Advanced Security sees $100 mln opportunity in automated drone spin-off

Paul McBeth
Mon, 16 Nov 2015

By Paul McBeth Nov. 17 (BusinessDesk) - Advanced Security Group, which integrates electronic security systems, is planning to build a $100 million revenue company in the next five years with the launch of automated drone surveillance. Auckland-based Advanced Security's sister company ASG E-Guard has received Civil Aviation Authority authorisation and has a patent application on software for a security system with a drone that can be dispatched automatically to a customer's site to investigate alarms and other alerts, in what chief executi...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Policy
ELECTION 2020: Scared or excited about a Labour-Green govt?
Paul McBeth | Thu, 24 Sep 2020

Finance professionals have grown comfortable with Grant Robertson over the past three years. Will a new governing arrangement change that?

Law & Regulation
The FMA is running out of patience
Dan Brunskill | Thu, 24 Sep 2020

Financial services firms that keep failing compliance tests can expect to end up in court, says the FMA boss, Rob Everett.

Law & Regulation
Conduct complaint upheld against quake claims lawyer
Victoria Young | Thu, 24 Sep 2020

However, Grant Shand says it's a win. 

Partner Content
The whole story behind good investment decisions

If there was ever a time when strong financial metrics were the single trademark of a good company, that time has long passed. Responsible investors need to know beyond the profit a company will generate this year or next.

Sponsored
Canon Business: Premium solutions for Commercial Bay

Precinct Properties is the largest owner and developer of premium inner-city business space in Auckland and Wellington, its latest flagship success is the transformational Commercial Bay on Auckland's waterfront. Canon knew that for such a high-calibre client, only a premium bespoke purpose-built solution would suffice when it came to providing market-leading print, mail and courier services to over 10,000 tenants in the development.