RCAT RED CAT HLDGS INC

Red Cat Launches Maritime Division, Blue Ops, Inc., Appoints Barry Hinckley as President to Lead Expansion into Uncrewed Surface Vessels

Red Cat Launches Maritime Division, Blue Ops, Inc., Appoints Barry Hinckley as President to Lead Expansion into Uncrewed Surface Vessels

Veteran boatbuilder and entrepreneur to lead the development of a family of battle-tested USV weapons systems

SAN JUAN, Puerto Rico, Aug. 26, 2025 (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 the launch of its newest division, , focused on developing a family of battle-tested USV weapons systems that meet the rapidly evolving demands of the modern battlefield. Barry Hinckley, a third-generation marine industry veteran and entrepreneur, has been appointed President of the new division.

Red Cat’s formation of Blue Ops formalizes the company’s that it was entering the maritime autonomy market with a line of battle-tested USVs. This new division underscores Red Cat’s strategy to expand its Family of Systems and evolve into an all-domain defense company. Blue Ops will sit alongside Red Cat’s existing divisions, Teal Drones and FlightWave Aerospace, with the mission to design, build, and deploy modular USVs to support multi-domain missions across military and security applications.

“Blue Ops is honored to bring proven technology, already validated in modern combat, into U.S. production for the next generation of maritime defense,” said Jeff Thompson, Red Cat CEO. “The United States Navy has made it clear that fleet modernization and combat readiness are critical ahead of a possible conflict in the South China Sea that would involve American and allied forces. A big part of this strategy includes integrating autonomous vehicles into fleet operations and tapping into the vast potential of America’s shipbuilding industry.”

“Our proven technology platform, combined with the deep domain expertise of veteran boat builders, will provide the U.S. with a rapidly scalable solution that is ready for battle,” added Thompson. “Appointing Barry to oversee Blue Ops and lead an all-star team aligns perfectly with our mission.”

A Legacy of American Maritime Innovation

Barry Hinckley is a seasoned entrepreneur, technology executive, and former U.S. Senate candidate with a diverse background that spans decades as a Coast Guard-certified Merchant Mariner, the aviation industry, offshore sailing, and enterprise software. Blue Ops will also be led by Alexander ‘Sandy’ Spaulding. Sandy has held leadership roles across the maritime industry and was formerly President of Hinckley Yachts, deepening the team's practical experience and strategic partnerships. Together, they bring more than 70 years of combined experience in maritime leadership to Blue Ops. Hinckley Yachts is the premier luxury yacht builder in the United States and the Hinckley family has been building vessels in Maine for nearly a century, including over 500 boats for the U.S. Army and Navy during World War II.

“At Blue Ops, we’re combining nearly a century of American boatbuilding experience with modern autonomy and mission-ready design,” said Barry Hinckley, President of Blue Ops. “This new division is a critical extension of Red Cat’s all-domain strategy, supporting today’s warfighters across air, land, and sea. We’re not replacing large naval vessels—we’re building smaller, smarter, uncrewed platforms that extend their reach, provide forward protection, and can operate in places traditional ships can’t. The future of maritime defense depends on a fast, modular weapons system built in the U.S. That’s exactly what we’re delivering.”

Built in the U.S., Aligned with National Defense Strategy

Blue Ops will operate under Red Cat’s holding company structure and is preparing to launch U.S.-based production of a new class of battle-tested USVs. The company also plans to finalize and announce its multi-state manufacturing operations, aligning with national efforts to strengthen domestic defense manufacturing and field autonomous capabilities for U.S. and allied forces.

As part of the all-domain and multi-use case (ISR, tactical strike) strategy, Red Cat will be integrating various sensors, kinetics, and other capabilities into this new USV weapons system, including the transportation and deployment of its existing aerial UAS systems.

This move builds on Red Cat’s earlier support for and accelerating deployment of autonomous systems across all domains. It also aligns with the to scale robotic and autonomous systems to integrate more platforms at speed as part of its Navigation Plan to raise readiness across the force by 2027 to be ready for crisis or conflict and enhance the Navy’s long-term advantage.

For more information about the different variants and specs that comprise the family of USV weapons systems, visit .

About Red Cat Holdings, Inc.

Red Cat (Nasdaq: RCAT) is a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security. Through its wholly owned subsidiaries, Teal Drones and FlightWave Aerospace, Red Cat develops American-made hardware and software that support military, government, and public safety operations across air, land, and sea. Its Family of Systems, led by Black Widow™, delivers unmatched tactical capabilities in small, unmanned aircraft systems (sUAS). Expanding into the maritime domain through Blue Ops, Inc., Red Cat is also innovating in uncrewed surface vessels (USVs), delivering integrated platforms designed to enhance safety and multi-domain mission effectiveness. Learn more at .

Safe Harbor 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. Such statements include, but are not limited to, statements relating to our intended use of proceeds from the offering, annual revenue guidance, future manufacturing capacities and future market demand. 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 Form 10-KT filed with the Securities and Exchange Commission on March 31, 2025. 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.

Media Contact:

Peter Moran

Indicate Media



(347) 880-2895

Investor Contact:



EN
26/08/2025

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 Maritime Division, Blue Ops, Inc., Appoints Barry Hin...

Red Cat Launches Maritime Division, Blue Ops, Inc., Appoints Barry Hinckley as President to Lead Expansion into Uncrewed Surface Vessels Veteran boatbuilder and entrepreneur to lead the development of a family of battle-tested USV weapons systems SAN JUAN, Puerto Rico, Aug. 26, 2025 (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 the launch of its newest division, , focused on developing a family of battle-tested USV weapons systems that meet the ...

 PRESS RELEASE

Red Cat Reports Financial Results for Second Quarter 2025 and Provides...

Red Cat Reports Financial Results for Second Quarter 2025 and Provides Corporate Update SAN JUAN, Puerto Rico, Aug. 14, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: RCAT) ("Red Cat" or the "Company"), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, reports its financial results for the second quarter ended June 30, 2025 and provides a corporate update. Recent Operational Highlights SRR Black Widow Contract: In July 2025, the company executed the TD3 LRP contract with the U.S. Army to deliver up to 690 SRR Black Wido...

 PRESS RELEASE

Red Cat’s Teal Drones Achieves Globally Recognized AS9100 Certificatio...

Red Cat’s Teal Drones Achieves Globally Recognized AS9100 Certification for Aerospace and Defense Manufacturing SAN JUAN, Puerto Rico, Aug. 13, 2025 (GLOBE NEWSWIRE) --  (Nasdaq: RCAT) (“Red Cat”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, today announced that its wholly owned subsidiary, Teal Drones, has achieved AS9100 certification from International Strategic Registrations (NSF-ISR), a leading global certification body for aerospace and defense quality systems. The AS9100 standard, developed by the Inte...

 PRESS RELEASE

Red Cat to Host Town Hall Meeting for Investors, Analysts and Members ...

Red Cat to Host Town Hall Meeting for Investors, Analysts and Members of the Media Conference Call to be held Thursday, August 14, 2025 at 4:30 p.m. Eastern Time SAN JUAN, Puerto Rico, Aug. 05, 2025 (GLOBE NEWSWIRE) --  (Nasdaq: RCAT) (“Red Cat”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, today announced that it will hold a Town Hall Meeting for investors, analysts and members of the media on Thursday, August 14, 2025. Company management will provide general corporate and contract updates. Following manag...

Nicholas Cortellucci ... (+2)
  • Nicholas Cortellucci
  • CFA

Small-Caps Positioned to Benefit from Multi-Year Defence Spending Cycl...

What you need to know: • Defence and aerospace small-cap equities are emerging as key beneficiaries of increasing government defence budgets. • Canada has committed to meeting NATO’s 2% GDP target by 2025-2026, with interim boosts totalling C$9B in new spending. • Demand for fighter jets, naval systems, NORAD upgrades, and drone defence create multi-year tailwinds for niche suppliers. • Valuations remain below large-cap peers and historical averages despite strong revenue growth, record backlogs...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch