HUMACAO, Puerto Rico, March 14, 2022 — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a hardware-enabled software provider to the drone industry, announces that its subsidiary…
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Red Cat Holdings Selected by U.S. Army for Short Range Reconnaissance Tranche 2 Drone Program
HUMACAO, Puerto Rico, March 14, 2022 — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a hardware-enabled software provider to the drone industry, announces that its subsidiary Teal Drones (Teal) has been selected by the Department of Defense’s (DoD) Defense Innovation Unit (DIU) and U.S. Army to compete in the Short Range Reconnaissance Tranche 2 (SRR T2) Program of Record.
Red Cat Holdings Closes Acquisition of Teal Drones
Expansion into military sector represents compelling growth opportunity
HUMACAO, Puerto Rico, Sept. 1, 2021 /PRNewswire/ — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a hardware-enabled software provider to the drone industry, announces the closing of its acquisition of Teal Drones (“Teal”), a leader in commercial and government unmanned aerial vehicle (“UAV”) technology. Teal manufactures the Golden Eagle, one of only five drones approved by the U.S. Department of Defense for reconnaissance, public safety, and inspection applications.
Red Cat Holdings to Acquire Teal Drones
Joint group now positioned for enterprise and military scale
HUMACAO, Puerto Rico, July 13, 2021 /PRNewswire/ — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a technology provider to the drone industry, announced today that it has signed a definitive agreement to acquire Teal Drones, a leader in commercial and government unmanned aerial vehicle technology. The all-stock transaction will add Teal Drones to Red Cat’s portfolio and strengthen the group’s spectrum of offerings across North America.
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Joint group now positioned for enterprise and military scale HUMACAO, Puerto Rico, July 13, 2021 /PRNewswire/ — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a technology…
We are thrilled to announce that our Golden Eagle has been approved as one of only five drones exclusively chosen by the DoD’s Defense Innovation Unit in an effort to…
Teal today announced the public launch and immediate availability of Golden Eagle, a new US-made commercial drone system that provides aerial surveillance and awareness through scalable, secure, and rugged technology….
Military.com
After Initial Ban, Pentagon Approves 5 Small Commercial Drones for Troops—The Pentagon has given the green light for military units to purchase small drones from five companies following a monthslong review aimed at ending the military's reliance on emerging tech made in China. Earlier this month, the Defense Department's Defense Innovation Unit (DIU) approved small unmanned aircraft systems (sUAS) made by Altavian, Parrot, Skydio, Teal, and Vantage Robotics for use in the field, according to a release. The drones fall under DIU's "Blue sUAS" program, officials said ...
https://www.military.com/daily-news/2020/08/27/after-initial-ban-pentagon-approves-5-small-commercial-drones-troops.html Army Technology
US DoD to Leverage AI to Improve Disaster Relief Efforts—The US Department of Defence (DoD) has unveiled plans to utilise artificial intelligence (AI) to improve disaster and humanitarian relief efforts. As part of the move, the DoD is partnering with other agencies to develop AI-based algorithms to provide real-time data to first responders and expedite the decision-making process. Microsoft and the Energy Department are part of this initiative. DoD chief technology officer Michael J Kratsios said that five consortiums were launched to develop the necessary technology that will help in mitigating the impact of natural disasters and save lives ...
https://www.army-technology.com/news/us-dod-disaster-relief-efforts/ Learn more about what’s possible with Golden Eagle.
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