EQS-News: Steyr Motors receives development contract from a leading international defense and technology group based in Singapore
EQS-News: Steyr Motors AG / Key word(s): Incoming Orders
Steyr Motors receives development contract from a leading international
defense and technology group based in Singapore
29.01.2026 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.
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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, Austria, 29 January 2026 – Steyr Motors AG ([1]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.
Strategic cooperation for pioneering vehicle technology
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.
Promising market potential and high order volume expected
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 for powerful and
reliable drive systems for modern emergency vehicles.
Julian Cassutti, CEO of Steyr Motors, comments: “The collaboration with
this new customer is just as significant as the development contract we
signed with Rheinmetall Landsysteme GmbH about a year ago. The fact that
the Singapore-based defense and technology group has placed its trust in
our expertise and experience confirms the international competitiveness of
our products and our development team. We are proud and look forward to
making a key contribution to a pioneering vehicle concept with our
M14TCI-120. This project sends a strong signal and forms the basis for
further platforms for this customer. The development contract solidifies
our role as a preferred development partner for sophisticated drive
solutions in safety-related applications worldwide, providing another
strong foundation for our growth.”
Company profile of Steyr Motors AG
Headquartered in Steyr, Austria, Steyr Motors AG is a global leader in the
development and production of high-performance customized special engines
with high power density and durability. The Company’s engines are
primarily used for military special vehicles, boats (both military and
civilian) and as auxiliary power units (“APU”) for main battle tanks and
locomotives.
For further information, please contact:
Steyr Motors AG
Investor Relations
Phone: +436766222367
E-mail: [2]ir@steyr-motors.com
[3] www.steyr-motors.com
Press contact:
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone: +49 89 125 09 0333
E-mail: [4]sh@crossalliance.de
[5] www.crossalliance.de
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29.01.2026 CET/CEST This Corporate News was distributed by [6]EQS Group
View original content: [7]EQS News
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Language: English
Company: Steyr Motors AG
Im Stadtgut B1
4407 Steyr
Austria
Phone: +43 7252 2220
E-mail: office@steyr-motors.com
Internet: https://www.steyr-motors.com/de/
ISIN: AT0000A3FW25
WKN: A40TC4
Listed: Regulated Unofficial Market in Frankfurt (Scale); Vienna
Stock Exchange (Vienna MTF)
EQS News ID: 2267490
End of News EQS News Service
2267490 29.01.2026 CET/CEST
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References
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2. ir@steyr-motors.com
3. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=fa43d7aab0cc6b5f3e5a9bd745396480&application_id=2267490&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
4. sh@crossalliance.de
5. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=a9f6782523c75b88380cf9d9c4273e43&application_id=2267490&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
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7. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=7b73e8462fc53149eb0b62a2724f3402&application_id=2267490&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
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