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Here are the five innovative startups we met at Hong Kong Science and Technology Park

The HKSTP campus

Hong Kong Science and Technology Parks Corporation (HKSTP) runs a unique incubation and acceleration programme for global startups. Since its launch in 2001, it has created a thriving I&T ecosystem, grooming 12 unicorns, more than 14,000 research professionals, and over 1,700 technology companies from 27 countries and regions focused on developing healthtech, AI and robotics, fintech and smart city technologies, etc.

Last Friday, HKSTP held its flagship Elevator Pitch Competition (EPiC) 2024 in Hong Kong, where German Li-ion startup tozero was crowned the champion. HKSTP invited several tech journalists from Asia and Europe to witness the EPiC event. On the event’s sideline, the journalists were introduced to several startups that have developed path-breaking products.

Below are the snapshots of the five innovators we met at the HKSTP.

Aero Systems

Based at the University of Queensland, Aero Systems specialises in applied technology and is engaged in the R&D of aviation training tools. The focus is on using the possibility of modern technology to encourage institutions and partners across Asia Pacific to adopt flight simulators and autonomous learning solutions in establishing training facilities. Established in 2017, Aero Systems aims to expedite learning even with complex flight procedures and simulate a hands-on operation environment, thus fostering career advancement and increasing safety levels and mission success.

AI Guided

Founded in 2020 in Hong Kong, AI Guided specialises in AI, haptic-reflex actuation, and environmental visualisation, especially for smart cities, social connectivity, and social welfare applications. It develops high-tech and innovative assistive platforms and portable devices for the visually impaired and the elderly. The startup’s flagship solution is GUIDI, an AIoT-based visual guiding system, which is equipped with advanced night vision cameras, immediate object recognition and path planning features, and speechless communication for directional guidance.

SAMBO

Sambo Group is engaged in the R&D of innovative technologies and nano-advanced functional materials for environmental protection and energy conservation.

It currently offers three products:

Light Fresh: A light self-cleaning sterilisation, disinfection, deodorisation, and air purification technology used mainly for indoor air purification and sterilisation and disinfection of places.

Cool Fresh: A nano thermal insulation coating technology used mainly for energy conservation, insulation and cooling of buildings.

Solar Fresh: A dust-proof, self-cleaning technology used mainly in self-cleaning designs for glass, ceramic tiles and metal substrate surfaces. It has excellent application and economic potential in self-cleaning and power generation of solar photovoltaic panels.

RaSpect Systems

RaSpect offers a cutting-edge Al platform for property inspections. It is designed for building owners, facility management, and building professionals, streamlines risk assessment, and improves performance evaluations.

The startup harnesses the power of AI and robotics technology to enhance infrastructure inspection and monitoring. It develops an intelligent platform for achieving higher safety, serviceability, and sustainability levels in a built infrastructure.

TIME Medical

TIME Medical develops cost-effective imaging systems and AI-based tele-imaging to bring advanced, accessible and affordable medical imaging products and services to global markets. It develops innovative imaging technologies for specialised applications in neonatal care, women’s health, and elderly care.

The company’s open MRI system is suitable for claustrophobic patients, provides better patient comfort with six-directional patient table movement for optimal ISO centre positioning, and its permanent magnet requires very low power to operate, minimising operation costs. It uses advanced technology to replace existing X-ray technology, which poses dangers to patients.

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