RCAT RED CAT HLDGS INC

Red Cat Launches Robotics and Autonomous Systems Consortium to Bridge Critical UAS Technology Gaps for Warfighters

Red Cat Launches Robotics and Autonomous Systems Consortium to Bridge Critical UAS Technology Gaps for Warfighters

SAN JUAN, Puerto Rico, May 07, 2024 (GLOBE NEWSWIRE) --  (Nasdaq: RCAT) (“Red Cat”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, today announced the formation of the (RFI). RFI is an independent, industry-wide consortium of robotics and autonomous systems (RAS) partners dedicated to putting the most advanced and interoperable uncrewed aircraft systems into the hands of warfighters.

Anchored by Red Cat’s Teal Drones, the RFI unites the world’s most innovative UAS hardware and software companies focused on AI/ML, swarming, FPV, command and control, and payloads. Founding members include (NYSE: OPTT), , , , , , and . The shared goal is advocacy, integrations and co-marketing that bridges considerable technology gaps through modular open architecture.

“One of many Teal Drone advantages is the modular design that allows for effortless swapping of propulsion, payload and other hardware based on the specific needs of warfighters,” said Jason Gunter, Red Cat Director of Special Programs. “Additionally, with Teal as a hub, we’ve already built a robust ecosystem of partners that specialize in AI and computer vision applications, 3D mapping, target acquisition, swarming, and other sUAS decision support features. The RFI formalizes this but is also a launchpad for co-marketing, tech collaboration, and grassroots advocacy.”

Red Cat developed this initiative to support the Pentagon’s desire to accelerate innovation for its Replicator initiative and the need for “attritable” autonomous systems across air, land, and sea. This includes the U.S. Army’s Short-Range Reconnaissance (SRR) Program. The consortium will collaborate to ensure requirements-based UAS production that meets the needs of specific missions, as well as reduce vendor lock-in and promote interoperability. The RFI will also focus on R&D and government advocacy that accelerates technology maturation.

“The need for the UAS sector to move quickly to meet the requirements of Replicator is more urgent than ever,” said Jeff Thompson, Red Cat CEO. “The needs of warfighters have shifted dramatically over the past several years, and the key to bridge technology gaps and accelerate maturation is co-innovation amongst hardware and software companies that span the entire value chain. The RFI will spearhead this mission and be a central place to showcase new capabilities and industry voices.”

Red Cat subsidiary Teal Drones builds its Teal 2 system, designed to support U.S. and allied military operations, public safety organizations, and government agencies, at its Utah facility. Teal 2 is a cost-effective, man-portable sUAS designed to “” that has best-in-class night vision, multi-vehicle control support, and a fully modular design. It is both Blue UAS Certified and FAA Remote ID approved. Through technology partnerships, the RFI will exponentially expand the use cases for Teal Drones into multi domain (air, land, and sea) operations.

As a member-based consortium, RFI welcomes broad industry participation by companies of all sizes. Membership benefits include formal marketing support, dual reseller agreements, event and conference collaboration, letters of support for government lobbying, and inclusion in a technology “menu” for visibility and RFQs on the Teal website. For more information, or if you would like to get involved with the RFI, visit: .

About Red Cat, Inc. 

Red Cat (Nasdaq: RCAT) is a drone technology company integrating robotic hardware and software for military, government, and commercial operations. Red Cat’s solutions are designed to “” and include the Teal 2, a small unmanned system offering the highest-resolution thermal imaging in its class. Learn more at.

Forward-Looking Statements

This press release contains "forward-looking statements" that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will," "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. 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. These and other risks and uncertainties are described more fully in the section titled "Risk Factors" in the final prospectus related to the public offering filed with the Securities and Exchange Commission. 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. 

Contacts:

INVESTORS:

E-mail:

NEWS MEDIA: IndicateMedia

Phone: (347) 880-2895

Email: 



EN
07/05/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on RED CAT HLDGS INC

 PRESS RELEASE

Red Cat Launches Robotics and Autonomous Systems Consortium to Bridge ...

Red Cat Launches Robotics and Autonomous Systems Consortium to Bridge Critical UAS Technology Gaps for Warfighters SAN JUAN, Puerto Rico, May 07, 2024 (GLOBE NEWSWIRE) --  (Nasdaq: RCAT) (“Red Cat”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, today announced the formation of the (RFI). RFI is an independent, industry-wide consortium of robotics and autonomous systems (RAS) partners dedicated to putting the most advanced and interoperable uncrewed aircraft systems into the hands of warfighters. Anchored by R...

 PRESS RELEASE

Red Cat Successfully Passes Field Testing with Doodle Labs Against Ele...

Red Cat Successfully Passes Field Testing with Doodle Labs Against Electronic Warfare Technology in Ukraine SAN JUAN, Puerto Rico, April 25, 2024 (GLOBE NEWSWIRE) --  (Nasdaq: RCAT) ("Red Cat"), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, announced it has successfully passed electronic warfare (EW) 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  and Red Cat for its U.S. Army Short Range Reconnaissance (SRR) progr...

 PRESS RELEASE

Red Cat Announces Agreement with Sentien Robotics UAS Hive for Land, A...

Red Cat Announces Agreement with Sentien Robotics UAS Hive for Land, Air and Sea Drone Swarming Operations SAN JUAN, Puerto Rico, April 18, 2024 (GLOBE NEWSWIRE) --  (Nasdaq: RCAT) (“Red Cat”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, announces a partnership with , a leader in autonomous drone fleet logistics. The partnership will enable organizations using Sentien’s Hive UAS management platforms to deploy Teal Drones as part of a larger autonomous drone swarming strategy for mobile and fixed-position land, a...

 PRESS RELEASE

Red Cat Begins Integration of Teal 2 Drones with Ocean Power Technolog...

Red Cat Begins Integration of Teal 2 Drones with Ocean Power Technologies Maritime Surveillance Solution for Air, Sea, and Subsea Defense and Security Missions SAN JUAN, Puerto Rico, April 09, 2024 (GLOBE NEWSWIRE) --  (Nasdaq: RCAT) (“Red Cat”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, announces a partnership with (NYSE American: OPTT) (“OPT”), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions. The partnership will enable organizations using OPT’s PowerBuoy® and...

 PRESS RELEASE

Red Cat Announces $2.5 Million in Contract Awards for Two NATO Allied ...

Red Cat Announces $2.5 Million in Contract Awards for Two NATO Allied Countries Red Cat will provide the new customers with Teal 2 drones, training, and accessories that will be used for defense and security operations globally SAN JUAN, Puerto Rico, March 26, 2024 (GLOBE NEWSWIRE) --  (Nasdaq: RCAT) (“Red Cat” or the “Company”), a drone technology company integrating robotic hardware and software for military, government and commercial operations, announces a total of $2.5 million in new contract awards with two NATO allied countries. As part of its expanded global sales strategy, Red ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch