Red Cat Announces $2.5 Million in Contract Awards for Two NATO Allied Countries

March 26, 2024

https://www.globenewswire.com/news-release/2024/03/26/2852512/0/en/Red-Cat-Announces-2-5-Million-in-Contract-Awards-for-Two-NATO-Allied-Countries.html

SAN JUAN, Puerto Rico, March 26, 2024 (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 a total of $2.5 million in new contract awards with two NATO allied countries. As part of its expanded global sales strategy, Red Cat will provide the new customers with Teal 2 drone systems, training, and accessories with an anticipated delivery by the end of March.

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