Red Cat Subsidiary Teal Drones Receives $2.6M Purchase Order to Supply Teal 2 sUAS to US Defense Logistics Agency
08 Agosto 2023 - 8:00AM
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 received a $2.6 million
purchase order to supply its Teal 2 sUAS to the U.S.
Defense Logistics Agency (DLA).
Teal will deliver 172 units of the Teal 2 plus spare parts and
training. This order was requested by U.S. Air Force
Security Forces, whose role is to defend Air Force bases
and installations.
The procurement was sourced by global operations support
company Noble Supply & Logistics, LLC (NOBLE) as part
of the DLA’s Special Operational Equipment Tailored
Logistics Support (SOE TLS) Program.
NOBLE is a DLA-designated provider for the SOE TLS
Program. This 10-year program, capped
at $33 billion, covers the delivery
of logistics support to federal agencies,
military bases and other DLA customers
worldwide, helping them meet their SOE requirements.
“It’s an honor to supply the United States Air Force with the
Teal 2 sUAS,” said Red Cat CEO Jeff Thompson. “The Teal 2’s
industry-leading night-vision capabilities will be a strong
asset in helping the Air
Force to secure airfields and bases after
dark.”
Approved by the U.S. Department of Defense as Blue UAS and
available to purchase through the federal government’s GSA
Advantage website, the Teal 2 is designed to Dominate the Night™ 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 features the latest
intelligence, surveillance and reconnaissance technology,
delivering time-critical information and enabling operators to make
faster, smarter decisions. The system offers multi-vehicle control
and artificial intelligence capabilities.
Officially launched in April, early-adopter customers
for the Teal 2 have included U.S. Customs and Border
Protection, which has taken delivery
of 54 systems, and the North Carolina Division of
Emergency Management, which
has purchased 10 systems for Civil
Air Patrol’s North Carolina Wing.
Thompson will discuss the DLA purchase order during Red Cat’s
presentation at the Canaccord Genuity 43rd Annual Growth Conference
in Boston on Wednesday, August 9, at 3 p.m. ET. Register for the
webcast here.
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 drone technology company integrating robotic hardware
and software for military, government and commercial operations.
Red Cat’s solutions are designed to “Dominate the Night™” and
include the Teal 2, a small unmanned system offering the
highest-resolution thermal imaging in its class. Learn more at
www.redcatholdings.com.
About NOBLENOBLE drives mission success with
world-class products, logistics, services, and training through
accelerated procurement. The company's footprint includes operation
centers, distribution centers, and consolidation points positioned
to expedite delivery and enhance global product availability. In
addition to distributing 13,000 manufacturer brands, NOBLE offers
specialized technical and training services for customers. The
company's capabilities include supply and support for Aerospace,
C5ISR, CBRNE, Expeditionary, MRO, and Tactical requirements. NOBLE
uses an established supply chain, existing vendor relationships,
and a vast catalog to lower costs and increase selection and
availability. As a result, NOBLE reduces the cost of readiness
while maintaining the ability to respond rapidly to today's
challenges.
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.
ContactsNEWS MEDIA:Dalton AgencyPhone: (615)
515-4891Email: redcat@daltonagency.com
INVESTORS:CORE IRPhone: (516) 222-2560Email:
investors@redcat.redWebsite: https://www.redcatholdings.com
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