Delta Drone International completes acquisition of Arvista achieving key expansion milestone

● Arvista acquisition complete and to commence trading as a Delta Drone International subsidiary as of 1 September 2021

● Acquisition is a key milestone in DLT’s Australian expansion strategy

● Initial growth opportunities and company synergies identified to drive Delta Drone
International into next stage of Australian growth

1 September 2021 – Drones-as-a-service provider Delta Drone International (“DLT”, or “the Group”) is pleased to confirm it has formally completed the acquisition of 60% of the shares in Perth-based provider of aerial and terrestrial surveying services, Arvista Pty Ltd (Arvista) as announced on 16 August 2021 (the Acquisition), with Arvista to commence trading as a DLT subsidiary on 1 September 2021.

The merger is a key milestone in DLT’s growth strategy and immediately provides the Group with a blue-chip Australian client base and access to a team of highly skilled professionals with the expertise to expand their skillset beyond surveying to include the full range of drone-as-a-service operations Delta Drone International provides.

Commenting on the acquisition, Delta Drone CEO Christopher Clark said:

“We are pleased to have completed the acquisition of Arvista, a high-quality and complementary addition to the Delta Drone International Group. The transaction will significantly expand our reach and penetration throughout the Australian market, specifically in the enterprise mining and agriculture sectors. We look forward to welcoming our new team members, servicing our new customers, and becoming the leading drones-as-a-service provider in Australia.”