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InnoEX Opens Today, ASTRI’s Latest Low-altitude Economy Innovations on Display

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HONG KONG, April 13, 2025 /PRNewswire/ — The Hong Kong Applied Science and Technology Research Institute (ASTRI) showcase a diverse range of emerging solutions for smart city innovation at the third edition of InnoEX, running from 13-16 April at the Hong Kong Convention and Exhibition Centre. ASTRI’s technologies on display include advancements in the low-altitude economy (LAE), smart manufacturing, smart mobility, and smart pharmacy, underscoring Hong Kong’s growing influence in the global innovation and technology (I&T) arena.

Driving I&T Collaboration

As Hong Kong’s leading R&D centre, ASTRI remains steadfast in its mission to accelerate I&T commercialisation, supporting industry transformation and enhancing operational efficiency, said Ir Sunny Lee, Board Chairman of ASTRI. “At InnoEx, we engage with high-quality potential partners from home and abroad, exploring future partnerships through our cutting-edge, market-ready solutions,” he said. “ASTRI celebrates its silver jubilee in 2025. To mark this milestone, we have set up a ‘time-tunnel’ at our booth to reflect on ASTRI’s achievements over the past 25 years. As we enter a golden era for I&T development, we remain committed to leveraging technology for societal advancement, enabling smarter living and driving the development of new quality productive forces in Hong Kong.”

Ir Chris Chong, Acting CEO and Chief Operating Officer of ASTRI said ASTRI’s award-wining technologies have been well-received by the industry. To date, ASTRI has been granted 1,100 patents and has completed 1,500 technology transfers. “We are excited to exhibit at InnoEX once again to showcase our R&D outcomes. We look forward to fostering deeper collaborations among the government, industry, academia, researchers and investors. By working together, we can expedite the journey of I&T breakthroughs from laboratory to the market, further solidifying Hong Kong’s position as a global I&T hub.”

Showcasing Cutting-Edge Technologies

InnoEX is jointly organised by the Innovation, Technology and Industry Bureau of the HKSAR Government and the Hong Kong Trade Development Council (HKTDC). As Asia’s flagship I&T event, it has attracted distinguished visitors, including government officials and industry leaders keen to explore Hong Kong’s thriving I&T ecosystem.

Visitors to ASTRI’s booth (3C-E03) in Hall 3C are introduced to an impressive array of pioneering technologies that promise to transform industries and enhance quality of life. These include:

Smart LAE Delivery: This UAV-based solution delivers lightweight packages across urban areas with exceptional precision. Utilising ASTRI’s RSU-Assisted GNSS-RTK Visual/INS Tightly-Coupled Positioning Algorithm, the system maintains accurate positioning even amid NLOS disturbances. This enables the UAV to deliver critical medicine efficiently and reliably to patients during emergencies. By circumventing urban traffic congestion, ASTRI’s aerial delivery system significantly outpaces traditional vehicle-based delivery methods.

Smart Pharmacy: The Smart Pharmacy initiative was first outlined in the Hospital Authority’s Strategic Plan 2022-2027. In line with this visionary development, ASTRI has developed an innovative and effective Sensing Fusion Platform for Accurate and Smart Dispensing. The platform is designed to improve both the accuracy and efficiency of pharmacy operation in public hospitals, while alleviating the workload of frontline staff. To minimise the risk of human error, it introduces a range of unique features, including instant access to drug information, real-time monitoring of medication types and quantities, analysis of staff workloads and activities, and early warning alerts.

Smart Mobility with C-V2X: ASTRI’s Cellular Vehicle-to-Everything (C-V2X) technology facilitates seamless communications between vehicles, pedestrians, roadside infrastructure, and networks. This ensures that road users receive timely reports and warnings, enhancing road safety effectively.C-V2X technology can be applied to real-time traffic monitoring, incident management, and route planning, significantly improving traffic efficiency. In the long run, C-V2X technology will play a crucial role in advancing autonomous driving by helping vehicles detect hidden dangers, further enhancing road safety and supporting the development of autonomous transportation systems.

Smart Mobility with Risk Map: The Risk Map System, co-developed by ASTRI and MTRC, provides an automated and efficient way for managing, monitoring and alerting the condition and position of trackside equipment, and ultimately to enhance maintenance efficiency and railway safety. The innovation won the bronze medal at the 49th International Exhibition of Inventions Geneva.

Smart Manufacturing with IndustriNET 5G: ASTRI’s invention, IndustriNet, facilitates time-sensitive communications over 5G network through novel time synchronisation methods. It enhances the capabilities of 5G networks, making them suitable for applications in smart manufacturing and smart transportation. The solution fulfils smart factories’ demanding requirements for high mobility and dependable wireless networking, expediting the advancement of new industrialisation. It garnered the gold medal at the 49th International Exhibition of Inventions Geneva.

Smart Manufacturing with TrainLite: As manufacturers increasingly seek to upgrade and transform their operations with technologies like artificial intelligence (AI), many face the challenge of lacking access to mature big data systems. To address this general industry pain point, the TrainLite platform empowers manufacturers to develop AI learning prototypes using limited datasets. This enables automated quality inspection on production lines at a lower cost while simultaneously enhancing production efficiency and quality. TrainLite’s technology is versatile and applicable across a wide range of products, including fabrics, printed circuit boards, chips, automobiles, and displays. It received the Special Award for Innovation – King Abdulaziz University at the 48th International Exhibition of Inventions Geneva.

Championing Innovation at the Forum

As a panellist at the “Tech-Driven Industry and Economy Conference Powered by HKSARG OASES” this morning, Ir Chris Chong shared insights into ASTRI’s successful R&D projects and demonstrate how technology transfer and commercialisation are turning innovative ideas into market-ready solutions. Tomorrow (14 April), he will take the stage as the moderator for the Innovation Forum: France-Hong Kong Shaping Green Efficiency, Smart Mobility & Digital Transformation, organised by Consulate General of France in Hong Kong & Macau and Business France, to explore the role of technology in shaping future smart city.

Promoting Cross-Sectors I&T Partnership

InnoEX is running concurrently with the HKTDC Electronics Fair (Spring Edition). The two fairs bring together 2,800 exhibitors from 29 countries and regions, attracting global visitors to facilitate collaboration and knowledge exchange across industries.

ASTRI Corporate Website – https://www.astri.org  
InnoEX – https://www.hktdc.com/event/innoex/en

Photos Download: https://bit.ly/3FT2kGA 

 

 

 

 

About ASTRI

Hong Kong Applied Science and Technology Research Institute (ASTRI) was founded by the Government of the Hong Kong Special Administrative Region in 2000 with the mission of enhancing Hong Kong’s competitiveness through applied research. ASTRI’s core R&D competence in various areas is grouped under five Technology Divisions: Advanced Electronic Components and Systems; Artificial Intelligence and Trust Technologies; Communications Technologies; Intelligent Perception and Control Technologies, and IoT Sensing and AI Technologies. It is applied across six core areas which are Smart City, Financial Technologies, New Industrialisation and Intelligent Manufacturing, Digital Health, Application Specific Integrated Circuits and Metaverse.

Over the years, ASTRI has nurtured a pool of research, I&T talents and received numerous international awards for its pioneering innovations as well as outstanding business and community contributions. ASTRI has transferred more than 1,500 technologies to the industry and has been granted over 1,100 patents in the Mainland, the United States, and other countries. For further information, please visit www.astri.org.

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SOURCE Hong Kong Applied Science and Technology Research Institute (ASTRI)

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Ov Finance Enhances Fintech Platform with New Intelligent Investment and Lending Features

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Ov Finance introduces expanded tools for smarter portfolio management, real-time analysis, and flexible digital lending to meet evolving market demands.

LOS ANGELES, April 27, 2025 /PRNewswire-PRWeb/ — Ov Finance has announced a major update to its financial technology platform, introducing a new suite of intelligent investment tools and digital lending features designed to support users in achieving smarter and more responsive financial decision-making. This upgrade reflects the company’s broader strategy of making modern finance more accessible, efficient, and tailored to the needs of a digital-native generation.

The enhanced platform includes advanced portfolio optimization features powered by machine learning, offering real-time insights and personalized recommendations based on market trends, individual risk tolerance, and investment goals. This upgrade enables users to make data-driven decisions and adjust their financial strategies with greater precision and flexibility.

“Modern investors are looking for tools that not only provide access to markets but also deliver insights and guidance tailored to their personal financial journey,” said a spokesperson for Ov Finance. “This update represents our commitment to offering a next-generation investment experience built on intelligent design and seamless functionality.”

In parallel, Ov Finance has also launched a fully integrated digital lending solution that enables users to access short- and medium-term financing with transparent terms and instant processing. The system is designed to remove traditional barriers such as paperwork delays and middlemen, streamlining the entire lending process into a user-first experience.

The new features also include an upgraded interface across web and mobile applications, making it easier for users to navigate, monitor performance, and take action. Key highlights include customizable dashboards, smart alerts for market movements, and automated rebalancing options to help users stay aligned with their financial targets.

Ov Finance’s platform expansion is guided by feedback from its growing global user base, as well as ongoing market analysis. The company aims to meet the needs of both individual users and institutional partners by providing a comprehensive suite of digital financial services that emphasize flexibility, security, and ease of use.

As part of its continuous improvement strategy, Ov Finance is investing in user education and financial literacy resources, including webinars, tutorials, and one-on-one advisory options. These efforts are designed to empower users with the knowledge needed to fully leverage the platform’s features and build long-term financial resilience.

With these enhancements, Ov Finance is reinforcing its role as a trusted partner for individuals and businesses seeking dynamic, user-focused financial solutions. The company plans to continue rolling out new features in the coming months, including automation tools for savings and personalized lending offers based on behavioral analytics.

As financial needs evolve, Ov Finance remains committed to helping users navigate complex economic environments with confidence, control, and clarity—through innovation, education, and a smarter approach to finance.

For more information, please visit Ov Finance.

Media Contact

Ethan Parker, Ov Finance, 1 317-979-6366, Service@ovfinance.com, https://www.ovfinance.com/

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SOURCE Ov Finance

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AutoShop Answers and Rilla Launch Groundbreaking AI Initiative — Changing the Automotive Industry Forever

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HOUSTON, April 27, 2025 /PRNewswire/ — AutoShop Answers, a leader in automotive service training and innovation, has officially partnered with Rilla, the premier AI-powered speech analytics company, to launch a groundbreaking initiative that is set to redefine the future of the auto repair industry.

This historic collaboration integrates Rilla’s advanced AI virtual ride-along and conversation analytics technology into the AutoShop Answers coaching platform, delivering a game-changing experience in customer engagement, service advisor training, and operational excellence.

Sebastian Jimenez, CEO of Rilla and NYU Stern graduate, brings a unique background — combining business acumen with a fresh approach to coaching drawn from his early stand-up comedy experience — to revolutionize how businesses train, coach, and grow. Rilla’s AI captures and analyzes real-time customer interactions, delivering actionable coaching insights hands-free.

Todd Hayes, founder of AutoShop Answers and a 30-year veteran of the auto repair industry, emphasized the significance of the launch:

“With Rilla’s AI, we’re not just training — we’re transforming. This technology allows us to coach sales calls, audit scripts, and elevate customer service like never before.”

The partnership officially debuted at AutoShop Answers’ sold-out Key to Key to Callbacks Weekend in Houston, Texas — a record-breaking, standing-room-only event filled with innovation, coaching breakthroughs, and more than 80 bursts of applause from an energized national audience.

The weekend began with a national online Strategy Saturday, hosted live by AutoShop Answers’ Glenn Piccolo. Todd Hayes then took the stage to share defining moments from his career, culminating in the official launch of AutoShop Answers AIX, powered by Rilla. Sebastian Jimenez joined the stage to introduce Rilla’s revolutionary capabilities to the automotive sector — ushering in a new high watermark for AI-powered live coaching and customer journey analysis.

The excitement continued with a special visit from Sunil Patel, CEO of Tekmetric, celebrating Tekmetric’s incredible milestone of reaching 10,000 auto shops nationwide. Congratulations were extended to both Tekmetric and ShopGenie, two of AutoShop Answers’ valued program sponsors.

The event also celebrated individual achievements, with Lynn Massengill receiving special recognition for surpassing both the $300,000 and $400,000 monthly revenue marks through AutoShop Answers coaching — truly a testament to the impact of training, innovation, and commitment.

Today, AutoShop Answers continues its momentum with the unveiling of the SPARR system, an AI-automated presentation platform that further advances their mission to empower service advisors and drive world-class customer service.

Next AutoShop Answers Key to Key to Callbacks Program: May 17–18!

Seats are already filling fast.

Learn more and register at: www.autoshopanswers.com

For more information, visit:
rilla.com
autoshopanswers.com

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SOURCE Autoshop Answers

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Appotronics Debuts Full-Vehicle Optical System at Shanghai Auto Show

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SHANGHAI, April 27, 2025 /PRNewswire/ — At Auto Shanghai 2025, Appotronics (688007.SH), the inventor of ALPD® laser display technology, unveiled its groundbreaking Lingjing Intelligent Automotive Optical System – a comprehensive solution enabling dynamic projections on any vehicle surface, both interior and exterior, including windshields, dashboards, seats, and windows. The system delivers high-luminance lighting and interactive displays, transforming vehicles into responsive ‘digital emotional spaces’ that adapt to occupants’ needs in real time.

The system spans seven key application scenarios, redefining in-vehicle functionality and user experience:

Artistic ambient lighting,Rear-seat entertainment with privacy-preserving large-screen projection,Dynamic pathway lighting that conveys mood and context,Boundary-free interactive displays on smart surfaces,Side window interfaces for human-vehicle interaction,ALL-in-ONE laser smart headlights combining illumination and display capabilities.

Yu Xin, Vice President of Appotronics, highlighted the company’s evolution in automotive innovation: “We’re moving beyond just supplying hardware to co-creating smart mobility experiences. By sharing our core technology platform, we’re collaborating with carmakers and developers to unlock new ways AI and optical tech can work together. Our goal is to turn cars from simple transport into ‘digital emotional spaces’—where every journey is tailored to its occupants, powered by AI and advanced laser tech.” This vision is already taking shape, with 13 active development orders underscoring Appotronics’ momentum in next-gen automotive optics.

Visitors can experience the technology firsthand at Hall 2.2H | Booth 2BA032 (National Exhibition and Convention Center, Shanghai) through May 2.

About Appotronics

Appotronics is the inventor of ALPD® laser display technology and one of the first companies to list on the Shanghai Stock Exchange STAR Market. From optics for cinemas, vehicles, and homes to AR glasses, Appotronics’ cutting-edge products are designed to meet the evolving needs of consumers and businesses worldwide.

Learn more at https://www.appotronics.com/

Media Contact 
Ma Chunli
machunli@appotronics.com

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SOURCE Appotronics Corporation Ltd.

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