ORIX Rentec Adds Two New Models of Industrial Drones to Its Drone Rental Service

TOKYO, Japan - December 2, 2022 - ORIX Rentec Corporation (“ORIX Rentec”) announced today the addition of two new industrial drones to its rental service: Skydio 2+ by a US-based company Skydio, Inc. and SOTEN by a Japanese company ACSL Ltd. With the addition of these two models, ORIX Rentec’s rental service lineup now includes a total of seven models from four manufacturers.

ORIX Rentec launched its drone rentals and other services in 2017, and has been catering to a wide variety of needs. The company will continue to provide customers with opportunities to use the latest technologies to solve various challenges faced by businesses.

*1 A technology that uses visual data obtained from cameras to determine the position and orientation of the drone and the location of objects in the vicinity in three dimensions.
*2 “Commercialization achieved as a result of efforts to develop fundamental technologies for safe and secure drones” (NEDO; in Japanese)
*3 A standard established as a product security evaluation criteria
*4 “ACSL’s secure Japanese produced drone SOTEN has been added to the list of unmanned aerial vehicles eligible to partially omit application documents by the Ministry of Land, Infrastructure, Transport and Tourism” (ACSL Inc.; in Japanese)

Contact Information:
Investor Relations and Sustainability Department
ORIX Corporation
Tel: +81-3-3435-3121

About ORIX:
ORIX Corporation (TSE: 8591; NYSE: IX) is a financial services group which provides innovative products and services to its customers by constantly pursuing new businesses.
Established in 1964, from its start in the leasing business, ORIX has advanced into neighboring fields and at present has expanded into lending, investment, life insurance, banking, asset management, automobile related, real estate and environment and energy related businesses. Since entering Hong Kong in 1971, ORIX has spread its businesses globally by establishing locations in 28 countries and regions across the world.
Going forward, ORIX intends to utilize its strengths and expertise, which generate new value, to establish an independent ORIX business model that continues to evolve perpetually. In this way, ORIX will engage in business activities that instill vitality in its companies and workforce, and thereby contribute to society. For more details, please visit our website: https://www.orix.co.jp/grp/en/
(As of September 30, 2022)

Caution Concerning Forward Looking Statements:
These documents may contain forward-looking statements about expected future events and financial results that involve risks and uncertainties. Such statements are based on our current expectations and are subject to uncertainties and risks that could cause actual results that differ materially from those described in the forward-looking statements. Factors that could cause such a difference include, but are not limited to, those described under “Risk Factors” in the Company’s annual report on Form 20-F filed with the United States Securities and Exchange Commission and under “(4) Risk Factors” of the “1. Summary of Consolidated Financial Results” of the “Consolidated Financial Results April 1, 2021 – March 31, 2022” furnished on Form 6-K.