World Scan Project Inc (OTC: WDSP) is a Japan-based drone hardware company that designs and sells small unmanned aerial vehicles. Revenue is generated through product sales to customers, with Drone Net identified as the primary customer for SkyFight-X, the company's current lead product, as of the 10-K filed September 2, 2025 for fiscal year ended October 31, 2024. The company is headquartered at 2-18-23 Nishiwaseda, Shinjuku-Ku, Tokyo, Japan. WDSP does not conduct its own marketing activities beyond maintaining a company website; Drone Net handles all sales of SkyFight-X on the company's behalf. A second product, the Flylly, is an ultra-light consumer drone weighing approximately 38 grams with a 4K camera, controlled via a companion smartphone app called SKY Drone Go. The company also holds an equity investment in an unnamed entity (Company A) recorded at JPY 240 million (USD 1.6 million) as of October 31, 2024. The filing references plans related to digital currency mining rigs, indicating a multi-product aspiration that remains early-stage.
- Revenue model
- Transactional product sales of drone hardware, with Drone Net as the sole disclosed customer for the primary product SkyFight-X as of the fiscal year ended October 31, 2024. No marketing infrastructure exists beyond the company website; channel distribution is wholly dependent on Drone Net.
- Products and services
- SkyFight-X (primary drone product, marketed exclusively through Drone Net); Flylly (consumer mini-drone, approximately 38 grams, 4K adjustable camera, Wi-Fi smartphone control via SKY Drone Go app, programmable automated flight). The filing also references digital currency mining rigs as a stated expansion target.
- Customers and end markets
- Drone Net is the sole disclosed customer for SkyFight-X as of the 10-K filed September 2, 2025. No other customers or end markets are identified in the filing excerpts. Customer concentration is extreme, with 100% of primary product sales flowing through one channel partner.
- Value-chain role
- Hardware designer and manufacturer of drone products. Sales and marketing for the primary product are outsourced entirely to Drone Net. The company does not conduct independent marketing beyond a website.
- Geographic exposure
- Headquartered in Tokyo, Japan. No geographic revenue breakdown is disclosed in the filing excerpts.
Source: SEC 10-K, filed 2025-09-02
Industry:
Wholesale-Computers & Peripheral Equipment & Software