Red Cat Holdings announced that subsidiary Teal Drones has signed $1.8 million in contracts with U.S. Customs and Border Protection to provide Teal 2 systems to U.S. Border Patrol.

Red Cat Holdings, Inc. announced that subsidiary Teal Drones has secured an additional $1.2 million to continue developing a new sUAS prototype for the U.S. Army’s Short Range Reconnaissance program.

Red Cat Holdings, Inc. announced that its new military-grade sUAS, the Teal 2, has received clearance from the U.S. Department of Defense to be designated as a Blue UAS.

Red Cat Holdings, Inc. has made a materially significant financial investment in Firestorm, an American company developing the first completely Modular Unmanned Aerial System that is 3D printed and payload agnostic.