ISDN Subsidiary NovaPeak Secures S\$1 Million AI-Powered HDB Inspection Contracts

Key Highlights

• NovaPeak Pte. Ltd., a subsidiary of ISDN Holdings Limited, has secured S\$1 million worth of contracts to perform AI-powered drone inspections for HDB buildings.
• The contracts cover facade inspections for over 1,400 HDB residential blocks and periodic facade inspections for 50 HDB multi-storey carparks.
• NovaPeak’s LiveInspect.AI platform leverages advanced AI models and drone technology to deliver safer, more cost-effective, and less intrusive building inspections.
• Since its founding in 2022, NovaPeak has inspected over 900 buildings and completed more than 2,000 drone missions, covering over 2 million square metres of building facades.
• NovaPeak is targeting a market of over 20,000 buildings in Singapore and tens of thousands of mid- to high-rise buildings across Southeast Asia.

Detailed Report

SINGAPORE, 19 January 2026 – In a development that could potentially impact ISDN Holdings Limited’s growth outlook and investor sentiment, its subsidiary NovaPeak Pte. Ltd. has been awarded contracts totalling S\$1 million for automated AI-powered building inspections for HDB properties.

About the Contracts

• The contracts cover facade inspection for more than 1,400 HDB residential blocks, as well as periodic inspection services for 50 HDB multi-storey carparks.
• NovaPeak will deploy its proprietary LiveInspect.AI platform, combining drone-based data capture with advanced AI analytics. This approach is designed to enhance the consistency and accuracy of defect detection, reduce safety risks, and lower operational costs compared to traditional human inspection methods.
• The solution directly addresses regulatory compliance and safety mandates, positioning ISDN and NovaPeak at the forefront of digital transformation in building management and inspection services.

Business & Market Impact

• NovaPeak’s innovative use of AI and drone technology disrupts the conventional approach to building inspections, which previously relied heavily on manual, labour-intensive access methods such as gondolas and lifts.
• With a strong track record since inception in 2022, NovaPeak has already inspected over 900 buildings and completed over 2,000 drone missions in Singapore, reflecting rapid market adoption and operational scalability.
• The company’s AI models are continually enhanced by this growing experience base, creating a competitive advantage in the region.
• NovaPeak’s addressable market is substantial, with over 20,000 buildings in Singapore alone, and potentially tens of thousands more across Southeast Asia that require regular inspections. This signals significant long-term growth potential for ISDN’s AI-driven solutions.

Statements from Management

“We started NovaPeak 3 years ago when we saw the vast potential of drones and AI working together to address a specialised market in building inspection. Today, there is much stronger global awareness of the power of AI, but it takes experience, compliance and engineering to build real-world AI solutions that can carry out mission-critical tasks. NovaPeak’s LiveInspect.AI platform integrates AI into a proven solution that has inspected more than 2 million square metres of building surfaces. We’ve demonstrated high performance and lower cost than legacy human approaches, and we’re pleased to announce another 1,450 buildings added to our stable of business.”
— Eugene Choy, Managing Director and Founder, NovaPeak

“ISDN has grown from supplying automation components to full, advanced AI solutions. NovaPeak is an example of how we are working to build entire systems with groundbreaking technologies to change the way the world does business. We look forward to announcing more developments across our business in 2026.”
— Teo Cher Koon, Managing Director & President, ISDN Holdings Limited

Shareholder Information & Potential Price Sensitivity

• While the contracts are substantial for NovaPeak’s growth trajectory, ISDN Holdings Limited has stated that these awards are not expected to have a material impact on the Company’s net tangible assets per share or earnings per share for the financial year ending 31 December 2026.
• No directors or controlling shareholders have any interest in these transactions, other than through their shareholdings in the company.
• The contracts signal ISDN’s ongoing shift from being a traditional automation components supplier to a provider of advanced, integrated AI solutions — a strategic transformation that may support future valuation re-ratings.
• Investors should monitor subsequent contract wins, technology developments, and NovaPeak’s regional expansion progress, as these could provide further upside catalysts for the share price.

About NovaPeak Pte. Ltd.

NovaPeak is a Singapore-based technology company specialising in drone-enabled inspection services and AI-driven software for the built environment. The firm supports inspection professionals with structured workflows, governed data pipelines, and scalable reporting tools, particularly for large-scale, regulated inspection programmes. More information is available at www.nova-peak.com.

About ISDN Holdings Limited

ISDN Holdings Limited is a leading provider of industrial automation solutions across Asia with more than 10,000 customers and 78 sales offices in key growth markets. With a 30-year track record, ISDN supports advanced industries such as semiconductors, aerospace, medical devices, clean energy, and intelligent manufacturing. The company is listed on both the Singapore Exchange (SGX) Main Board and the Hong Kong Stock Exchange Main Board. More information can be found at www.isdnholdings.com.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence or consult a qualified financial advisor before making investment decisions related to ISDN Holdings Limited or its subsidiaries.

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