SAN JUAN, Puerto Rico, Sept. 12, 2023 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a drone expertise firm integrating robotic {hardware} and software program for navy, authorities and business operations, as we speak declares a improvement partnership with aerospace engineering agency ESAero.
ESAero will help with fast-tracked, customer-specific initiatives, permitting Red Cat to stay centered on its core {hardware} and software program choices, together with the Teal 2 sUAS.
“We’re proud to be working with ESAero,” stated George Matus, founder and CEO of Red Cat subsidiary Teal Drones. “We’ve been impressed by their engineering talent set and understanding of market necessities. Having them lead essential ad-hoc initiatives advantages our prospects by quickly giving them what they want and benefitting Teal by permitting us to give attention to manufacturing ramping and core R&D.”
In addition to ESAero’s competencies in design and manufacturing, the corporate’s Designated Secured Facility — a authorities–accredited website the place secured info might be saved, mentioned or electronically processed — permits ESAero to work on delicate initiatives in collaboration with Red Cat, together with payloads designed for future use instances.
“Like Red Cat, we’re focused on innovation and elevating what’s possible in the field of manned and unmanned aircraft,” stated Andrew Gibson, president and CEO of ESAero. “We’re looking forward to further developing our partnership with Red Cat through future projects.”
The first product of the businesses’ partnership is an ESAero-designed multi-battery charger, which will likely be provided as an adjunct to the Teal 2 sUAS. This multi-battery charger makes it potential to cost backup batteries whereas the plane is in operation to assist persistent ISR missions. Because the Teal 2 drone and its floor management station use the identical battery pack, the multi-battery charger supplies an all-in-one resolution. In growing the charger, ESAero leveraged the corporate’s deep expertise in electrical plane expertise and batteries to develop sturdy and environment friendly expertise for the Teal 2 sUAS.
Approved by the U.S. Department of Defense as Blue UAS and available to buy by the federal authorities’s GSA Advantage web site, the Teal 2 is designed to Dominate the Night™. As the primary sUAS to be geared up with Teledyne FLIR’s new Hadron 640R sensor, the Teal 2 gives finish customers the highest-resolution thermal imaging in a small kind issue.
Additionally, the Teal 2 options the latest intelligence, surveillance and reconnaissance expertise, delivering time-critical info and enabling operators to make sooner, smarter selections. The system gives multi-vehicle management and synthetic intelligence capabilities.
Red Cat will exhibit the Teal 2 on the Defence and Security Equipment International (DSAI) commerce present in London from Sept. 12-15.
To view a spec sheet for the Teal 2, click on right here.
To watch a brief video concerning the Teal 2, click on right here.
About Red Cat Holdings, Inc.
Red Cat (Nasdaq: RCAT) is a drone expertise firm integrating robotic {hardware} and software program for navy, authorities and business operations. Red Cat’s options are designed to “Dominate the Night™” and embody the Teal 2, a small unmanned system providing the highest-resolution thermal imaging in its class. Learn extra at www.redcatholdings.com.
About Empirical Systems Aerospace, Inc. (ESAero)
Empirical Systems Aerospace, Inc. (ESAero) produces Unmanned Aerial Systems (UAS) and Advanced Air Mobility (AAM) platforms for business and navy purposes. ESAero is a longtime chief within the subject, demonstrating for many years its core competencies within the design and manufacture of revolutionary, environment friendly, and sustainable electrical plane applied sciences. Based in San Luis Obispo, California, ESAero supplies vertically built-in companies in R&D, engineering, design for manufacturing, energy and battery administration methods, fast prototyping, testing, and manufacturing. ESAero’s capabilities in sUAS by manned eVTOL system design, together with its AS9100-certified manufacturing abilities, make it ideally suited to advance Red Cat’s product traces, together with the Teal 2.
Forward-Looking Statements
This press launch incorporates “forward-looking statements” which can be topic to substantial dangers and uncertainties. All statements, apart from statements of historic reality, contained on this press launch are forward-looking statements. Forward-looking statements contained on this press launch could also be recognized by means of phrases corresponding to “anticipate,” “consider,” “ponder,” “may,” “estimate,” “anticipate,” “intend,” “search,” “might,” “would possibly,” “plan,” “potential,” “predict,” “mission,” “goal,” “intention,” “ought to,” “will,” “would,” or the destructive of those phrases or different related expressions, though not all forward-looking statements comprise these phrases. Forward-looking statements are based mostly on Red Cat Holdings, Inc.’s present expectations and are topic to inherent uncertainties, dangers and assumptions which can be tough to foretell. Further, sure forward-looking statements are based mostly on assumptions as to future occasions that will not show to be correct. These and different dangers and uncertainties are described extra absolutely within the part titled “Risk Factors” within the closing prospectus associated to the general public providing filed with the Securities and Exchange Commission. Forward-looking statements contained on this announcement are made as of this date, and Red Cat Holdings, Inc. undertakes no responsibility to update such info besides as required underneath relevant legislation.
Contacts
NEWS MEDIA:
Dalton Agency
Phone: (615) 515-4891
Email: [email protected]
INVESTORS:
CORE IR
Phone: (516) 222-2560
Email: [email protected]
Website:
