Red Cat Names Tough Stump Technologies as DoD Training Provider
16 Agosto 2023 - 9:00AM
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 Tough Stump Technologies as its primary training provider
for customers including the U.S. Department of Defense (DoD).
Tough Stump, a situational awareness systems company, will also
consult on ATAK app integration for Red Cat systems, and on testing
and evaluation of new product capabilities. In addition, Red Cat
will support Tough Stump in further expanding the Tough Stump
Rodeo, an innovative trade show and conference where
mission-technology solutions are demonstrated in the field, instead
of a convention center.
“Tough Stump is a trusted partner for Red Cat because it’s a
veteran-owned business with more than 150 years of combined
experience across all branches of the U.S. military,” said George
Matus, CEO of Red Cat subsidiary Teal Drones. “Red Cat’s new
military-grade drone, the Teal 2, is the smartest choice for sUAS
missions, and Tough Stump has the testing and training expertise to
prepare our customers for mission success.”
DoD-approved as Blue UAS and now available to purchase through
the U.S. 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 offers the latest
intelligence, surveillance and reconnaissance
technology.
At the 2023 Tough Stump Rodeo, held in remote Montana in June,
Tough Stump worked with Red Cat to integrate the Teal 2 into the
ATAK app, command and control the drone using the UAS Tool within
ATAK, and disseminate intelligence test data to 12 countries around
the world.
The Tough Stump Rodeo is designed for military and government
professionals seeking technology solutions to increase mission
effectiveness while improving the safety of personnel. The event’s
location, near Alder, Montana, simulates challenging mission
environments over a 40-mile area, and has limited internet access,
which provides opportunities for testing radio communication
systems.
“Tough Stump Rodeo is a first-of-its-kind trade show where
solutions are stress-tested in real-world conditions and there are
no salespeople because the technology has to sell itself,” said
Tough Stump Co-Founder and COO Ben Brown. “Attendees tell us the
rodeo sets the standard for what a trade show should be, and Tough
Stump looks forward to working with Red Cat to continue growing the
event in 2024."
The fourth annual Tough Stump Rodeo will be held in June 2024.
Military and government personnel, and vendors, can register their
interest by emailing rodeo@toughstump.com. For more information,
visit https://toughstump.com/rodeo-2024.
To watch a highlights video from the 2023 Tough Stump
Rodeo, 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. 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: Dalton
Agency Phone: (615) 515-4891 Email:
redcat@daltonagency.com
INVESTORS: CORE IR Phone: (516) 222-2560 Email:
investors@redcat.red Website:
https://www.redcatholdings.com
Video available
here: https://www.globenewswire.com/NewsRoom/AttachmentNg/12f12f78-d622-47db-af49-5fc52d93518a
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