NOVAUTEK (00519) announced that the group, as a Hong Kong-based technology enterprise, leverages its R&D capabilities to address local security challenges with customized solutions. Its products offer core functionalities such as 24/7 patrols, fire detection, and illegal parking identification. Tailored to Hong Kong's unique environment and regulatory requirements, the company has developed specialized technologies like ground water spill detection and obstacle recognition, driving intelligent upgrades in local security.
With high-quality products and efficient services, the group has rapidly expanded its presence across key sectors, including public housing estates, high-end private residences, and public spaces, earning widespread recognition from residents and clients. Its achievements have also drawn attention from multiple local media outlets.
Growing demand and successful project implementations provide a solid foundation for further market expansion. The company anticipates broader application opportunities and a significant boost in brand influence.
Globally, robotics technology is undergoing large-scale commercialization, with security patrols emerging as a key growth sector. The global market size is projected to exceed $6.5 billion by 2025. This trend aligns with Hong Kong's "Smart City" initiative and its strategy to enhance public safety, while also supporting China's "AI+" development agenda.
NOVAUTEK is driving a transformation in public security—from reactive responses to proactive prevention—bringing strong momentum to Hong Kong's security upgrades. The board believes the business holds vast prospects and robust growth potential.