Mint Stakes HK$20M in 80% JV to Scale Digital Twin and Drone Control
Mint Incorporation’s Axonex Intelligence will hold 80% of a Hong Kong joint venture with Synergy Technology Group to commercialize digital twin and drone control technologies across infrastructure, utilities, smart cities and industrial operations. Axonex committed to invest HK$20 million in four tranches over 12–24 months upon meeting defined milestones.
1. Joint Venture Formation
Axonex Automation Limited launched in Hong Kong as a joint venture between Mint’s Axonex Intelligence (80% stake) and Synergy Technology Group (20% stake), focusing on digital twin and drone control solutions.
2. Equity and Funding Commitments
Axonex Intelligence will provide up to HK$20 million in capital over four tranches within a 12–24-month period, with disbursement tied to specific business and technical milestones outlined in the JV agreement.
3. Technology Integration
Synergy Technology Group contributes its Zhishan No-Code Digital Twin Universal Platform and related drone inspection technologies under license, while Axonex delivers operational resources and international business capabilities.
4. Market Expansion Plans
The joint venture aims to deploy advanced digital twin and autonomous drone technologies in infrastructure inspection, utilities management, smart city projects and industrial operations across Hong Kong and select overseas markets.