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RED CAT HOLDINGS, INC. : Stock Market News and Information | RCAT| US75644T1007

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SAN JUAN, Puerto Rico, April 26, 2023 (WORLD NEWSWIRE) — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a military innovation business incorporating robotic software and hardware to safeguard and support the warfighter, today formally introduces its brand-new military-grade sUAS, the Teal 2.

Attendees at the 2023 AAAA Army Aviation Mission Solutions Summit in Nashville, Tennessee, will see the Teal 2 on show and tell for the very first time.

Previously available just to early-adopter consumers, the Teal 2 is now available to purchase for military, federal government and industrial functions. The U.S.-made system is produced at Red Cat’s purpose-built factory in Salt Lake City, Utah.

“Most military operations take place at night, and the Teal 2 is exactly the sUAS that warfighters have been asking for,” said Red Cat CEO Jeff Thompson. “Teal 2 is designed to ‘Dominate the Night™’ and arrives as the world’s leading small unmanned aircraft system for nighttime operations. The system also offers the latest intelligence, surveillance and reconnaissance (ISR) technology, delivering time-critical information and enabling operators to make faster, smarter decisions.”

The Teal 2 is the very first sUAS to be geared up with Teledyne FLIR’s brand-new Hadron 640R sensing unit. This supplies end users with the greatest resolution thermal imaging in a little (Group 1) form element, enhanced for nighttime operations. Red Cat’s other innovation partners for the Teal 2 consist of Athena AI, Reveal Technology and Tomahawk Robotics.

The system’s compact size and rugged style allow it to be rucksack portable and released in the most difficult environments. Multi-vehicle command and control enables a 360-degree view of a target, or for ISR on numerous targets.

Early-adopter consumers have actually consisted of U.S. Customs and Border Protection, which bought 54 systems of the Teal 2. These systems are being utilized to supply additional air-borne reconnaissance, monitoring and tracking ability, improving situational awareness for U.S. field leaders and representatives.

Red Cat subsidiary Teal Drones is accredited as “Blue UAS,” which designates makers licensed to supply equipment to the U.S. military. Teal is likewise among just 3 drone makers welcomed to take part in the U.S. Army’s Short Range Reconnaissance Tranche 2 (SRR T2). The SRR T2 program looks for to provide a portable sUAS that army squadrons can utilize for monitoring and reconnaissance responsibilities, along with to enhance situational awareness.

“The advanced technology and innovative design of the Teal 2 will help redefine the future of defense,” said Thompson. “The AAAA summit this week is your first opportunity to see the system up close and in person.”

The 2023 AAAA Army Aviation Mission Solutions Summit ranges from April 26-28 at Nashville’s Gaylord Opryland Resort & Convention Center. Red Cat is displaying at Booth No. 2138.

To see a spec sheet for the Teal 2, click here.
To see a brief video about the Teal 2, click here.

About Red Cat Holdings, Inc.
Red Cat (Nasdaq: RCAT) is a military innovation business that incorporates robotic software and hardware to supply important situational awareness and actionable intelligence to on-the-ground warfighters and battleground leaders. Its objective is to improve the efficiency and safety of military operations locally and internationally – and to “Dominate the Night™.” Red Cat’s suite of services consists of Teal Drones, designer of the Teal 2, a little unmanned system with the greatest resolution imaging for nighttime operations, and Skypersonic, a leading supplier of unmanned airplane for interior areas and other harmful environments. Learn more at .

Forward-Looking Statements
This news release includes “positive declarations” that undergo considerable threats and unpredictabilities. All declarations, besides declarations of historic truth, consisted of in this news release are positive declarations. Forward-looking declarations consisted of in this news release might be determined by the usage of words such as “prepare for,” “think,” “ponder,” “could,” “quote,” “anticipate,” “mean,” “look for,” “may,” “might,” “strategy,” “possible,” “forecast,” “job,” “target,” “goal,” “should,” “will,” “would,” or the negative of these words or other comparable expressions, although not all positive declarations include these words. Forward-looking declarations are based upon Red Cat Holdings, Inc.’s existing expectations and undergo fundamental unpredictabilities, threats and presumptions that are tough to forecast. Further, particular positive declarations are based upon presumptions regarding future occasions that might not show to be precise. These and other threats and unpredictabilities are explained more totally in the area entitled “Risk Factors” in the last prospectus associated to the general public offering submitted with the Securities and Exchange Commission. Forward-looking declarations consisted of in this statement are made since this date, and Red Cat Holdings, Inc. carries out no responsibility to update such details other than as needed under suitable law.

Contacts
NEWS MEDIA: Anthony PriwerDalton Agency
Phone: (615) 515-4891
Email: [email protected]

FINANCIERS:
CORE IR
Phone: (516) 222-2560
Email: [email protected]
Website:

A picture accompanying this statement is available at

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TEAL 2

Teal 2

Source: Red Cat Holdings, Inc.

2023 WorldNewswire, Inc., source Press Releases

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