Press Releases

Follow Our Story

For all media queries, contact [email protected].

Red Cat Management Changes

Press Release Red Cat Management Changes George Matus, CEO of Subsidiary, Teal Drones, Appointed Chief Technology Officer SAN JUAN, Puerto Rico, Nov. 28, 2023 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, announces several management changes. George Matus, founder and CEO of wholly owned subsidiary, Teal Drones, has been appointed as Chief Technology Officer of Red Cat. Concurrently, Allan Evans, Chief Operating Officer, is departing to become CEO of Unusual Machines,

Read More »

Red Cat CEO to Speak at the Partnership for Drone Competitiveness’ Launch Commemoration Outside the U.S. Capitol

Press Release Red Cat Reports Preliminary Record Revenue 30% Above Guidance for Second Quarter of Fiscal 2024 ARTIFICIAL INTELLIGENCE ENHANCED CAMERA FUELS SALES SAN JUAN, Puerto Rico, Nov. 07, 2023 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, reports preliminary revenue for the second quarter of fiscal 2024 (three months ending October 31, 2023) ahead of its quarterly filing, including: Revenue of approximately $3.9 million for fiscal second quarter

Read More »

Red Cat Subsidiary Teal Drones Selected for $750K Manufacturing Modernization Grant from State of Utah

Press Release Red Cat Subsidiary Teal Drones Selected for $750K Manufacturing Modernization Grant from State of Utah SAN JUAN, Puerto Rico, Nov. 08, 2023 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a drone technology company integrating robotic hardware and software for military, government and commercial operations, today announces that its subsidiary Teal Drones has been selected to receive a $750,000 Manufacturing Modernization Grant from the State of Utah. Teal is among the recipients of the $10 million Utah Manufacturing Modernization Grant, awarded by the Governor’s Office

Read More »

Red Cat Reports Preliminary Record Revenue 30% Above Guidance for Second Quarter of Fiscal 2024

Press Release Red Cat CEO to Speak at the Partnership for Drone Competitiveness’ Launch Commemoration Outside the U.S. Capitol JEFF THOMPSON TO JOIN THE ASSOCIATION FOR UNCREWED VEHICLE SYSTEMS INTERNATIONAL, INDUSTRY LEADERS, AND MEMBERS OF CONGRESS DURING NOVEMBER 14TH PRESS CONFERENCE SAN JUAN, Puerto Rico, Nov. 13, 2023 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a drone technology company integrating robotic hardware and software for military, government and commercial operations, announces CEO Jeff Thompson will be a featured speaker at the Association for Uncrewed Vehicle

Read More »

Red Cat Holdings to Present at the ThinkEquity Conference

Press Release Red Cat Holdings to Present at the ThinkEquity Conference SAN JUAN, Puerto Rico, Oct. 18, 2023 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, announces that Dr. Allan Evans, Chief Operating Officer, will present a corporate overview at the ThinkEquity Conference. The conference is being held on October 19, 2023 at the Mandarin Oriental Hotel in New York. Event: ThinkEquity Conference Presentation Date: October 19, 2023 Time: 1:30pm ET (South Salon

Read More »

Red Cat Holdings to Participate in Two October 2023 Conferences

Press Release Red Cat Holdings to Participate in Two October 2023 Conferences SAN JUAN, Puerto Rico, Oct. 09, 2023 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, announces that it will participate in two October 2023 conferences. Maxim Group Virtual Tech Conference Series Dr. Allan Evans, Chief Operating Officer, will participate in a Drone Panel Discussion at the Maxim Group Virtual Tech Conference Series: Exploring all Corners of the Tech Sector. The conference

Read More »

Red Cat Holdings to Present at the LD Micro Main Event XVI

Press Release Red Cat Holdings to Present at the LD Micro Main Event XVI SAN JUAN, Puerto Rico, Sept. 27, 2023 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a drone technology company integrating robotic hardware and software for military, government and commercial operations, today announces that Jeff Thompson, Chief Executive Officer, will present a corporate overview at the LD Micro Main Event XVI. The conference is being held on October 3 – 5, 2023 at the Luxe Sunset Boulevard Hotel in Los Angeles. Event: LD Micro Main

Read More »

Red Cat Signs Contract with U.S. Customs and Border Protection for 106 Teal 2 Drone Systems 

Press Release Red Cat Signs Contract with U.S. Customs and Border Protection for 106 Teal 2 Drone Systems SAN JUAN, Puerto Rico, Sept. 20, 2023 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a drone technology company integrating robotic hardware and software for military, government and commercial operations, today announces that subsidiary Teal Drones has signed $1.8 million in contracts with U.S. Customs and Border Protection (CBP) to provide Teal 2 systems to U.S. Border Patrol.  Teal will deliver 106 Teal 2 drones plus spare parts and training. Border Patrol is using the Teal 2 to provide supplemental airborne reconnaissance, surveillance and tracking capability, enhancing situational awareness for U.S. field commanders and agents.  The single-source contract is part

Read More »

Red Cat Holdings Reports Financial Results for Fiscal First Quarter 2024 and Provides Corporate Update

Press Release Red Cat Holdings Reports Financial Results for Fiscal First Quarter 2024 and Provides Corporate Update SAN JUAN, Puerto Rico, Sept. 19, 2023 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or “Company”), a military technology company integrating robotic hardware and software to protect and support the warfighter, reports its financial results for the fiscal quarter ended July 31, 2023 and provides a business update. Operational Highlights: Orders for 344 drones with a total value of approximately $5.2 million placed by a U.S. federal government agency Remote

Read More »

Red Cat Holdings to Report Fiscal First Quarter 2024 Financial Results and Provide Corporate Update on Tuesday, September 19, 2023

Press Release Red Cat Holdings to Report Fiscal First Quarter 2024 Financial Results and Provide Corporate Update on Tuesday, September 19, 2023 Conference Call to be held Tuesday, September 19, 2023 at 4:30 p.m. Eastern Time SAN JUAN, Puerto Rico, Sept. 14, 2023 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, announces that financial results for the fiscal first quarter 2024 ended July 31, 2023 will be reported on

Read More »