Red Cat Cottage

Red Cat, ESAero Announce Development Partnership

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Tuesday, September 12, 2023

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SAN JUAN, Puerto Rico, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a drone technology company integrating robotic hardware and software for military, government and commercial operations, today announces a development partnership with aerospace engineering firm ESAero .

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SAN JUAN, Puerto Rico, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a drone technology company integrating robotic hardware and software for military, government and commercial operations, today announces a development partnership with aerospace engineering firm ESAero .
ESAero will assist with fast-tracked, customer-specific projects, allowing Red Cat to remain focused on its core hardware and software offerings, including the Teal 2 sUAS.
“We’re proud to be working with ESAero,” said George Matus, founder and CEO of Red Cat subsidiary Teal Drones.
“Like Red Cat, we’re focused on innovation and elevating what’s possible in the field of manned and unmanned aircraft,” said Andrew Gibson, president and CEO of ESAero.

Red Cat Subsidiary Teal Drones Receives Contract Now Totaling $5.2M to Supply Teal 2 Drone to US Defense Logistics Agency

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Wednesday, August 23, 2023

Teal will deliver an additional 172 units of the Teal 2 drone plus spare parts and training.

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Teal will deliver an additional 172 units of the Teal 2 drone plus spare parts and training.
Previously, on Aug. 8, Red Cat announced an initial order from the DLA for 172 units, also totaling $2.6 million.
Both orders were requested by U.S. Air Force Security Forces , whose role is to defend Air Force bases and installations.
Red Cat will exhibit the Teal 2 at the Defence and Security Equipment International ( DSEI ) trade show in London from Sept. 12-15.

Red Cat’s Teal 2 sUAS Receives Remote ID Certification From FAA

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Tuesday, August 22, 2023

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Remote ID allows UAS in flight to provide identification and location information that other parties can receive via a broadcast signal.

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Remote ID allows UAS in flight to provide identification and location information that other parties can receive via a broadcast signal.
The FAA will require all UAS operating in the U.S. national airspace system to be equipped with Remote ID as of Sept. 16.
Red Cat’s integrated Remote ID system goes above and beyond the technology being used in competing drones.
Red Cat is also creating a pathway for owners of previously manufactured Teal 2s to have Remote ID modules installed on their units to comply with FAA regulations.

Red Cat’s Teal 2 sUAS Now Available for Purchase Through US Government’s GSA Advantage

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Thursday, July 20, 2023

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GSA Advantage is an online shopping and ordering service created within the General Services Administration for use by government agencies to buy commercial products and services.

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GSA Advantage is an online shopping and ordering service created within the General Services Administration for use by government agencies to buy commercial products and services.
Red Cat’s other technology partners for the Teal 2 include Athena AI, Reveal Technology and Tomahawk Robotics.
The Teal 2 is manufactured at Red Cat’s purpose-built factory in Salt Lake City, Utah.
Red Cat will exhibit the Teal 2 at the Elevate UAV Summit in Miami from July 26-27.

Red Cat Receives DoD “Blue UAS” Approval for New Teal 2 sUAS to be Added to Cleared List

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Wednesday, June 21, 2023

The Blue UAS Cleared List is a select group of DoD-approved drones for government users.

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The Blue UAS Cleared List is a select group of DoD-approved drones for government users.
According to the DoD, these drones “are NDAA compliant, validated as cyber-secure and safe to fly, and are available for government purchase and operation.”
The Teal 2 is the second sUAS from Red Cat subsidiary Teal Drones to have passed the rigorous testing required for Blue UAS clearance.
Teal’s legacy sUAS, the Golden Eagle, is also on the cleared list, which currently includes fewer than 20 drones in total.
“Blue UAS clearance is a high bar to reach for any sUAS because of the extensive vetting process,” said Teal Founder and CEO George Matus.

Red Cat and Athena AI announce breakthrough artificial intelligence and computer-vision capabilities for Teal 2 military-grade drone

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Tuesday, June 20, 2023

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Athena was first announced as a partner for Red Cat’s Teal 2 military-grade drone in March.

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Athena was first announced as a partner for Red Cat’s Teal 2 military-grade drone in March.
Now, by processing video that the Teal 2’s thermal-imaging sensor recorded during a nighttime test flight, Athena’s technology has successfully performed target recognition and battle tracking.
This capability allows commanders fast decision-making on the battlefield with artificial intelligence assistance.
“Nighttime computer-vision capability is a Teal 2 add-on we support for users who need high-value data at night,” said George Matus, founder and CEO of Red Cat subsidiary Teal Drones .

Military Drone Market Expected To Expand Through 2028 on Heels of Technological Advancements

Retrieved on:

Thursday, March 16, 2023

North America has held a significant share in the military drone market, led by countries such as the United States, which have large defense budgets as sizable military budgets support the incorporation of cutting-edge technological advancements.

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North America has held a significant share in the military drone market, led by countries such as the United States, which have large defense budgets as sizable military budgets support the incorporation of cutting-edge technological advancements.
Additionally, the market will likely expand further due to favorable rules by governments in the region and the increase in production of military drones internationally and domestically.
A report from Expert Market Research said that: "Asia Pacific is projected to experience significant expansion and a fast CAGR in the military drone market over the forecast period.
In the event of complete failure, military drones with fixed wings can still fly and land safely.

Military Drone Market Expected To Expand Through 2028 on Heels of Technological Advancements

Retrieved on:

Thursday, March 16, 2023

North America has held a significant share in the military drone market, led by countries such as the United States, which have large defense budgets as sizable military budgets support the incorporation of cutting-edge technological advancements.

Key Points:

North America has held a significant share in the military drone market, led by countries such as the United States, which have large defense budgets as sizable military budgets support the incorporation of cutting-edge technological advancements.
Additionally, the market will likely expand further due to favorable rules by governments in the region and the increase in production of military drones internationally and domestically.
A report from Expert Market Research said that: "Asia Pacific is projected to experience significant expansion and a fast CAGR in the military drone market over the forecast period.
In the event of complete failure, military drones with fixed wings can still fly and land safely.

Red Cat Holdings to Release Fiscal Year End Financial Results on Thursday, August 12, 2021

Retrieved on:

Tuesday, August 10, 2021

HUMACAO, Puerto Rico, Aug. 10, 2021 /PRNewswire/ --Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a hardware enabled software provider to the drone industry, announced that it will report fiscal year end financial results on Thursday, August 12, 2021 at 4 p.m. Eastern Time.

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HUMACAO, Puerto Rico, Aug. 10, 2021 /PRNewswire/ --Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a hardware enabled software provider to the drone industry, announced that it will report fiscal year end financial results on Thursday, August 12, 2021 at 4 p.m. Eastern Time.
Red Cat provides products, services and solutions to the drone industry through its four wholly owned subsidiaries.
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.