Announcement of Capital and Business Alliance between Prodrone and KDDI

NAGOYA-Japan, April 2018 – PRODRONE Co., Ltd has announced that it has formed a business and capital alliance regarding additional investment with KDDI Corporation (headquarters: Chiyoda, Tokyo). Herewith, PRODRONE becomes a KDDI’s equity method affiliate.

For more information, visit at: http://news.kddi.com/kddi/corporate/newsrelease/2018/04/09/3070.html(Japanese Only)

About KDDI:

Company Name: KDDI Corporation
Business Overview: Telecommunications business
Date of Establishment: June 1, 1984
Address: 2-3-2, Nishishinjuku, Sinjuku-ku, Tokyo, Japan
Representative: Makoto Takahashi, President
Capital: 141,852 million yen (as of March 31, 2017)
Total Employees: 35,032 (consolidated base; as of March 31, 2017)

About PRODRONE:

Company Name: Prodrone Co., Ltd.
Business Overview: Industrial drone system R&D, manufacture, and consulting
Date of Establishment: January 15, 2015
Address: 16F Bantane Sakae Bldg. 2-4 Shinsakae-machi, Naka-ku, Nagoya-shi, Aichi, Japan
Representative: Masakazu Kono, CEO/ President/ Founder
Capital: 570 million yen (as of March 31, 2018)
Total Employees: 35 (as of March 31, 2018)

Press inquiries:

PRODRONE Co., Ltd.
Contact: Shusaku Takeshima, CFO
E-mail: press@prodrone.jp
Tel: +81 -52-950-1278