In Singapore, on January 19, 2026, NovaPeak Pte. Ltd. ("NovaPeak"), a subsidiary of ISDN HOLDINGS (01656), has been awarded a contract to deploy its automated artificial intelligence and drone-powered solution for inspecting buildings managed by Singapore's Housing & Development Board.

NovaPeak's solution utilizes its digital inspection and reporting platform, LiveInspect.AI, to analyze building defects and assess a range of factors related to wear and tear, safety, compliance, and performance.

Conducting on-site inspections via drones enhances the consistency and accuracy of the inspection work, while simultaneously reducing safety risks and associated costs.

The S$1 million inspection contract encompasses two key components: conducting facade inspections for over 1,400 HDB residential blocks and providing regular facade inspection services for 50 HDB multi-story car parks.

Since its establishment in 2022, NovaPeak has inspected more than 900 buildings across Singapore, completed over 2,000 drone missions, and covered a total building facade area exceeding 2 million square meters.

NovaPeak has built a distinguished track record in technology-enabled building inspection services, applying AI-assisted analytics and drone-based data acquisition to minimize reliance on labor-intensive methods like gondolas and lifts, while also supporting professional inspection and regulatory compliance.

NovaPeak's target market includes over 20,000 buildings in Singapore, plus tens of thousands of mid- to high-rise structures across Southeast Asia that require regular inspections.

Leveraging its first-mover advantage in the industry, the company is well-positioned to refine its AI models by drawing on what is arguably the market's best and most rapidly expanding pool of practical experience.