Notice Regarding the Completion of a Financing Arrangement with the Development Bank of Japan

Prodrone Co., Ltd. (Headquarters: Nagoya City, Aichi Prefecture; President and CEO: Shunsuke Toya; hereinafter “Prodrone”) has completed a third-party allotment of new shares underwritten by the Development Bank of Japan, Inc. (Headquarters: Chiyoda Ward, Tokyo; President and CEO: Hirofumi Maki; hereinafter “DBJ”).

Guided by its vision to “become the most trusted drone company in the region,” Prodrone has been providing one-stop services ranging from the development to the production of dual-use drones, with the goal of building a drone ecosystem in the Chubu region. With this funding from DBJ, Prodrone will accelerate the further advancement of its core drone technology and the establishment of a mass production system for drones in Japan by leveraging the Chubu region’s ecosystem, thereby contributing to the resilience and competitiveness of the domestic drone supply chain.

[About Prodrone Co., Ltd.]

With the vision of “becoming the most trusted drone company in the region,” we aim to build a drone ecosystem in the Chubu region. We provide one-stop services ranging from development to production of industrial drones, including the “PD6B-Type3” multicopter—which has a maximum recommended payload of 20 kg and is already in mass production—and the “Prodrone GT-M,” capable of long-distance flight (tested up to 100 km).