Business
Steyr Motors Receives Development Contract From a Leading international Defense and Technology Group Based in Singapore
Development and delivery of engines for a state-of-the-art all-terrain vehicle Significant sales potential of more than EUR 20 million by 2030, in addition to existing business Strong signalling effect for Asian markets outside of China STEYR, ...
About this update from Steyr Motors Ag
[{"type":"table","headerItems":[],"items":[{"val":[{"val":[{"type":"list","items":[{"val":[{"type":"text","content":"Development and delivery of engines for a state-of-the-art all-terrain vehicle","length":78,"tagName":"p"}]},{"val":[{"type":"text","content":"Significant sales potential of more than EUR 20 million by 2030, in addition to existing business","length":97,"tagName":"p"}]},{"val":[{"type":"text","content":"Strong signalling effect for Asian markets outside of China","length":59,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":234,"olType":false},{"type":"text","content":"STEYR, AUSTRIA - January 29, 2026 (NEWMEDIAWIRE) - Steyr Motors AG (ISIN AT0000A3FW25), one of the world's leading companies in the field of customized engines for mission-critical defense and civilian applications, has been awarded a strategically significant and groundbreaking development order from a leading international provider of defense and security technologies headquartered in Singapore. The publicly traded customer develops and manufactures modern land vehicles, weapon systems, ammunition solutions, and integrated mobility and protection systems for armed forces and security authorities worldwide.","length":619,"tagName":"p"},{"type":"text","content":"Strategic cooperation for pioneering vehicle technology","length":55,"tagName":"p"},{"type":"text","content":"Steyr Motors was commissioned to develop and supply the powerful M14TCI-120 4-cylinder vehicle engine for a new, future-oriented all-terrain vehicle concept. The combination of high power density, exceptional reliability, and extreme robustness makes the M14TCI-120 an ideal drive solution for the planned vehicle concept and underscores Steyr Motors' technological leadership in the segment of mission-critical drive systems.","length":430,"tagName":"p"},{"type":"text","content":"Promising market potential and high order volume expected","length":57,"tagName":"p"},{"type":"text","content":"The development contract covers engine delivery and development services. In addition, current project planning indicates significant long-term sales potential for engine deliveries in the high three-digit range, with an expected order volume for Steyr Motors of more than EUR 20 million by 2030, which exceeds the order backlog previously communicated. This potential reflects the growing international demand ...