Proteus Advanced Systems was established with a partnership of Singapore-based company ST Engineering and Israeli Aerospace Industries (IAI).

ST Engineering and IAI, which meet the growing demand for guided munitions, will conduct the marketing of naval munitions systems, including a next-generation anti-ship missile.

According to ST Engineering's Defence News, the company has been working with IAI for several years for an anti-ship missile called Blue Spear.

In the development of the missile, the Singaporean company undertakes the design and production of large subsystems such as booster motor and war head. 

*The photo used as a representation