Terra Drone has signed an investment agreement with Unmanned Aerial Services Incorporated (UAS Inc.), an Ontario, Canada-based inspection service provider.
It specialises in indoor industrial confined spaces and underground mine locations.
As part of the agreement, Terra Drone will form a new subsidiary in Canada, Terra Drone Mining, to provide unmanned mapping and inspection services to underground mines across the world.
UAS Inc. said the fresh infusion of investment by Terra Drone will allow the newly-formed Terra Drone Mining to expand its business beyond North America, and cater to areas of thriving underground mining operations such as South/Central America, South Africa, Central Asia, Russia, and Australia.
It is planned that Terra Drone Mining will be able to leverage both advanced UAV technology as well as the underground mining inspection know-how that UAS Inc. has cultivated over time to create a robust local service network.