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Red Cat Signs Definitive Agreement to Acquire Skypersonic and its Fly Anywhere Drone Technologies

Red Cat Signs Definitive Agreement to Acquire Skypersonic and its Fly Anywhere Drone Technologies

ORLANDO, Fla., Feb. 16, 2021 /PRNewswire/  Red Cat Holdings, Inc. (OTC: RCAT) (Red Cat or the Company), a leading brand in the drone industry, announced the signing of a definitive agreement to acquire Skypersonic, Inc., a provider of drone products and software solutions that enable drone inspection flights that can be executed by pilots anywhere in

Red Cat signs Letter of Intent to acquire Skypersonic Inc , the developer of a remote transoceanic piloting software system for the drone industry

Red Cat Holdings Files Application for Listing on NASDAQ Capital Market

Troy s Skypersonic Completes Long Distance Drone Flight Remotely

DBusiness Magazine Troy’s Skypersonic Completes Long Distance Drone Flight Remotely Troy’s Skypersonic and Florida-based Red Cat Holdings Inc. — both companies work on unmanned aerial vehicles — successfully completed a recent drone flight in Detroit that was controlled from Florida. Skypersonic’s Skycopter UAC, the drone pictured, was controlled from Florida during a Detroit flight. // Photo courtesy of Red Cat Holdings Inc. Troy’s Skypersonic and Florida-based Red Cat Holdings Inc. — both companies work on unmanned aerial vehicles — successfully completed a recent drone flight in Detroit that was controlled from Florida. The firms believe the program represented the first commercial completion of a remote flight. Moving forward, the two entities plan to drive commercial activity with the technology, including among military clients.

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