Press Release Red Cat Holdings Selected by U.S. Army as Finalist for Short Range Reconnaissance Tranche 2 Drone Program DEFENSE INNOVATION UNIT AND U.S. ARMY TO PROVIDE $3 MILLION IN ADDITIONAL FUNDING TO SUPPORT FINAL PROGRAM MILESTONES SAN JUAN, Puerto Rico, Dec. 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 its subsidiary Teal Drones (Teal) has been selected by the Department of Defense’s (DoD) Defense Innovation Unit

Press Release Red Cat Holdings to Report Fiscal Second Quarter 2024 Financial Results and Provide Corporate Update on Friday, December 15, 2023 CONFERENCE CALL TO BE HELD FRIDAY, DECEMBER 15, 2023 AT 4:30 P.M. EASTERN TIME SAN JUAN, Puerto Rico, Dec. 12, 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 second quarter of fiscal 2024 (three months ended October 31, 2023) will

Press Release Red Cat Holdings, Inc. Announces Closing of $9.2 Million Public Offering SAN JUAN, Puerto Rico, Dec. 11, 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 announced the closing of its previously announced public offering of 18,400,000 shares of its common stock, including 2,400,000 shares sold upon full exercise of the underwriter’s option to purchase additional shares, at a public offering price of $0.50 per share

Press Release Red Cat Holdings, Inc. Announces Pricing of Public Offering SAN JUAN, Puerto Rico, Dec. 06, 2023 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc. (Nasdaq: RCAT), (“Red Cat” or the “Company”), today announced the pricing of its previously announced underwritten public offering of 16,000,000 shares of its common stock at a public offering price of $0.50 per share, for gross proceeds of $8,000,000, before deducting underwriting discounts, commissions and offering expenses. All of the shares of common stock are being offered by the Company. In addition, the Company has

Press Release Red Cat Holdings, Inc. Announces Proposed Public Offering of Common Stock SAN JUAN, Puerto Rico, Dec. 06, 2023 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”) today announced that it intends to offer to sell shares of its common stock in an underwritten public offering. All of the shares of common stock are to be sold by the Company. ThinkEquity is acting as sole book-running manager for the offering. The Company expects to grant the underwriter a 45-day option to purchase up

Press Release Red Cat Debuts in Latin America, Continuing Global Expansion Efforts Among U.S. Allies COMPANY TO PARTICIPATE IN EXPODEFENSA 2023 IN BOGOTÁ AND HIGHLIGHT ITS TEAL 2 DRONE SOLUTION SAN JUAN, Puerto Rico, Dec. 05, 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 its debut into the Latin America defense and security market, a continuation of its global expansion efforts among U.S. allies. The Company will be showcasing

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,

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

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

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