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Terra Drone Corporation buys major stake in Australian industry innovator, C4D Intel Pty Ltd.

By [email protected] - 7th January 2019 - 12:24

Terra Drone Corporation (Terra Drone) is poised to strengthen and expand its global reach and services after announcing a significant equity investment in Australian firm, C4D Intel Pty Ltd. 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. Analysts predict that that market for data acquisition using airborne vehicles (unmanned and manned) and satellite and terrestrial sensors is set to grow ten-fold over the next decade. C4D Intel’s experience in mining, oil and gas and infrastructure expands Terra Drone’s access to a range of high profile clients helping it to take advantage of this tremendous market growth opportunity. C4D Intel Managing Director Alistair Scott-Farris said, “This investment presents an opportunity for us to leverage Terra Drone’s expansive international network, technology and experience to propel our growth both within Australia and internationally”.