Red Cat Holdings, Inc.

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May 8, 2024

Red Cat Launches Consortium to Bridge Critical UAS Technology Gaps for Warfighters

Red Cat Holdings, Inc. announced the formation of the Red Cat Futures Initiative (RFI). RFI is an independent, industry-wide consortium of robotics and autonomous systems partners dedicated to putting the most advanced and interoperable uncrewed aircraft systems into the hands of warfighters.

Red Cat Holdings, Inc.  announced it has successfully passed electronic warfare testing in Ukraine with Doodle Labs. The successful test is part of a continuous innovation cycle that began in May 2023 with a partnership between Doodle Labs and Red Cat for its U.S. Army Short Range Reconnaissance program prototype.

Red Cat Holdings announced that subsidiary Teal Drones has signed $1.8 million in contracts with U.S. Customs and Border Protection to provide Teal 2 systems to U.S. Border Patrol.

Red Cat Holdings, Inc. announced that subsidiary Teal Drones has secured an additional $1.2 million to continue developing a new sUAS prototype for the U.S. Army’s Short Range Reconnaissance program.

Red Cat Holdings, Inc. announced that its new military-grade sUAS, the Teal 2, has received clearance from the U.S. Department of Defense to be designated as a Blue UAS.

Red Cat Holdings, Inc. has made a materially significant financial investment in Firestorm, an American company developing the first completely Modular Unmanned Aerial System that is 3D printed and payload agnostic.

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