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Ex Head of Japan and APAC Oracle Netsuite joins MVGX Tech as its CEO to Scale Carbon Connect Suite for Net Zero Emission

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SINGAPORE, June 5, 2024 /PRNewswire/ — MVGX Tech Pte Ltd, a leader in decarbonization technology, is thrilled to announce the appointment of KK Pan as its new CEO. Pan brings three and half decades of technology experience to MVGX Tech, including 17 years at Oracle where he managed operations across JAPAC markets. His deep expertise in consulting, applications, and cloud services, as well as his leadership roles at JD Edwards and Peoplesoft, make him an invaluable addition to the team.

KK’s entry strengthens the senior team at MVGX Tech, which recently also saw Frank Zhang, former managing director for Greater China at the British Standards Institution (BSI) joining as President.

MVGX Tech is a subsidiary of MVGX Holdings (“MVGXH”), a Singapore-based digital green fintech group. Its main platform product, Carbon Connect Suite, addresses all three scopes of emissions, allowing companies to manage their carbon balance sheets and gain a comprehensive understanding of their sustainability efforts. It helps companies comply with emerging regulatory requirements, such as the European Union’s Carbon Border Adjustment Mechanism (CBAM), which includes mandatory disclosures. The Carbon Connect Suite also supports the development of carbon credit projects, offering services for carbon credit issuance, listings, registry, and trading.

Developed in collaboration with internationally recognized ISO certification bodies like BSI and TÜV-SÜD, the Carbon Connect Suite ensures maximum efficiency, rigor, and credibility in carbon calculations, adhering to international standards.

What sets the Carbon Connect Suite apart is its technology, which provides verifiable, high-integrity data. This is made possible by MVGX Tech’s proprietary Non-Fungible Digital Twin (NFDT®), offering an auditable and transparent trail of all transactions and data related to carbon footprints and carbon credits.

Dr. Bo Bai, Chairman of MVGX Holdings, stated, “KK Pan’s extensive experience and proven track record in scaling technology platforms make him the perfect leader to guide MVGX Tech through its next growth phase. As we see increasing demand from organizations worldwide to achieve net-zero emissions, KK’s expertise will be invaluable in ensuring our Carbon Connect Suite meets and exceeds client expectations. His strategic vision and leadership will undoubtedly drive MVGX Tech to new heights, further solidifying our position as a leader in the decarbonization space.”

“At MVGX, we are committed to providing seamless and effective decarbonization solutions. KK Pan’s appointment underscores our dedication to this mission. With his leadership, we are confident that MVGX Tech will continue to innovate and expand, helping more organizations globally navigate their journey to net zero with robust, secure, and integrated solutions.

KK Pan, CEO, of MVGX Tech, said, “I am honored to join MVGX Tech, a company at the forefront of addressing one of the most critical challenges of our time—achieving net-zero emissions. MVGX Tech has an innovative and entrepreneurial culture that is essential for tackling complex global issues. I am excited to lead this talented team and contribute to our audacious vision of making a significant and tangible impact on the world’s decarbonization efforts.”

“The opportunity to help organizations transition to net zero is both a great responsibility and a privilege. MVGX Tech’s platform is uniquely positioned to provide comprehensive and effective solutions for this challenge. I look forward to leveraging my experience in technology and platform scaling to drive the growth of MVGX Tech and ensure our solutions make an exponential impact in the fight against climate change.”.

MVGX Tech is part of MVGX Holdings which includes MVGX, a Monetary Authority of Singapore (MAS) licensed Recognised Market Operator focusing on green asset securitization, as well as a Capital Market Services licensee holder permitted to carry out brokerage and custody services.

For more information regarding MVGX Tech and its solutions and to understand the overall MVGX group offering, do visit https://www.mvgx.com/

-end-

Issued on behalf of MVGX Tech Pte Ltd by Ampersand Advisory:

About MVGX Holdings (“MVGX Group”) 

Founded in 2018 and headquartered in Singapore, MVGX Holdings (“MVGX Group”) is a leading digital green fintech group providing regulated financial services and end-to-end carbon Software-as-a-Service solutions for a more inclusive and sustainable future. Compliant by design, MVGX’s subsidiaries hold licenses from the Monetary Authority of Singapore including the Recognised Market Operator license, Capital Market Services license, and Major Payment Institution license.

Enabled by its proprietary Carbon SaaS software and products, its digital green exchange for voluntary carbon credits and asset-backed securities and tokens, and an impact investment arm for green technologies and infrastructure, MVGX Group strives to be a key partner for its clients’ decarbonisation journeys through the stages of define, measure, mitigate, offset, certify, and finance.  

About MVGX Tech Pte. Ltd. (“MVGX Tech”)

MVGX Tech is a Singapore-based Carbon Software-as-a-Service (SaaS) company that aims to empower corporations, governments, and institutions to take action at every stage of their decarbonisation journeys. Consolidated under the Carbon Connect Suite, MVGX Tech’s products, services, and software focus on carbon measurement, reporting, and verification (“MRV”) as well as decarbonisation rating, carbon credit development and issuance, carbon credit listing and registry, and carbon credit trading. Carbon Connect Suite is powered by MVGX Tech’s proprietary blockchain-enabled technologies including its Non-Fungible Digital Twin (NFDT®) and Digital Carbon Credit (CNT®).

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ST Engineering iDirect and MBSat Partner to Build Next-Generation Sovereign Connectivity Services Across Oman and the Middle East

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Intuition ground system selected to support MBSat’s planned 2027 service launch, enabling accelerated deployment, dynamic resource management and scalable service growth

HERNDON, Va., Oct. 25, 2026 /PRNewswire/ — ST Engineering iDirect today announced a strategic partnership with Mohammed Al Barwani Satellite Company (MBSat), part of Mohammed Al Barwani Group, to provide the ground system technology foundation for MBSat’s next-generation satellite gateway and network operations across Oman and the wider Middle East region. Intuition will provide a flexible, software-defined foundation to support sovereign connectivity services, enabling efficient service deployment, dynamic resource management and scalable network operations.

Intuition will deliver a turnkey ground segment solution that accelerates deployment, simplifies operations and gives MBSat the flexibility to scale services as demand grows. The software-defined platform enables dynamic resource management, service automation and seamless integration with existing and future operational systems. The solution also includes Ka-band gateway infrastructure, service provisioning and management capabilities, open API integration frameworks, training and full-lifecycle support. Together, these capabilities will help MBSat launch and operate services efficiently while adapting to evolving market requirements.

The network will leverage capacity from MB Sat-1, a sovereign MicroGEO satellite, with planned service launch in 2027, to support flexible, scalable connectivity services across the region.

The partnership reflects growing investment in sovereign communications infrastructure across the Middle East as operators seek greater control over service delivery, network expansion and long-term technology evolution.

“This partnership represents an important milestone in our efforts to build an advanced satellite communications platform in Oman and the region,” said Ammar Al Rawahi, General Manager, MBSat. “Through our collaboration with ST Engineering iDirect, we are establishing the technical infrastructure required to launch services efficiently, respond to evolving customer needs and expand into new markets, supporting the sustainable long-term growth of our business.”

“We are providing MBSat with a flexible, software-defined ground platform that integrates with its existing operational environment,” said Sridhar Kuppanna, Chief Executive Officer, ST Engineering iDirect. “This enables more efficient service deployment and operations today, with the flexibility to scale, introduce new capabilities and evolve as requirements change.”

About ST Engineering iDirect

ST Engineering iDirect, a subsidiary of ST Engineering, is a global leader in satellite communications, providing technology and solutions that enable its customers to expand their business, differentiate their services and optimize their networks. Through its portfolio of ground infrastructure, intelligent networking and advanced satellite communications solutions, the company supports operators, service providers, governments and enterprises worldwide.

View original content to download multimedia:https://www.prnewswire.com/news-releases/st-engineering-idirect-and-mbsat-partner-to-build-next-generation-sovereign-connectivity-services-across-oman-and-the-middle-east-302918467.html

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ST Engineering iDirect and MBSat Partner to Build Next-Generation Sovereign Connectivity Services Across Oman and the Middle East

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Intuition ground system selected to support MBSat’s planned 2027 service launch, enabling accelerated deployment, dynamic resource management and scalable service growth

HERNDON, Va., Oct. 25, 2026 /PRNewswire/ — ST Engineering iDirect today announced a strategic partnership with Mohammed Al Barwani Satellite Company (MBSat), part of Mohammed Al Barwani Group, to provide the ground system technology foundation for MBSat’s next-generation satellite gateway and network operations across Oman and the wider Middle East region. Intuition will provide a flexible, software-defined foundation to support sovereign connectivity services, enabling efficient service deployment, dynamic resource management and scalable network operations.

Intuition will deliver a turnkey ground segment solution that accelerates deployment, simplifies operations and gives MBSat the flexibility to scale services as demand grows. The software-defined platform enables dynamic resource management, service automation and seamless integration with existing and future operational systems. The solution also includes Ka-band gateway infrastructure, service provisioning and management capabilities, open API integration frameworks, training and full-lifecycle support. Together, these capabilities will help MBSat launch and operate services efficiently while adapting to evolving market requirements.

The network will leverage capacity from MB Sat-1, a sovereign MicroGEO satellite, with planned service launch in 2027, to support flexible, scalable connectivity services across the region.

The partnership reflects growing investment in sovereign communications infrastructure across the Middle East as operators seek greater control over service delivery, network expansion and long-term technology evolution.

“This partnership represents an important milestone in our efforts to build an advanced satellite communications platform in Oman and the region,” said Ammar Al Rawahi, General Manager, MBSat. “Through our collaboration with ST Engineering iDirect, we are establishing the technical infrastructure required to launch services efficiently, respond to evolving customer needs and expand into new markets, supporting the sustainable long-term growth of our business.”

“We are providing MBSat with a flexible, software-defined ground platform that integrates with its existing operational environment,” said Sridhar Kuppanna, Chief Executive Officer, ST Engineering iDirect. “This enables more efficient service deployment and operations today, with the flexibility to scale, introduce new capabilities and evolve as requirements change.”

About ST Engineering iDirect

ST Engineering iDirect, a subsidiary of ST Engineering, is a global leader in satellite communications, providing technology and solutions that enable its customers to expand their business, differentiate their services and optimize their networks. Through its portfolio of ground infrastructure, intelligent networking and advanced satellite communications solutions, the company supports operators, service providers, governments and enterprises worldwide.

View original content to download multimedia:https://www.prnewswire.com/news-releases/st-engineering-idirect-and-mbsat-partner-to-build-next-generation-sovereign-connectivity-services-across-oman-and-the-middle-east-302918467.html

SOURCE ST Engineering iDirect

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Global Security & Technology Summit Unveils Month-Long Program of Activities Ahead of December Event

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RIYADH, Saudi Arabia, Oct. 24, 2026 /PRNewswire/ — The Organizing Committee of the Global Security & Technology Summit (GSTS) held an introductory session today at the Ministry of Interior’s headquarters in Riyadh, bringing together representatives from the government, private, and nonprofit sectors to introduce the program of activities leading up to the summit. The upcoming summit will be held in Riyadh under the patronage of HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, under the supervision of HRH Prince Abdulaziz bin Saud bin Naif bin Abdulaziz Al Saud, Minister of Interior, and organized by the Ministry of Interior in cooperation with Tuwaiq Academy.

During the session, the Organizing Committee presented the comprehensive GSTS program, comprising three key components: GSTS Month, running from November 1 to 30, 2026; the Global Security & Innovation Fair (SAIF), taking place from November 24 to 26, 2026; and the main Summit, scheduled for December 18 to 20, 2026, in Riyadh. Together, these events form an integrated program designed to advance security and technology innovation, strengthen national capabilities, and foster international cooperation.

GSTS Month will feature working groups, boot camps, training programs, knowledge-sharing sessions, and technical workshops across Saudi Arabia’s 13 administrative regions, delivered both in person and remotely in collaboration with specialized entities. The month-long program aims to develop national capabilities, identify emerging talent, enrich knowledge-sharing opportunities, and equip professionals with the knowledge and skills needed to develop innovative solutions to future security and technology challenges.

The main Summit will bring together global leaders, decision-makers, experts, and innovators to explore the future of security and technology, promote the integration of advanced technologies within the security sector, strengthen national capabilities, support innovation, and foster international cooperation, further positioning the Kingdom as a global hub for security and technology.

Showcasing the latest technological breakthroughs and security solutions, the summit will bring together government entities, private sector organizations, academic institutions, and research centers to facilitate knowledge exchange and collaboration across key fields, including cybersecurity, artificial intelligence (AI), the Internet of Things (IoT), smart security solutions, emerging technologies, and crisis management. The program will also feature main sessions, specialized discussions, and interactive exhibitions. Registration is available at gsts.sa.

Advisor to HRH the Minister of Interior and Chairman of the GSTS Organizing Committee, Ahmed Altowayan, stated that the summit builds on Saudi Arabia’s efforts to establish an advanced security and technology ecosystem focused on knowledge and innovation, keeping pace with rapid developments and future challenges.

Mr. Altowayan noted that the summit is a global platform for strengthening cooperation and exchanging expertise, anticipating future developments in security and technology, and developing strategic partnerships and innovative solutions that enhance the efficiency and readiness of security systems.

Vice Chairman of the GSTS Organizing Committee, Eng. Abdulaziz Alhammadi, said that the summit will offer a range of integrated programs and activities focused on enhancing national skills, encouraging innovation, and supporting international cooperation.

He added that GSTS Month will help build national capabilities, discover talent, and develop skills, with SAIF providing a platform for innovators and researchers from around the world to showcase leading technological solutions, while the main Summit will bring together leaders and experts to discuss the future of security and technology and explore new strategic partnership opportunities.

SAIF will take place at the Riyadh International Convention & Exhibition Center, bringing together innovators, researchers, technology talents, and industry experts from around the world to showcase promising innovations and projects across 14 fields of technology and innovation. The fair will provide opportunities to engage with project owners, including students, graduates, and entrepreneurs, and explore the different stages of innovation development through interactive zones, panel discussions on emerging security and innovation trends, and knowledge-sharing workshops led by specialists. Visitor registration is open to participants from within and outside the Kingdom through saifair.sa.

The introductory session also featured contributions from representatives of government, private, and nonprofit sector entities, alongside members of the media. Discussions focused on developing national capabilities in security and technology, strengthening students’ technical expertise, translating scientific research into practical solutions, and supporting Saudi companies in developing security and technology solutions and advancing digital transformation.

Organized by the Ministry of Interior in cooperation with Tuwaiq Academy, GSTS is produced by Tahaluf, with the Ministry of Education serving as Strategic Scientific Partner, Tahakom as Founding Partner, and Elm as Principal Partner.

Registration for participants from within and outside the Kingdom is available at gsts.sa.

Click here to view the media kit. 

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/global-security–technology-summit-unveils-month-long-program-of-activities-ahead-of-december-event-302918695.html

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