SU Group Holdings Ltd. (NASDAQ:SUGP) said Monday that its Macao subsidiary secured exclusive distribution rights for an AI-assisted robotic infrastructure inspection system.
The stock is trading lower in Monday’s premarket session.
The agreement gives Shine Union (Macao) Limited the sole right to market, distribute and sell Green Light Multiplex Co. Limited’s Inspec Spider in Macao. SU Group said the deal creates a new revenue opportunity and expands its technology portfolio.
SU Group Expands Macao Operations
The Inspec Spider is a robotic system designed to inspect and maintain high-mast lighting infrastructure. It can climb polygonal masts and poles up to 35 meters high.
