Evolving the World
from the Sky

Terra drone

2023 unding Special Website

First company in Asia to receive Wa'ed investment

Terra Drone receives investmentfrom the venture capital arm ofAramco

Terra Drone receivesinvestment from the venturecapital arm of Aramco

Since 2016, Saudi Arabia has advanced the Saudi Vision 2030, an economic reform initiative aimed at building a sustainable economy that seeks to stimulate technological advancement, and create better jobs for Saudi nationals. As a way to support the country in achieving its tech-focused goals, Aramco have expressed keen interest in backing companies involved with drone technology as a way to expand the deep tech sector in the Kingdom.

The venture capital arm of Aramco

Wa'ed is the venture capital arm of Aramco, the national oil company of Saudi Arabia. Created by Aramco in 2011, Wa'ed provides loan financing, venture capital investment and incubation services to a number of startups. The company is located in Dhahran, Saudi Arabia. For more information, visit www.waed.net.

Reason for Funding

Terra Drone's technologyfocused on achievingthe Saudi Vision 2030

Terra Drone has been recognized by Drone Industry Insights, a leading drone global research company, as the top drone service provider in 2020. It is one of the largest drone service providers in the world with extensive experience in providing more than 3,000 survey and inspection services in 10 countries around the world. Terra Drone’s group company Unifly also has an impressive track record, being one of the top unmanned traffic management (UTM) system providers globally, and the No. 1 adopted system in Europe and United States.
The establishment of a Terra Drone subsidiary in the Kingdom not only enables Terra Drone to localize and develop the company, but to create jobs locally and through the use of drone inspections, contribute to increasing the efficiency of the oil industry, the main economic drive in Saudi Arabia.

Inspection

Non-destructive testing forinfrastructure used inpetrochemical, shipping and otherindustries reduces cost and timeby 10%

Non-destructive testing forinfrastructure used inpetrochemical, shipping andother industries reducescost and time by 10%

From storage tanks and boilers, to tankers and decks, Terra Drone drone solutions improve inspection efficiency, enhance safety, and save time and money for inspections on a variety of equipment and infrastructure. We offer a wide range of drone inspection products and services centered on ultrasonic thickness (UT) measurement, including hardware and software development and inspection services.

Unmanned Traffic Management

Safe and effective platformfor drones and urban air mobility

Safe and effective platformfor drones and urban airmobility

We develop and create unmanned traffic management (UTM) platforms for drones and urban air mobility (UAM) systems and have successfully deployed UTM platforms in eight countries, all adopted at the national level. Currently, trials are ongoing for future implementation in Japan.

Surveying

98% worktime reduction withproprietary LiDAR tech andlatest point cloud surveying

From hardware and software for Terra LiDAR to developing services, we provide a range of solutions to bring safe and effective surveying to the construction and civil engineering sectors. Our solutions also include surveying services based on the latest in 3D laser scanning and point cloud surveying technology.

2nd Best Remote-sensing Service
Provider of 2022

No.2

Terra Drone achieved second place in Drone Industry Insights Best Remote-Sensing Service Provider.

Locations in

5

Countries

From the earliest days of the drone industry, Terra Drone have fearlessly made prior investments through M&A to grow into a company with a competitive global presence.

Projects

3000

Terra Drone has delivered on more than 3,000 projects in unmanned traffic management, surveying, and inspection.

Compound annual growth rate

87.8

Terra Drone has grown in sales, size, and staff since its founding in 2016.

Operating Margin

20

Terra Drone returned a profitable operating margin from our fourth fiscal year and have been growing in revenue and operating profit ever since.

Projects

3000

Terra Drone has delivered on more than 3,000 projects in unmanned traffic management, surveying, and inspection.

Compound annual growth rate

87.8

Terra Drone has grown in sales, size, and staff since its founding in 2016.

Operating Margin

18

Terra Drone returned a profitable operating margin from our fourth fiscal year and have been growing in revenue and operating profit ever since.

1
/
3

Message from the CEO

Leading global economicdevelopment with drones

Terra Drone was founded in 2016 when the drone industry was only beginning, with a mission to evolve the world from the sky. The Terra Group has developed cutting-edge technology to build an impressive track record across the globe, and was recognized by Drone Industry Insights in 2020 as the top drone service provider.

We are incredibly honored to be the first startup in Japan to receive funding from Aramco's Wa’ed. This investment recognizes the outstanding performance of Terra Group in drone services, which includes more than 3,000 projects worldwide.

We are grateful for the opportunity to apply our skills as a Japanese venture company to contribute the Saudi Vision 2030 and the economic diversification of the Kingdom of Saudi Arabia.

Case Studies

InspectionChevron Pacific Indonesia

Drone technology to mitigate damage from illegal tapping of oil and gas pipes.

Project Outline

Illegal tapping is a form of oil theft where a hole is made in an active pipe and oil or gas is tapped through a hose into a container. After collecting a certain amount of oil, the thieves leave the pipe without patching up the holes. Crude oil will continue to leak through the hole, resulting in large losses and pollution. Drones can access areas that were previously difficult or impossible to reach by conventional methods, while also collecting more accurate information about the location of the illegal tapping.

Result

Improved security for workers: Workers do not need to visit assets vulnerable to crime.
Faster work time: Drones can be moved from point to another in a short time.
Easy operation: Drones can be operated by two people with little time and workers can easily be trained to use.
Wide range: Drones can cover large areas in one flight, and can reach areas that are difficult or inaccessible to workers.
Improvex communication: Data from drones will be added to a single platform that workers can access simultaneously, avoiding miscommunication and speeding up decisions.

InspectionChevron Pacific Indonesia

Drone technology to mitigate damage from illegal tapping of oil and gas pipes.

Project Outline

Terra Inspectioneering provided non-entry visual testing, ultrasonic thickness testing, and deformation analysis services to Vopak using the proprietary collision-proof Terra UT drone. The drone inspection services were offered for tanks owned and operated by Vopak at 11 sites across Belgium and the Netherlands. Terra Inspectioneering conducted the inspections according to international standards EEMUA-159 and API-653, and provided Vopak with a fully digitized, cloud-based report containing 2D and 3D annotations.

Result

Patrick van der Voort, Division President Europe & Africa at Vopak says, “Eliminating risk for all workers is a key element underpinning each activity at Vopak. Vopak has been piloting the use of drones and robotics for safer inspections with an aim to completely eliminate confined space entry by personnel.”

InspectionChevron Pacific Indonesia

Strategic Partnership with NAV CANADA, the Canadian air navigation service provider.

Unifly, a one of Terra Drone's group companies, is a world leader in building UTM technology. Air navigation service providers in seven countries, including Belgium, Canada, Spain, and Germany, use Unifly's platform to manage drone traffic in their airspace in an optimal and sustainable manner. By fully automating drone traffic management and safely integrating manned and unmanned aviation systems, Unifly enables aviation authorities to cope with the rapid increase in air traffic.

Unifly aids in the deployment of a national system that provides digital services for safely operating and managing drones in Canadian airspace through the strategic partnership.
The Unifly platform connects Air Traffic Control supervisors with drone pilots to safely integrate drones into the airspace. Unifly provides a web and mobile application to drone pilots. The NAV drone app benefits the broader aviation system by increasing situational awareness for drone pilots and air traffic controllers, reducing the risk of accidental incursions by drone pilots.
Unifly’s platform makes it safer, easier and faster for qualified drone pilots to request authorizations to fly in controlled airspace. This year the system has processed more than 40K flight requests.

SurveyingJICA

LiDAR technology used to create high-resolution maps of disaster areas to aid recovery of basic amenities.

On 28 September, 2018, the island of Sulawesi was hit by a double disaster: a magnitude 7.5 earthquake which triggers a three-meter high tsunami. The tsunami wiped out water, power, sewerage and other amenities while the earthquake caused major soil liquefaction, leading to mudflows, which added to the difficult task of rebuilding.

Before recovery could begin, there was a need to confirm the current state of the land and topography, but the risk of aftershocks and blocked roads made field survey a risky process.

Using drone-mounted LiDAR technology, Terra Drones Indonesia safely and efficiently surveyed over 1,000 hectares of land. The collected data was used to create high-resolution maps of the areas, making it possible to confirm the ground condition, determine to topography, and identify areas most impacted by the disaster.

Our proprietary LiDAR technology has been used in disaster recovery, disaster prevention, and in forestry and civil engnineering surveying. We have participated in more than 2,000 surveying projects worldwide.