RCAT RED CAT HLDGS INC

Red Cat Holdings Subsidiary Skypersonic Demonstrates Remote-Piloted Drone at LoveITDetroit’s Aerospace Reception

Red Cat Holdings Subsidiary Skypersonic Demonstrates Remote-Piloted Drone at LoveITDetroit’s Aerospace Reception

Skypersonic’s groundbreaking Skycopter drone was co-piloted by Italian astronaut Roberto Vittori

DETROIT, Sept. 08, 2022 (GLOBE NEWSWIRE) -- (Nasdaq: RCAT) (“Red Cat” or “Company”), a hardware-enabled software provider to the drone industry, reports that subsidiary company demonstrated its drone for a VIP audience at an aerospace reception hosted by the Consulate of Italy in Detroit on the evening of Sept. 7.

As part of the consulate’s initiative – a month-long celebration of “Made in Italy in the United States and the Metaverse” – Skypersonic, which is headquartered in Detroit with a European office in Turin, Italy, was also represented in a panel discussion on Italian innovation in space exploration.

Skypersonic Founder and CEO Giuseppe Santangelo joined other distinguished panelists including General , OMRI, an Italian Air Force officer and ESA astronaut; Simonetta Di Pippo, an Italian astrophysicist and former director of the United Nations Office for Outer Space Affairs (UNOOSA); and Vicky Selva, executive director of Michigan Defense Center.

“It was an honor to be invited onto that panel, and the invitation reflects Skypersonic’s recent achievements in the aerospace sector,” said Santangelo. “Last year, our company signed a five-year contract with NASA to provide drone and rover software, hardware and support to . Then, just last month, we that we’d successfully validated our technology during 15 days of testing on Mt. Etna, an active volcano in Sicily whose landscape is similar to Martian geology.”

Following LoveITDetroit’s aerospace panel discussion, Skypersonic’s groundbreaking Skycopter drone was demonstrated for the by-invitation-only audience. A formation of three Skycopters flew around the breathtaking physical environment that was designed for LoveITDetroit by renowned Italian architect and designer Roberto Palomba. The swarm was co-piloted by Vittori, who has participated in three space flights since the ESA selected him to join the European Astronaut Corps in 1998. To prepare for the Skycopter demonstration flight at LoveITDetroit, Vittori spent half a day in training with Skypersonic’s team in Turin.

“[The Skycopter is] certainly a winning combination with great potential for both terrestrial and space developments,” said Vittori. “Tested both in the external observer mode and through the ‘goggles’– virtually as a pilot inside the drone – it really is an excellent machine.”

The Skycopter drone can be piloted virtually anywhere, from virtually anywhere, as the Skypersonic team recently demonstrated on Mt. Etna in July. Using Skypersonic’s revolutionary Long Range Real-Time Remote Piloting System, the drone on the active volcano in Italy was controlled by personnel in Houston, Texas, in real time. Whereas most drones cannot be piloted without connecting to the GPS network, Skycopter uses technology that is able to control and track the drone in locations – such as Mars – where GPS is not available.

About Skypersonic

Headquartered in Detroit with a European office in Turin, Italy, is a leader in the use of drones for industrial inspections and first response emergency situations, as well as in “Remotely Flying Drones Anywhere™” via its ground-breaking Long Range Real-Time Remote Piloting System. Skypersonic’s flagship is the Skycopter: a drone with a tiltable video camera that is designed to work in extreme conditions and ultra-tight spaces. It is enclosed and protected by an external aerodynamic, ultra-light and ultra-resistant cage to ensure safety and avoid damage to inspected structures and to the airframe itself. It is also fitted with an ultra-bright 360° LED lighting system for applications in complete darkness, and sensors to detect gases and radiation can also be added. Skycopter uses Skyloc technology: a real-time location and monitoring system able to control and track with extremely high accuracy the movements of the drone in indoor scenarios or where GPS is not available. Skypersonic also invented the first-ever worldwide civil real-time remote piloting system that allows piloting in FPV (first-person view) any drone (not just the Skycopter) located anywhere from a generic internet station located anywhere.

About Red Cat Holdings, Inc.

Red Cat provides drone-based products, services, and solutions through its four subsidiaries and services the enterprise, military, and consumer markets. Teal Drones is a leader in unmanned aircraft systems (UAS), and its Golden Eagle is one of only five drones approved by the Department of Defense for reconnaissance, public safety, and inspection applications. Skypersonic’s technology enables drones to complete inspection services in locations where GPS is not available, yet still record and transmit data even while being operated from thousands of miles away. Fat Shark is a leading provider of First Person View (FPV) video goggles. Rotor Riot, LLC is a reseller of FPV drones and equipment, primarily to the consumer marketplace. 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:

CORE IR

Phone: (516) 222-2560

Email:

Website:

NEWS MEDIA:

Anthony Priwer 

Dalton Agency 

Phone: +1 (615) 515-4891 

Email:

 



EN
08/09/2022

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 to Ring the Nasdaq Opening Bell of Friday, February 20 Ahead o...

Red Cat to Ring the Nasdaq Opening Bell of Friday, February 20 Ahead of the Company’s Innovation Day Event SALT LAKE CITY, Feb. 19, 2026 (GLOBE NEWSWIRE) --  (Nasdaq: RCAT) (“Red Cat” or the “Company”), a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security, announced today that Chief Operating Officer, Christian Ericson, will ring the Opening Bell at the Nasdaq Stock Exchange at 9:30 a.m. ET tomorrow, Friday, February 20. Red Cat is a fast-growing U.S. provider of secure, American-made uncrewed systems built for defense and national se...

 PRESS RELEASE

Red Cat Announces Fourth Quarter and Full-Year 2025 Earnings Release a...

Red Cat Announces Fourth Quarter and Full-Year 2025 Earnings Release and Live Video Webinar Date SALT LAKE CITY, Feb. 18, 2026 (GLOBE NEWSWIRE) -- (Nasdaq: RCAT) ("Red Cat" or the "Company"), a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security, today announced it will report its financial results for the fourth quarter ended December 31, 2025, after the U.S. financial markets close on Wednesday, March 18, 2026, and will host a live video webinar at 4:30 p.m. ET to discuss the results. The Video Webinar will be conducted on the Zoom ...

 PRESS RELEASE

Red Cat Secures New Orders for Black Widow™ Drones from Asia-Pacific A...

Red Cat Secures New Orders for Black Widow™ Drones from Asia-Pacific Ally SALT LAKE CITY, Feb. 02, 2026 (GLOBE NEWSWIRE) -- . (Nasdaq: RCAT), a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security, today announced that in December 2025, an Asia-Pacific ally selected its Black Widow™ sUAS on a competitive tender, with delivery of an undisclosed number of systems scheduled for delivery during calendar year 2026. This is the second Asia-Pacific ally to recently order Black Widow systems for military use. Further details on both orders are e...

 PRESS RELEASE

Red Cat Holdings to Host Innovation Day on February 27, 2026

Red Cat Holdings to Host Innovation Day on February 27, 2026 SALT LAKE CITY, Jan. 20, 2026 (GLOBE NEWSWIRE) --  (Nasdaq: RCAT) (“Red Cat” or the “Company”), a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security, will host an Innovation Day on Friday, February 27, 2026, at Red Cat’s facilities in West Palm Beach, Florida. The event will begin at approximately 9:30 a.m. ET and conclude by 2:30 p.m. ET. At Innovation Day, Red Cat’s leadership team will provide corporate updates and an overview of its product roadmap and market opportuniti...

 PRESS RELEASE

Red Cat Holdings Announces Preliminary Revenue Results for the Fourth ...

Red Cat Holdings Announces Preliminary Revenue Results for the Fourth Quarter and Full Year 2025 SALT LAKE CITY, Jan. 13, 2026 (GLOBE NEWSWIRE) --  (Nasdaq: RCAT) (“Red Cat” or the “Company”), a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security, today announced preliminary unaudited revenue results for its fourth quarter and full year ended December 31, 2025. Based on preliminary, unaudited financial data, fourth quarter 2025 revenue is expected to be between $24.0 million and $26.5 million, representing an approximate 1,842% increas...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch