Red Cat Closes Acquisition of FlightWave Aerospace Systems
Press Release Red Cat Closes Acquisition of FlightWave Aerospace Systems The Edge 130 Blue Propels Red Cat into a New Defense and Military growth opportunity SAN JUAN, Puerto Rico, Sept. 05, 2024 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, today announced the closing of its acquisition of FlightWave Aerospace Systems Corporation (“FlightWave”), an industry-leading provider of VTOL drone, sensor and software solutions. The acquisition officially brings the Edge 130, FlightWave’s Blue UAS approved military-grade tricopter,