Tokyo-headquartered Terra Drone Corporation, the world’s largest industrial drone services provider, has finalized its expansion into the Australian market after completing an equity investment in Australian firm, C4D Intel Pty Ltd. As part of the deal, C4D Intel will immediately rebrand to Terra Drone Australia.
The move by Terra Drone is the latest of the company’s investments into leading drone technology businesses across the globe and demonstrates the Japanese company’s commitment to the Australian market. The terms of the transaction were not disclosed.
Founded in 2016, C4D Intel is an industry innovation leader that provides surveying, inspection, and 3D modeling services to a diverse client base across mining, oil and gas, power, and forestry industries in Western Australia. As Terra Drone Australia, the company will be able to leverage the additional growth capital to expand its service offering to include unmanned airborne LiDAR, bring innovative Terra Group technologies to Australia, and expand its operations to the East coast of Australia.
The Australian drone service provider’s existing clients include mining heavy-weights such as Rio Tinto and Fortescue Metals Group, and large utilities such as ATCO Gas Australia and Synergy. The company specializes in large-scale unmanned aerial surveys, confined space infrastructure inspections, high-altitude inspections, bridge and pipeline inspections, and asset 3D modeling.
C4D Intel Operations Manager Will Wishart said, “We are delighted to join the No.1 industrial drone services company in the world, Terra Drone. When the world’s fastest-growing drone business chooses to expand to Australia, and selects our business to invest in, it speaks volumes about the opportunities available here and the vision we have for the company.
“There are many advantages of being a part of a global organization and this next phase of growth makes for very exciting times. We have already leveraged Terra Drone’s international network to bring new technology to Australia and look forward to accelerating this as we expand our operations across the Australian continent.”
Terra Drone Corporation CEO Toru Tokushige added, “The establishment of Terra Drone Australia is another milestone for our international expansion strategy. Australia bears a strategic significance in our growth plans. Having a local presence in the region allows us to be close to our customers and strengthen our support to them.”
Later this month, Terra Drone Australia will bring innovative drone technology from The Netherlands to Australia for ‘proof of concept’ trials for global mining company Rio Tinto. The Terra UT Drone from Terra Inspectioneering will allow Terra Drone Australia to offer ultrasonic thickness testing of steel in hard to reach places, such as bin walls which are subject to wear.
Source: Press Release