Red Cat and Athena AI announce breakthrough artificial intelligence and computer-vision capabilities for Teal 2 military-grade drone
20 Junho 2023 - 3:30PM
Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the
“Company”), a military technology company integrating robotic
hardware and software to protect and support the
warfighter, today announces it has completed
the second phase of its artificial intelligence and
computer-vision partnership with Athena AI.
Athena was first announced as a partner for
Red Cat’s Teal 2 military-grade drone in
March. Now, by processing video that the
Teal 2’s thermal-imaging sensor recorded during a nighttime
test flight, Athena’s technology has successfully
performed target recognition and battle tracking. This
capability allows commanders fast decision-making on the
battlefield with artificial intelligence assistance.
“Nighttime computer-vision capability is a Teal 2 add-on we
support for users who need high-value data at night,” said George
Matus, founder and CEO of Red Cat subsidiary Teal
Drones. “The images and insights that Athena’s technology
deliver are outstanding. Athena’s battle-tracking capabilities
and artificial intelligence, combined with Teal’s
best-in-class drone, give warfighters the unfair
advantage.”
Australia-based Athena, an AI-enabled military decision-support
company, has licensed to Red Cat its
proprietary computer-vision architecture, which allows
high-speed tracking of objects and, at slower speeds, in-depth data
exploitation. Athena’s solution
can identify weapons, humans and
other targets at night, as well as Identification Friend
or Foe (IFF) markers, such as Cyalume HALOs and IR
beacons.
“Unlike a lot of other drones in the sUAS quad space
that aren’t MISB-compliant, the Teal
2’s KLV metadata unlocks the full decision-suite
support of Athena AI,” said Athena CEO Stephen
Bornstein. “This combination of a nighttime sUAS
with live-vehicle metadata allows for real-time situational
awareness to support battle tracking, common
operational picture (COP) at higher echelons of
command, and accurate targeting.”
Officially launched in April, the Teal 2 is designed
to Dominate the Night™ and arrives as the world’s leading
sUAS for night operations. The Teal 2 is the first sUAS to be
equipped with Teledyne FLIR's new Hadron 640R sensor,
providing end users with the highest resolution thermal imaging in
a small form factor. The Teal 2 also offers the latest
intelligence, surveillance and reconnaissance (ISR)
technology, delivering time-critical information and enabling
operators to make faster, smarter decisions. The Teal 2
airframe has been designed as an open platform that can add
software features such as Athena AI, and those combined products
improve Red Cat’s gross margins.
Red Cat will exhibit the Teal 2 at
the Modern Day Marine expo in Washington, D.C., from
June 27-29.
To view a spec sheet for the Teal 2,
click here.To
watch a short video about the Teal 2,
click here.
About Red Cat Holdings, Inc.Red Cat (Nasdaq:
RCAT) is a military technology company that integrates robotic
hardware and software to provide critical situational
awareness and actionable intelligence to on-the-ground warfighters
and battlefield commanders. Its mission is to enhance the
effectiveness and safety of military operations domestically and
globally – and to “Dominate the Night™.” Red Cat’s suite of
solutions includes Teal Drones, developer of the Teal 2, a small
unmanned system with the highest resolution imaging for nighttime
operations, and Skypersonic, a leading provider of
unmanned aircraft for interior spaces and other dangerous
environments. Learn more
at https://www.redcatholdings.com.
Forward-Looking Statements This press
release contains "forward-looking statements" that are
subject to substantial risks and uncertainties. All statements,
other than statements of historical fact, contained in this press
release are forward-looking statements. Forward-looking statements
contained in this press release may be identified by the use of
words such as "anticipate," "believe," "contemplate," "could,"
"estimate," "expect," "intend," "seek," "may," "might," "plan,"
"potential," "predict," "project," "target," "aim," "should,"
"will," "would," or the negative of these words or other similar
expressions, although not all forward-looking statements contain
these words. Forward-looking statements are based on Red Cat
Holdings, Inc.'s current expectations and are subject to inherent
uncertainties, risks and assumptions that are difficult to predict.
Further, certain forward-looking statements are based on
assumptions as to future events that may not prove to
be accurate. These and other risks and uncertainties are
described more fully in the section titled "Risk Factors" in the
final prospectus related to the public offering filed with the
Securities and Exchange Commission. Forward-looking statements
contained in this announcement are made as of this date, and Red
Cat Holdings, Inc. undertakes no duty to update such information
except as required under applicable law.
Contacts NEWS MEDIA: Anthony Priwer Dalton
AgencyPhone: (615)
515-4891 Email: apriwer@daltonagency.com
INVESTORS: CORE IR Phone: (516)
222-2560Email: investors@redcat.redWebsite: https://www.redcatholdings.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/ef35bdb2-26ed-4e38-9fb3-51c6cace7411
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