Red Cat Holdings Selected by U.S. Army for Short Range Reconnaissance Tranche 2 Drone Program

Red Cat Holdings, Inc. (Nasdaq: RCAT) (Red Cat" or the Company"), a hardware-enabled software provider to the drone industry, announces that its subsidiary Teal Drones (Teal) has been selected by the Department of Defense's (DoD) Defense Innovation Unit (DIU) and U.S. Army to compete in the Short Range Reconnaissance Tranche 2 (SRR T2) Program of Record. [...]