# Terra Drone acquires significant stake in Swedish mining drone startup Inkonova

Japan's Terra Drone acquired a significant stake in Inkonova AB, a Swedish aerial robotics company focused on underground mining, with a cash injection and collaboration on technology and business development.

- Type: Acquisition
- Announced: 2018-10-11
- Where: Sweden
- Status: completed
- Products: UAV core technology, anti-dust and waterproof platforms, infrastructure-denied autonomous navigation
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Terra Drone](https://endata.com/companies/34844.md) (acquirer)
- [Inkonova](https://endata.com/companies/34845.md) (target)

## Sources

- [suasnews.com](https://www.suasnews.com/2018/10/japan-based-terra-drone-acquires-significant-stake-in-inkonova/), 2018-10-11: "We feel reinforced, a sort of graduation."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.