Drone racing

Global Racing Drone Market Opportunity and Demand Analysis Market Forecast 2028: RTF Segment to Hold Highest Market Share - ResearchAndMarkets.com

Retrieved on:

Friday, March 11, 2022

The Global Racing Drone Market is anticipated to grow with a value CAGR of 20.55% over 2019-2028.

Key Points:

The Global Racing Drone Market is anticipated to grow with a value CAGR of 20.55% over 2019-2028.
The increase in the expenditure in research and development of flying technologies has driven the market.
The surge in drone racing events is the primary reason boosting the growth of the market.
However, the ARF segment is expected to rise as the fastest-growing segment, due to the increasing number of racing events.

The United States Air Force and Drone Racing League Expand Partnership As Global Drone Space Skyrockets

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Wednesday, July 7, 2021

Unmanned aerial vehicles, Technology, Air racing, Drone racing, Drone Racing League, Emerging technologies, Science and technology, United States Air Force, DRL, Unmanned aerial vehicle, Articles

WASHINGTON and NEW YORK, July 7, 2021 /PRNewswire/ -- The United States Air Force and the Drone Racing League, the global, professional drone racing property, today announced a renewal and expansion of their partnership ahead of the 2021-22 DRL Allianz World Championship Season.

Key Points:

WASHINGTON and NEW YORK, July 7, 2021 /PRNewswire/ -- The United States Air Force and the Drone Racing League, the global, professional drone racing property, today announced a renewal and expansion of their partnership ahead of the 2021-22 DRL Allianz World Championship Season.
"The U.S. Air Force is the world's greatest air power, and we need the best and brightest Airmen on our team to fly, fight and win.
"The Drone Racing League reaches a coveted audience of Gen Z, tech-savvy sports fans who love discovering new career opportunities in technology, innovation and aviation.
Additionally, our total force partners, the Air Force Reserve and Air National Guard are collectively hiring more than 19,000 part-time Airmen.

SPIRE IA Remains Top Choice in the Industry for Event Hosting

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Monday, May 10, 2021

Graphing calculators, TI-Nspire series, eSports, Drone racing

"In addition, SPIRE\'s boarding Academy remained open and we offered a full range of camps throughout the summer months as well.

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"In addition, SPIRE\'s boarding Academy remained open and we offered a full range of camps throughout the summer months as well.
"\nSPIRE hosts far more than competitive events, however, with venues available for corporate retreats, weddings and more.
To learn more about hosting an event with SPIRE, contact an events coordinator at [email protected] .\nSPIRE Institute & Academy is a comprehensive academic, athletic, personal skills and career development experience located within a world class event and wellness complex.
Sports currently featured on campus include swimming, track and field, basketball, esports, drone racing, volleyball and soccer.\nMonica Kolbay, SPIRE IA (Institute & Academy), 240-285-9844, [email protected]\n'

Red Cat Holdings Signs Letter of Intent To Acquire LuGus Studios

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Wednesday, May 5, 2021

Air racing, Drone racing, Deities, Articles, Technology, Forward-looking statement, Unmanned aerial vehicle, Lugus, Draft:International University Drone Racing Organisation

b'HUMACAO, Puerto Rico, May 5, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (NASDAQ: RCAT) ("Red Cat" or the "Company"), a hardware enabled, software provider to the drone industry, announced the signing of a letter of intent to acquire LuGus Studios, the developer of Liftoff, a flight simulation platform for drone pilot training.

Key Points:

b'HUMACAO, Puerto Rico, May 5, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (NASDAQ: RCAT) ("Red Cat" or the "Company"), a hardware enabled, software provider to the drone industry, announced the signing of a letter of intent to acquire LuGus Studios, the developer of Liftoff, a flight simulation platform for drone pilot training.
Since 2015 LuGus Studios has been developing Liftoff: FPV Drone Racing, a market leading drone simulator that has also seen a console release.
Forward-looking statements are based on Red Cat Holdings, Inc.\'s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict.
Forward-looking statements contained in this announcement are made as of this date, and Red Cat Holdings, Inc. undertakes no duty to update such information except as required under applicable law.\n'

Red Cat to Host Investor Update Call on January 25 at 4:15 pm ET

Retrieved on:

Thursday, January 21, 2021

Air racing, Unmanned aerial vehicles, Software, Fat Shark, Business models, Software as a service, First-person view, Technology, Drone racing

Red Cat provides products, services and solutions to the drone industry through its three wholly owned subsidiaries.

Key Points:

Red Cat provides products, services and solutions to the drone industry through its three wholly owned subsidiaries.
Fat Shark Holdings is the leading provider of First Person View (FPV) video goggles to the drone industry.
Red Cat Propware is developing a Software-as-a-Solution ("SaaS") platform to provide drone flight data analytics and storage, as well as diagnostic products and services.
The parties do not undertake any obligation to update forward-looking statements contained in this press release.

The Drone Racing League and DraftKings Take Flight with Official Sports Betting Agreement Ahead of Season Finale Races

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Friday, January 8, 2021

Unmanned aerial vehicles, Air racing, Drone Racing League, Motorsport, Technology, Drone racing, Science and technology, DRL, Unmanned aerial vehicle, Electrical engineering, Drone, First-person view

Upon completion of this deal, DRL drone races became the first aerial sporting event upon which fans can wager.

Key Points:

Upon completion of this deal, DRL drone races became the first aerial sporting event upon which fans can wager.
Mobile sports betting on DRL drone races is currently legal in Colorado, New Hampshire, New Jersey, Tennessee and West Virginia with regulatory approvals pending in additional states.
DRL's final drone races of the 2020 DRL Allianz World Championship Season will kick off this Saturday, January 9th at 4:30pm ET on NBC, Twitter and Facebook.
The Drone Racing League is the global, professional drone racing property for elite FPV (First Person View) pilots.

New Digital Drone Goggles Fuel Record Growth for Red Cat Holdings

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Monday, December 28, 2020

Air racing, Unmanned aerial vehicles, Fat Shark, Technology, Sports, Equipment, First-person view, Unmanned aerial vehicle, Goggles, Drone, Drone racing

ORLANDO, Fla., Dec. 28, 2020 /PRNewswire/ --Red Cat Holdings, Inc. (OTC: RCAT) ("Red Cat" or the "Company"), a leading brand in the drone industry, announced that its wholly owned subsidiary, Fat Shark, the market leader in FPV (first person view) goggles, had received strong order growth in anticipation of the launch of its digital goggles.

Key Points:

ORLANDO, Fla., Dec. 28, 2020 /PRNewswire/ --Red Cat Holdings, Inc. (OTC: RCAT) ("Red Cat" or the "Company"), a leading brand in the drone industry, announced that its wholly owned subsidiary, Fat Shark, the market leader in FPV (first person view) goggles, had received strong order growth in anticipation of the launch of its digital goggles.
"Greg and his team continue to leverage their fully-integrated supply chain, experienced international manufacturing and sourcing capabilities, as well as design and development resources, to bring innovation to the drone industry" noted Jeff Thompson, CEO of Red Cat Holdings.
The Company designs, develops, markets, and sells drone products through its three wholly owned subsidiaries, Fat Shark, Red Cat Propware and Rotor Riot.
Fat Shark makes First Person View (FPV) video goggles for the drone industry and has the largest market share for drone video goggles.

T-Mobile and The Drone Racing League Announce Multi-Year Partnership to Innovate 5G Wireless Drone Technology and Reimagine Sports Entertainment

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Monday, December 14, 2020

T-Mobile (NASDAQ: TMUS) and The Drone Racing League (DRL), the global, professional drone racing property, announced a broad-reaching partnership to advance 5G-powered drone technology.

Key Points:

T-Mobile (NASDAQ: TMUS) and The Drone Racing League (DRL), the global, professional drone racing property, announced a broad-reaching partnership to advance 5G-powered drone technology.
Together, T-Mobile and DRL will innovate 5G racing drone technology to create the first integrated 5G racing drones, with the aim of authentically building them into the sport.
DRL will develop first-of-its-kind, custom racing drones powered by T-Mobile 5G during the 2021 DRL Allianz World Championship Season.
The Drone Racing League (DRL) is the global, professional drone racing property for elite FPV (First Person View) pilots.

Drone Racing League Partners with BODYARMOR, Champion Athleticwear and RESPAWN as 2020 LIVE Racing Season Begins

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Friday, November 20, 2020

Unmanned aerial vehicles, Air racing, Drone Racing League, Motorsport, Drone racing, Technology, Articles, Science and technology, DRL, Emerging technologies, Allianz, Drone

NEW YORK, Nov. 20, 2020 /PRNewswire/ --The Drone Racing League (DRL), the global, professional drone racing property, today announced new first-time partnerships with premium sports drinkBODYARMOR,innovative apparel brand Champion Athleticwear and gaming furniture brand RESPAWN.

Key Points:

NEW YORK, Nov. 20, 2020 /PRNewswire/ --The Drone Racing League (DRL), the global, professional drone racing property, today announced new first-time partnerships with premium sports drinkBODYARMOR,innovative apparel brand Champion Athleticwear and gaming furniture brand RESPAWN.
We are scaling professional drone racing together with bold, forward-thinking partners that embrace the new playing field of sports."
Throughout the 2020 Season, DRL pilots will compete for the Allianz World Champion title from sleek, ergonomic RESPAWN gaming chairs.
The Drone Racing League (DRL) is the global, professional drone racing property for elite FPV (First Person View) pilots.

Statement by Minister Garneau on inaugural National Drone Safety Awareness Day

Retrieved on:

Friday, November 13, 2020

Emerging technologies, Avionics, Embedded systems, Robotics, Technology, Unmanned aerial vehicles, Science and technology, Unmanned aerial vehicle, Articles, Drone, Drone journalism, Drone racing

They are quickly becoming part of an important economic sector in Canada, with significant potential to improve the lives of Canadians across the country.

Key Points:

They are quickly becoming part of an important economic sector in Canada, with significant potential to improve the lives of Canadians across the country.
"I am proud to recognize Canada's first annual National Drone Safety Awareness Day (Drone Safety Day).
This day recognizes the exciting and innovative world of drones and the important role all drone pilots play in flying safely and keeping drones at a safe distance from people and other aircraft.
Our drone regulations balance practicality and the safe use of drones, which can create new opportunities for Canadians, and allow recreational and non-recreational drone pilots to safely access Canadian airspace.