First-person view (radio control)

Skypersonic Delivers Drones, Rover, and Piloting Platform to NASA’s Simulated Mars Missions

Retrieved on: 
Wednesday, November 30, 2022

The exercise is designed to test the ability of astronauts on Mars to remotely explore the planet with drones and rovers.

Key Points: 
  • The exercise is designed to test the ability of astronauts on Mars to remotely explore the planet with drones and rovers.
  • Not only was the surface of the volcano like that of Mars, but there is no GPS signal on Mt.
  • This recent delivery is the latest milestone in our five-year contract with NASA to provide drone and rover hardware, software, and support to the Simulated Mars Missions.
  • We look forward to working closely with the Simulated Mars Missions crews in the coming years to develop and test the prototype of the first drones and rovers to be used by humans on Mars.

Red Cat Holdings Signs Agreement to Divest Consumer Business

Retrieved on: 
Monday, November 28, 2022

SAN JUAN, Puerto Rico, Nov. 28, 2022 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT)(“Red Cat” or the “Company”), a provider of highly sophisticated and complex small unmanned vehicles to militaries and businesses globally, announces today that it has entered into a Stock Purchase Agreement (the “SPA”) with Unusual Machines, Inc. (“Unusual Machines”) for the purchase and sale of its consumer division consisting of Rotor Riot and Fat Shark Holdings, the Company’s recreational and hobbyist drones and first-person-view goggles subsidiaries.

Key Points: 
  • The sale of Rotor Riot and Fat Shark Holdings will allow us to focus our efforts and capital on military and defense, commented Red Cat CEO Jeff Thompson.
  • Red Cat provides drone-based products, services, and solutions through its four subsidiaries and services the enterprise, military, and consumer markets.
  • 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.

Mary Beth Long, Former U.S. Assistant Secretary of Defense, Joins Red Cat Holdings Board of Directors

Retrieved on: 
Monday, November 14, 2022

She was also the first female chair of NATOs High Level Group, responsible for its nuclear policy and reporting directly to NATOs secretary general.

Key Points: 
  • She was also the first female chair of NATOs High Level Group, responsible for its nuclear policy and reporting directly to NATOs secretary general.
  • "Im thrilled to be joining Red Cat's board of directors, Long said.
  • Were fortunate to have Mary Beth become a member of our board of directors, said Red Cat Holdings CEO Jeff Thompson.
  • Red Cat provides drone-based products, services, and solutions through its four subsidiaries and services the enterprise, military, and consumer markets.

Partnership Between Teal Drones and Tomahawk Robotics Allows Teal’s 4-Ship Multi-Vehicle System to Simultaneously Control Air- and Ground-Based Vehicles

Retrieved on: 
Wednesday, October 26, 2022

SAN JUAN, Puerto Rico, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Teal Drones, the defense- and security-focused subsidiary of Red Cat Holdings, Inc. (Nasdaq: RCAT), announced today that it has significantly enhanced the capabilities of its 4-Ship multi-vehicle system through a partnership with Tomahawk Robotics, the leading innovator of common control solutions.

Key Points: 
  • In addition, the Tomahawk Robotics partnership allows one operator to hand off control of one or more drones, rovers or robots to another operator without shutting down the operation.
  • The agreement will adopt Tomahawk Robotics Kinesis ecosystem as the control solution for both the Teal Air Control (TAC) controller and any subsequent Tomahawk Robotics Grip and/or Mimic controllers used by Teal.
  • Tomahawk Robotics Kinesis provides Teals Golden Eagle with the following capabilities:
    Simultaneous command and control of disparate unmanned systems.
  • Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate.

U.S. Border Patrol Purchasing Over $1 Million in Drones from Red Cat Holdings

Retrieved on: 
Thursday, October 20, 2022

All drones covered by the BPA are on the exclusive Blue UAS list of drones approved for purchase by the Department of Defense.

Key Points: 
  • All drones covered by the BPA are on the exclusive Blue UAS list of drones approved for purchase by the Department of Defense.
  • Red Cat provides drone-based products, services, and solutions through its four subsidiaries and services the enterprise, military, and consumer markets.
  • 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.

Red Cat Holdings to Present at the ThinkEquity Investor Conference

Retrieved on: 
Wednesday, October 19, 2022

Interested parties can register to attend the conference here: https://www.meetmax.com/sched/event_84407/conference_register.html

Key Points: 
  • Interested parties can register to attend the conference here: https://www.meetmax.com/sched/event_84407/conference_register.html
    Red Cat provides drone-based products, services, and solutions through its four subsidiaries and services the enterprise, military, and consumer markets.
  • 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.
  • Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate.
  • 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.

Red Cat Holdings to Present at the LD Micro Main Event XV

Retrieved on: 
Tuesday, October 18, 2022

Red Cat provides drone-based products, services, and solutions through its four subsidiaries and services the enterprise, military, and consumer markets.

Key Points: 
  • Red Cat provides drone-based products, services, and solutions through its four subsidiaries and services the enterprise, military, and consumer markets.
  • 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.
  • Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate.
  • 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.

Red Cat Holdings Reports Record Quarterly Revenues for its First Quarter of Fiscal Year 2023 and Provides Corporate Update

Retrieved on: 
Monday, September 12, 2022

SAN JUAN, Puerto Rico, Sept. 12, 2022 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (Red Cat or Company), a hardware-enabled software provider to the drone industry, reports financial results for its first quarter of fiscal 2023 (three months ending 7/31/2022) and provides a business update.

Key Points: 
  • SAN JUAN, Puerto Rico, Sept. 12, 2022 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (Red Cat or Company), a hardware-enabled software provider to the drone industry, reports financial results for its first quarter of fiscal 2023 (three months ending 7/31/2022) and provides a business update.
  • We are encouraged by Teals strong pipeline, along with ramping sales of Fat Sharks new Dominator goggle, commented Red Cat CEO Jeff Thompson.
  • Our fiscal 2023 year is off to a resounding start, as record quarterly revenues almost equaled half of total revenues for fiscal 2022, stated Joseph Hernon, Chief Financial Officer.
  • Red Cat provides drone-based products, services, and solutions through its four subsidiaries and services the enterprise, military, and consumer markets.

Red Cat Holdings Subsidiary Skypersonic Demonstrates Remote-Piloted Drone at LoveITDetroit’s Aerospace Reception

Retrieved on: 
Thursday, September 8, 2022

DETROIT, Sept. 08, 2022 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (Red Cat or Company), a hardware-enabled software provider to the drone industry, reports that subsidiary company Skypersonic demonstrated its Skypcopter drone for a VIP audience at an aerospace reception hosted by the Consulate of Italy in Detroit on the evening of Sept. 7.

Key Points: 
  • DETROIT, Sept. 08, 2022 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (Red Cat or Company), a hardware-enabled software provider to the drone industry, reports that subsidiary company Skypersonic demonstrated its Skypcopter drone for a VIP audience at an aerospace reception hosted by the Consulate of Italy in Detroit on the evening of Sept. 7.
  • Following LoveITDetroits aerospace panel discussion, Skypersonics groundbreaking Skycopter drone was demonstrated for the by-invitation-only audience.
  • The Skycopter drone can be piloted virtually anywhere, from virtually anywhere, as the Skypersonic team recently demonstrated on Mt.
  • Red Cat provides drone-based products, services, and solutions through its four subsidiaries and services the enterprise, military, and consumer markets.

Red Cat Holdings to Report Fiscal First Quarter 2023 Financial Results on Monday, September 12, 2022 and Provide Corporate Update

Retrieved on: 
Wednesday, September 7, 2022

ET on Monday, September 12, 2022 to review financial results and provide an update on corporate developments.

Key Points: 
  • ET on Monday, September 12, 2022 to review financial results and provide an update on corporate developments.
  • All callers should dial in approximately 10 minutes prior to the scheduled start time and ask to be joined into the Red Cat Holdings, Inc. conference call.
  • Red Cat provides drone-based products, services, and solutions through its five subsidiaries and services the enterprise, military, and consumer markets.
  • 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.