Terra Drone to Consolidate Ukrainian Counter-Drone Company Amazing Drones LLC

Terra Drone Corporation (Headquarters: Shibuya-ku, Tokyo; CEO: Toru Tokushige; hereinafter "Terra Drone") announces that, effective April 28, 2026, it will consolidate Amazing Drones LLC, a Ukrainian company (hereinafter "Amazing Drones") previously invested in by its subsidiary Terra Inspectioneering, as a consolidated subsidiary. This follows a strategic investment announced on March 23, 2026.

With this move, Terra Drone will integrate Amazing Drones into its corporate group, leveraging the company’s locally developed R&D capabilities and business infrastructure to accelerate and enhance the global expansion of its defense operations.

Additionally, on the same date, Terra Drone also announced the consolidation of Winny Lab, another Ukrainian counter-drone company that develops the long-range, fixed-type interception drone "Terra A2," as part of its strategy to build a "multi-layered defense" solution capable of addressing diverse aerial threats.

Reference Release: https://terra-drone.net/27329

Background

Since announcing its entry into the defense equipment market in March 2026, Terra Drone has been building its defense business foundation by leveraging its expertise in drone technology and flight operation management.

Amazing Drones is a Ukrainian company that has independently developed and tested interception drones designed to counter long-range UAVs such as the Shahed. The company focuses on product development that emphasizes responsiveness and cost-efficiency, tailored to the demanding operational conditions in Ukraine.

As part of its defense business strategy, Terra Drone entered into a capital and business alliance agreement with Amazing Drones, making a strategic investment and collaborating on the practicality and market viability assessment of "Terra A1," as well as discussions on future business deployment. In April 2026, the companies successfully intercepted a Shahed-class drone using "Terra A1," and are continuing to verify its effectiveness in real-world operational environments.

Terra Drone has determined that, in the counter-drone defense sector, rapid product improvement cycles aligned with local operational conditions and strong global market deployment capabilities are critical to future competitiveness. To strengthen its partnership beyond mere capital participation, Terra Drone has decided to consolidate Amazing Drones as a subsidiary and advance its defense business as a unified group.

Features of "Terra A1"

"Terra A1" is an interception drone gaining attention as a new defense solution to replace expensive anti-aircraft missiles, offering advantages in low cost, mass producibility, and rapid response. It can cover a range of 32 km at speeds up to 300 km/h, exceeding the typical 200 km/h speed of Shahed drones. Utilizing electric propulsion for high stealth (low noise and low thermal signature), it achieves a 15-minute flight time, enabling a single unit to complete the entire mission—from airspace surveillance to target detection and neutralization.

Subsidiary Consolidation Details

Terra Drone has transferred the equity stake in Amazing Drones previously held by Terra Inspectioneering to Terra Defense Europe, its Estonian subsidiary and European hub, as announced today. As a result, the Estonian subsidiary now holds 50% of Amazing Drones, becoming its largest shareholder.

Furthermore, Terra Drone will appoint a majority of the board members from its group to Amazing Drones, thereby establishing de facto control and consolidating the company under accounting standards.

Reference Release: https://terra-drone.net/27319

This consolidation aims to strengthen the foundation of Terra Drone’s defense business and accelerate its global expansion. Going forward, the group will enhance its collaborative structure, combining Terra Drone’s global network with Amazing Drones’ local R&D and business infrastructure to create long-term growth opportunities in the defense sector.

Additionally, this consolidation will accelerate the enhancement of Terra Drone’s defense product portfolio. The company will integrate the short-range interception drone "Terra A1" with the long-range fixed-wing platform "Terra A2" to advance the early realization of its "multi-layered defense" solution, designed to counter diverse aerial threats.

Overview of Initiatives

Through this consolidation, Terra Drone will strengthen the business foundation of "Terra A1" and expand its product portfolio and proposal capabilities in the defense sector.

Integration of Amazing Drones into the Group

With this consolidation, Amazing Drones will become a core member of the Terra Drone Group, enabling more agile decision-making, business development, and preparation of global expansion frameworks in the defense sector.

Support for Local Product Improvement and Business Deployment

In the counter-drone defense field, rapid product improvement cycles tailored to local operational environments are a key factor in product competitiveness. Terra Drone will support Amazing Drones’ ongoing local product improvement efforts by leveraging its global group network, thereby enhancing the competitiveness of its defense operations using "Terra A1."

Future Outlook

Terra Drone aims to contribute to solving security challenges worldwide by combining "Terra A1," designed for short-range defense, with the long-range fixed-wing platform "Terra A2," forming a "multi-layered defense" solution. The company will promote market entry into regions including Europe, the United States, and the Middle East, taking into account local regulations and market conditions.

Moving forward, Terra Drone will continue to leverage its expertise in drone development and operations, flight management systems, and global business deployment to create new opportunities in the defense sector and achieve long-term corporate value enhancement.

Policy on Defense Business Development

Terra Drone has publicly disclosed its policies regarding defense business development. For details, please refer to the following link:

Reference: https://terra-drone.net/26065

Outlook (Impact on Financial Performance)

While this transaction is expected to contribute to long-term corporate value enhancement, its impact on the consolidated financial results for the fiscal year ending January 2027 is expected to be minimal at this stage. The company will promptly disclose any material developments in the future.

Inquiries Regarding This Business

Business Website: https://terra-defense.com/ Contact Form: https://terra-defense.com/ja/contact-ja/ Terra Drone Corporation, Defense Division, UAV Department, Contact: Morita Email: defense@terra-drone.co.jp TEL: 080-4329-7881

About Amazing Drones LLC

Based in Kharkiv, Ukraine, Amazing Drones is a defense technology startup specializing in the development of counter-drone systems under extreme operational conditions.