Red Cat Holdings Inc. (NASDAQ: RCAT) is a drone technology company that integrates robotic hardware and software for military, government, and commercial operations.
The company delivers comprehensive products, services, and solutions to the drone industry through its two wholly-owned subsidiaries: Teal Drones and Skypersonic. Red Cat’s mission is to “dominate the night” with its innovative solutions.
Teal Drones earned recognition as one of only five companies the Department of Defense chose in 2020 as an approved small unmanned aerial system vendor for the U.S. government. Teal 2, a small unmanned system, boasts the highest-resolution thermal imaging in its class.
Skypersonic introduces “Fly Anywhere” technology, empowering drones to inspect and survey challenging, confined or GPS-denied locations with the expertise of 100% remote pilots and operators over the internet.
Recently, Benzinga had the opportunity to discuss the company and its products with Red Cat’s Founder and CEO, Jeff Thompson. Here is an excerpt from the interview.
What is Red Cat Holdings’ role in providing defense-focused drone technology solutions?
Red Cat develops cutting-edge drone technology for those in harm’s way, including frontline warfighters and public safety personnel. Through accelerated design and engineering processes, customer feedback and industry partnerships with other forward-thinking technology companies, we can bring high-resolution thermal imaging, AI, computer vision and other decision-support features to end users who need critical intelligence in real-time.
How has Red Cat contributed to aerial intelligence during conflicts like the Israel-Hamas war?
Red Cat has provided first-person view (FPV) drones during current conflicts, such as in Ukraine. We have also delivered Intelligence, Surveillance, and Reconnaissance (ISR) drones, such as the Teal 2, to the country. These drones are used in combat and have proven to be a game-changing element on the battlefield. We are also currently in active discussions to send drones to Israel.
Can you share details about Red Cat’s products, including Teal Drones and Skypersonic solutions?
Red Cat currently has two subsidiaries: Teal Drones and Skypersonic. Teal Drones released its Teal 2, a man-portable tactical ISR drone earlier this year, which offers…
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