Terra Drone Japan and Plimsoll UAV in Brazil sign a joint venture agreement

TOKYO,Jan. 17,2019 -- Terra Drone Japan (Shibuya-ku,Tokyo,CEO Toru Tokushige)and Plimsoll UAV (Rio das Ostras,Brazil,CEO Marcelo Belleti)announce the establishment of a joint venture called Terra Drone Brazil.

Terra Drone Ltd. isa Japan-based UAV company,whichserves its clients with safer and more efficient surveys and inspections by using cutting-edge drone technologies.Plimsoll UAV,in which Terra Drone has acquired a major stake,is a leadingdrone service provider in Brazil. Plimsoll UAV is specializedin the inspection of Floating Production Storage and Offloading System(FPSO) among Oil & Gas (O&G) fields.

Brazil has the largest number of FPSO in the world. With this agreement,we are capable of providing the most updated technical know-how of 3D surveying and hard & soft technologyto enhance the wide network in Brazil that has been established by Plimsoll UAV. Thus,this new partnership will bring the latest technology to our customers,providing great benefits to their needsand delivering world-class service to our clients in Brazil.

With this new Joint Venture,Terra Drone Brazil will be able to enhance technical solutions for O&G industries in Brazil and to extend them further for exploring utility networks,cell towers,and mining through the usage of geographic information system (GIS). Terra Drone will continue to generate aerial innovations that have great impact on society.

Plimsoll UAV

Plimsoll UAV,founded in 2017,provides an emerging solution for visual inspection in the O&G market with low cost,greater efficiency and lower risks. The UAV company is a subsidiary of Plimsoll Engineering and Fabrication which has been in the Brazilian O&G market for 25 years,providing efficient maintenance and repair of offshore units,and also manufacturing and installing offshore structures.

Terra Drone Corporation

Terra Drone Corporation is an industry-leading drone technology company established in 2016.The company's head office is located in Tokyo,Japan,with 10 branches globally throughout Japan,APAC,EU,Africa,North America,and Latin America.With a focus on the mining sector,Terra Drone provides innovative drone technologies empowered with LiDAR and photogrammetric surveying methods for construction,electricity,energy,O&G. Terra Drone specializes in high-performancehardware,cutting-edge software,and service and drone management systems (UTM).

Terra Motors manufactures and sells innovative electric-motor bicycles and tricycles in Asia. Sales figures are above 30,000 individual units per year and control 85% of the overseas sales ratio. For more information,visit https://www.terra-drone.net