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, Inc. (OTCQB: RCAT) (Red Cat"), announced the signing of a letter of intent to acquire Skypersonic Inc., a provider of drone products and software solutions. Skyloc is a stand-alone, real time, software monitoring system which enables a drone to be operated from thousands of miles away from where it is being flown. Skycopter [...]