Event
Red Cat closes acquisition of FlightWave Aerospace Systems
Key points
- Red Cat closed its acquisition of FlightWave Aerospace Systems.
- The acquisition brought the Edge 130 Blue VTOL tricopter into Red Cat's family of portable unmanned reconnaissance and precision-strike systems.
- Red Cat said it would begin ramping Edge 130 manufacturing during the quarter.
Company context
Red Cat is a U.S.-listed drone and robotics company focused on defence, national security, government, and public-safety unmanned systems. Through Teal Drones and FlightWave Aerospace, the company builds American-made small UAS hardware and related software.
Context
- Company
- Red Cat
- Segment
- Defence
- Event type
- Acquisition
- Geography
- San Juan · Puerto Rico