Investment agreement helps Sudbury drone company access new markets: Unmanned Aerial Services Inc. will become a subsidiary of Japan's Terra Drone Corp.

• Date: 01 February 2020
• Author: Romaniuk, Colleen

What started out as "a couple snowflakes" recently turned into an avalanche for a Sudbury-based drone company that recently struck a deal that will assist their global expansion.

Unmanned Aerial Services Incorporated (UAS), an inspection service provider for indoor industrial confined spaces and underground mine locations, signed an investment agreement with Japan's Terra Drone Corporation that gave Terra Drone a "significant stake" in the company.

As part of the agreement, Terra Drone, a world leader in industrial drone solutions, will form a new subsidiary in Sudbury called Terra Drone Mining.

Their goal is to provide unmanned mapping and inspection services to underground mines around the world.

The new investment will give UAS the ability to penetrate other markets, expanding beyond North America to areas like South/Central...