“Today marks an important milestone for both NAMI and Covation,” said Andy Fung, CEO of NAMI. “NAMI is excited to unlock the potential of Covation’s product excellence with our expertise in energy storage technology and metal surface treatment. I am so glad that local inventions are being applied by Covation, a Hong Kong based company, to develop cohesive solutions that re-define the outdoor, e-mobility, and 3C product sectors, driving advancement in global markets. This will also enhance ESG and promote green energy solutions.”
“The partnership with NAMI perfectly aligns with Covation’s vision for driving consumer-centric innovation,” said Bruno Maier, CEO of United Wheels (a Covation subsidiary). “Covation is the marriage of collaboration and innovation, and by leveraging NAMI’s expertise in energy storage and material innovation, we’re unlocking new opportunities to elevate the consumer experience and inspire adventures worldwide.”
The MOU signing will take place at the NAMI booth (#50832-02) in the Hong Kong Tech Pavilion (Hall A, Level 2) in the Venetian Expo & Convention Center on Wednesday, January 8, 2025. For additional information about NAMI and Covation Holdings, please visit www.nami.org.hk and www.covation.com respectively.
About NAMI
Nano and Advanced Materials Institute (NAMI) is designated by the Innovation and Technology Commission of the Government of the Hong Kong Special Administrative Region as a Research and Development Center for nanotechnology and advanced materials, conducting market-driven research to support the industry for commercialization, benefitting the society at large, and promoting economic growth and sustainability.
About Covation Holdings Limited
Covation Holdings Limited and its subsidiaries, including United Wheels and FuturuX, are primarily engaged in the manufacture and worldwide distribution of bicycles and other wheeled-goods, servicing customers end-to-end, from the initial stages of design to the final production and sale of said products. In addition, Covation is engaged in a strategic cooperation with Allite, its sister company and a material sciences company specializing in magnesium innovation and commercialization, which can provide Covation with access to the relevant advanced technologies in material sciences.