only the starting point. The real challenge is translation: finding the right opportunities, validating them early, building strong teams and connecting founders with the capital, industry and markets they need to scale," said Dr Tan Sian Wee, NUS Senior Vice President (Innovation & Enterprise). "Nova helps us identify where research can create value, while our global outposts help founders act on those opportunities. Together, they enable us to launch global ventures from Singapore that generate lasting returns and improve lives at scale."

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

NUS Enterprise evolves into NUSX, expanding global pathways for deep tech ventures

NUS Enterprise evolves into NUSX, expanding global pathways for deep tech ventures

NUS Enterprise evolves into NUSX, expanding global pathways for deep tech ventures

NUS Enterprise evolves into NUSX, expanding global pathways for deep tech ventures

HO CHI MINH CITY, Vietnam, Nov. 10, 2026 /PRNewswire/ -- xTool, a global leader in personal creative tools, November 6th announced a strategic partnership with Viettel Commerce, a member of Viettel Group, one of Vietnam's leading telecommunications and technology groups, marking a significant step in xTool's expansion into Vietnam.

With an established customer base in North America and Europe, xTool serves creators, entrepreneurs, and small businesses who use its tools to turn creative ideas into products for sale. Through its partnership with Viettel, xTool aims to bring these creative technologies and the opportunities they enable to more Vietnamese consumers, creators, and businesses.

According to CIC Consulting, xTool held a 47% share of the global laser engraver and cutter market by gross merchandise value (GMV) in the first nine months of 2025—approximately six times that of the second-largest brand and more than the combined share of brands ranked second through tenth.

A Strategic Partnership to Expand xTool's Presence in Vietnam

Under the strategic partnership framework, xTool and Viettel will explore collaboration across three key areas:

  • Retail and hands-on experiences: Explore in-store displays, pop-up experiences, live demonstrations, and on-site personalization, allowing consumers and business customers to experience xTool's technologies firsthand and see how customized products can be created in real time.
  • E-commerce: Explore online sales opportunities through platforms such as Shopee, Lazada, and Tiki, alongside localized marketing, product information, and customer engagement.
  • Business and enterprise applications: Identify opportunities in customized merchandise, branded products, small-batch production, education and training, and suitable enterprise projects, helping local businesses develop differentiated products and respond to personalized customer demand.

xTool will contribute its product portfolio, technical expertise, marketing resources, and training capabilities. Viettel will bring local market knowledge, channel and logistics resources, and enterprise customer relationships. Together, the two companies will explore ways to provide localized customer support, including Vietnamese-language product consultation, product demonstrations, training, and technical assistance as the partnership develops. Specific initiatives will be developed as the partnership progresses.

"Vietnam is an exciting next step in xTool's expansion in Southeast Asia. Around the world, we've seen people turn their ideas into products and their creativity into businesses. We believe these opportunities can extend to more entrepreneurs in Vietnam. By combining xTool's innovative products and global experience with Viettel's strong local capabilities, we hope to help more Vietnamese entrepreneurs bring their ideas to market and build businesses of their own."

— Howard Zhong, Head of EMEA & Emerging Markets, xTool

Turning Creativity into Business Opportunities

Vietnam's entrepreneurial spirit and growing demand for personalized products create opportunities for individuals to turn creative ideas into viable businesses. From customized gifts and personalized merchandise to branded products and niche product lines, accessible creative tools are making it easier for entrepreneurs to start small, develop distinctive offerings, and respond to evolving customer needs.

Across Southeast Asia, xTool users are already turning these opportunities into real businesses. Arlyn Marie, a mother of two from the Philippines and a former bank marketing assistant, turned her handmade craft hobby into a personalized products business with xTool. By selling customized keepsakes at local markets, she generates around US$500 in revenue at a single market event. Her business income eventually surpassed her full-time salary, enabling her to become a full-time entrepreneur while gaining greater flexibility to spend time with her children.

"Creation is human nature. Even as the digital and virtual worlds continue to flourish, we believe there is enduring value in creating something extraordinary in the physical world.

At xTool, we bring together hardware, software, and community to empower everyday people to create in the physical world. Vietnam is a major manufacturing hub with an abundance of creative talent. Together with our local partner Viettel, we hope to empower more people in Vietnam to create locally, turn their ideas into tangible products, and build businesses of their own."

— Howard Zhong, Head of EMEA & Emerging Markets, xTool

The growing importance of in-person technology experiences in Vietnam can also be seen in the retail sector. In July 2026, DJI opened its first Authorized Retail Store in Vietnam at Saigon Centre in Ho Chi Minh City, offering hands-on product experiences, professional consultation, and creator workshops. For xTool, similar experiences could go a step further by allowing customers to see personalized products being made on the spot and explore practical applications for their own businesses.

Through its partnership with Viettel, xTool aims to bring these experiences and business opportunities closer to Vietnamese consumers and entrepreneurs, combining its product innovation and global experience with Viettel's local market capabilities.

"Vietnam's entrepreneurial spirit and growing interest in personalized products create exciting opportunities for new technologies. Our partnership with xTool brings together creative tools and local market capabilities, allowing us to explore how these technologies can help Vietnamese consumers, entrepreneurs, and businesses develop new products and commercial opportunities. We look forward to building practical solutions that respond to local needs."

— Mr. Pham Tien Tuyen, Deputy General Director of Viettel Commerce and Director of Viettel Distribution Center

About xTool

xTool is a global leader in personal creative tools, dedicated to making creation more accessible. Its portfolio includes laser engraving and cutting machines, material printing equipment, software, accessories, and consumables, serving individual creators, entrepreneurs, small businesses, and creative communities worldwide.

By combining hardware, software, and an expanding creative ecosystem, xTool enables users to turn digital ideas into physical products for personal creativity and commercial applications.

For more information, visit www.xtool.com.

About Viettel Group

Viettel Group (Military Industry and Telecoms Group) is Vietnam's leading telecommunications, industrial and digital technology enterprise, founded on June 1, 1989. With the mission "Pioneering to create a digital society", Viettel has evolved from a telecom operator into a global digital service provider. It operates in Vietnam and 10 international markets across Asia, Africa and the Americas, where its overseas mobile subscriber base reached 90 million in 2025. Its business covers digital infrastructure, digital solutions, cybersecurity, R&D & manufacturing, together with a mature offline distribution network via Viettel Commerce. As a trusted channel partner, Viettel Commerce, through its distribution arm Viettel Distribution, delivers premium tech products to end consumers, creators and small businesses throughout Vietnam. For more information, visit https://viettel.com.vn/.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Global Creative Tool Leader xTool Officially Enters Vietnam, Signing Strategic Partnership with Viettel Group

Global Creative Tool Leader xTool Officially Enters Vietnam, Signing Strategic Partnership with Viettel Group

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