{"id":2774,"date":"2023-02-02T16:53:27","date_gmt":"2023-02-02T16:53:27","guid":{"rendered":"https:\/\/redcat.red\/?post_type=press_releases&#038;p=2774"},"modified":"2023-02-02T17:01:07","modified_gmt":"2023-02-02T17:01:07","slug":"utah-gov-visits-red-cat-holdings-subsidiary-teal-drones-to-discuss-state-support-for-local-defense-industry","status":"publish","type":"press_releases","link":"https:\/\/redcat.red\/press_releases\/utah-gov-visits-red-cat-holdings-subsidiary-teal-drones-to-discuss-state-support-for-local-defense-industry\/","title":{"rendered":"Utah Gov. Visits Red Cat Holdings Subsidiary Teal Drones to Discuss State Support for Local Defense Industry"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2774\" class=\"elementor elementor-2774\" data-elementor-post-type=\"press_releases\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c887ee9 animated-fast elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-invisible\" data-id=\"c887ee9\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;background_motion_fx_motion_fx_scrolling&quot;:&quot;yes&quot;,&quot;background_motion_fx_translateY_effect&quot;:&quot;yes&quot;,&quot;background_motion_fx_translateY_speed&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:1.3000000000000000444089209850062616169452667236328125,&quot;sizes&quot;:[]},&quot;background_motion_fx_range&quot;:&quot;viewport&quot;,&quot;animation&quot;:&quot;fadeIn&quot;,&quot;background_motion_fx_translateY_affectedRange&quot;:{&quot;unit&quot;:&quot;%&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:{&quot;start&quot;:0,&quot;end&quot;:100}},&quot;background_motion_fx_devices&quot;:[&quot;desktop&quot;,&quot;tablet&quot;,&quot;mobile&quot;]}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-876328c\" data-id=\"876328c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-113398f6 elementor-widget elementor-widget-heading\" data-id=\"113398f6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Press Release<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3b098fca elementor-widget elementor-widget-heading\" data-id=\"3b098fca\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Utah Gov. Visits Red Cat Holdings Subsidiary Teal Drones to Discuss State Support for Local Defense Industry<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3045a742 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"3045a742\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-27ba9ca4\" data-id=\"27ba9ca4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-118dd506 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"118dd506\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-74c0689\" data-id=\"74c0689\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-23ed3fd9\" data-id=\"23ed3fd9\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d75407f elementor-widget elementor-widget-text-editor\" data-id=\"d75407f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"preFade fadeIn\" align=\"center\"><strong><em>Gov. Cox\u2019s tour of Teal\u2019s Salt Lake City HQ was organized by newly created Utah Aerospace and Defense Association<\/em><\/strong><\/p><p align=\"left\">SAN JUAN, Puerto Rico, Feb. 02, 2023 (GLOBE NEWSWIRE) &#8212; Red Cat Holdings, Inc. (Nasdaq: RCAT) (\u201cRed Cat\u201d or the \u201cCompany\u201d), a military technology company integrating robotic hardware and software to protect and support the warfighter, reports that\u00a0<a title=\"Utah Gov. Spencer Cox\" href=\"https:\/\/www.globenewswire.com\/Tracker?data=NoMBAaDLhJGS84lEj1D-3Qs29KWZRogewZvaL0gxY4yP1RYK7rNMocXLUCpgV0DT8bE-mPOzlNDjb--MVSZiVmCqbzkxIV54P4-EtnmomQo=\" target=\"_blank\" rel=\"nofollow noopener\">Utah Gov. Spencer Cox<\/a>\u00a0recently toured the Salt Lake City HQ of Red Cat subsidiary\u00a0<a title=\"Teal Drones\" href=\"https:\/\/www.globenewswire.com\/Tracker?data=-WVDdEAp1zIIMv8fJV63rQ8YEAtYQYwU6qGEBxpRerOMjrEjjiEFQXSzajiPB_DmQEEHI_7qd88fzsldGx_adg==\" target=\"_blank\" rel=\"nofollow noopener\">Teal Drones<\/a>.<\/p><p>The visit, which took place on Jan. 25, was designed to help educate the governor on Teal\u2019s operations, the company\u2019s impact on the national aerospace and defense industries, and the opportunities and challenges facing the local industries in Utah.<\/p><p>\u201cWe discussed ways in which the state can support our efforts across regulation and deployments,\u201d said Teal Founder and CEO George Matus. \u201cThe sky is literally the limit for Teal, and we\u2019re grateful for the governor\u2019s interest in aiding the growth of our company and Utah\u2019s broader aerospace and defense sector.\u201d<\/p><p>Gov. Cox\u2019s tour of Teal\u2019s facilities included meet-and-greets with various department heads, enabling the governor to learn more about engineering, testing, manufacturing, supply chain and compliance for Teal\u2019s military-grade drone products.<\/p><p>&#8220;For far too long, we have ceded the building of drones to China and other places,\u201d said Gov. Cox. \u201cWe are bringing that back and Utah is at the center of that. Teal is an incredible company that is making a difference with defense-focused drones.\u201d<\/p><p>Teal is certified as \u201c<a title=\"Blue UAS\" href=\"https:\/\/www.globenewswire.com\/Tracker?data=atomvGU1Gn9q5_Aa4n8x2yWIdvUZLIbdcjqITk4dV_ffN__LXADPqW2IuGszchVUStaImfvMxEOSl1edxHvRFd_dwmljKMh9Zj97yAHiUl0=\" target=\"_blank\" rel=\"nofollow noopener\">Blue UAS<\/a>,\u201d a designation awarded to select manufacturers authorized to provide equipment to the U.S. military. Teal is also one of only three drone manufacturers invited to participate in the U.S. Army\u2019s\u00a0<a title=\"Short Range Reconnaissance Tranche 2 (SRR T2)\" href=\"https:\/\/www.globenewswire.com\/Tracker?data=KSXEYphc1F0uxt07bVDNl6tSe2LLTU1YQOp3Hy1gCYzP9HqNvq0KIPtPb5Fv2ieZcx6Yw_KKqXR3ty95eA3ynqEShnIn1gLRSwtkdeozWVnl8syOByr8cGwO5HXzfwn_2ttxL4jy_eblx6o-bTQXQXhe8e5GxlggavLNCzvK3Mn6d6pE5oPeVcr3NWtX7Clk\" target=\"_blank\" rel=\"nofollow noopener\">Short Range Reconnaissance Tranche 2 (SRR T2)<\/a>. The SRR T2 program seeks to deliver a portable small uncrewed aerial system (sUAS) that can be used by army platoons for surveillance and reconnaissance duties, as well as to improve situational awareness.<\/p><p>Gov. Cox\u2019s visit to Teal HQ was organized by the newly created\u00a0<a title=\"Utah Aerospace and Defense Association (UADA)\" href=\"https:\/\/www.globenewswire.com\/Tracker?data=382gRKP1ABs2pBmrTTtrb1Mj6kiqMiIozq-1HaRU74UFO0ehMzh5mRZ5FDIUtbxaxAoszF786VtcGcQqquc8SsMydUa21Gg1U4wOT9kpIZ1bMRLr_QtC1cdI0dhA-ZqD\" target=\"_blank\" rel=\"nofollow noopener\">Utah Aerospace and Defense Association (UADA)<\/a>, of which the governor is a strong supporter. UADA was established in 2022 to solve challenges associated with innovation, entrepreneurship, workforce development and supply chains for companies in the aerospace and defense industries. According to its website, UADA is working with the governor\u2019s office, the Utah System of Higher Education and industry leaders in \u201cBuilding the World\u2019s Premier Ecosystem for Aerospace &amp; Defense Companies in Utah.\u201d<\/p><p>\u201cTeal is deepening its relationship with UADA to help accelerate the rebuilding of America\u2019s defense industrial base, specifically for drones,\u201d said Matus. \u201cUADA has expressed its support for our company and we look forward to a continued relationship with the association and the governor\u2019s office.\u201d<\/p><p><strong>About Red Cat Holdings, Inc.<\/strong><br \/>Red Cat (Nasdaq: RCAT) is a military technology company that integrates robotic hardware and software to provide critical situational awareness and actionable intelligence to on-the-ground warfighters and battlefield commanders. Its mission is to enhance the effectiveness and safety of military operations domestically and globally \u2013 and to \u201cDominate the Night.\u201d Red Cat\u2019s suite of solutions includes Teal Drones, developer of the Golden Eagle, a small unmanned system with the highest resolution imaging for nighttime operations, and Skypersonic, a leading provider of unmanned aircraft for interior spaces and other dangerous environments. Learn more at\u00a0<a title=\"\" href=\"https:\/\/www.globenewswire.com\/Tracker?data=ZBjhpDZ1oOMG6oU1L5b2c5gADgImnAi4iZaEB6Wq8gz3en9Xi9yM0H-Bqd4gKpbnlLcbIx5x0H9tu99wLo1pi8SqImacLqOLqOPcaZLdK-BDHTHTI-pc5TTUxqpdU4zI\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/nng.139.myftpupload.com<\/a>.<\/p><p><strong>Forward Looking Statements<\/strong><br \/>This press release contains &#8220;forward-looking statements&#8221; 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 &#8220;anticipate,&#8221; &#8220;believe,&#8221; &#8220;contemplate,&#8221; &#8220;could,&#8221; &#8220;estimate,&#8221; &#8220;expect,&#8221; &#8220;intend,&#8221; &#8220;seek,&#8221; &#8220;may,&#8221; &#8220;might,&#8221; &#8220;plan,&#8221; &#8220;potential,&#8221; &#8220;predict,&#8221; &#8220;project,&#8221; &#8220;target,&#8221; &#8220;aim,&#8221; &#8220;should,&#8221; &#8220;will&#8221; &#8220;would,&#8221; 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.&#8217;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 &#8220;Risk Factors&#8221; 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.<\/p><p><strong>Contacts<\/strong><br \/><u>NEWS MEDIA:<\/u><br \/>Anthony Priwer<br \/>Dalton Agency<br \/>Phone: (615) 515-4891<br \/>Email:\u00a0<a title=\"apriwer@daltonagency.com\" href=\"https:\/\/www.globenewswire.com\/Tracker?data=rF-oB2sUpUwlbXPoPmwr0PezwesoqXQpj9dzPMX8Ft2Db3EPJa-Y5HXr_AihIhT8KOrug3DqvIh5skKV95vl2f5CJMexC3MdZVUQiDR4Mvo=\" target=\"_blank\" rel=\"nofollow noopener\">apriwer@daltonagency.com<\/a><\/p><p><u>INVESTORS:<\/u><br \/>CORE IR<br \/>Phone: (516) 222-2560<br \/>Email:\u00a0<a title=\"investors@redcat.red\" href=\"https:\/\/www.globenewswire.com\/Tracker?data=KV4Ea2aYPsSyReLD3FEDdCBeFgtVbl-w-hDgU-8DI2Xifox8HtTQ_Mzyx7xg181XiYpXZ7ngTzmqW7ajPJbA-3l1j5g64NUUAUPWhlIA_N0=\" target=\"_blank\" rel=\"nofollow noopener\">investors@redcat.red<\/a>\u00a0\u00a0\u00a0<a title=\"\" href=\"https:\/\/www.globenewswire.com\/Tracker?data=hUTLvafBl38cR54No53aY_gFCTJ5ZjM6AZ8PrZRv04QMw3FUgKx5UBgi7RyjsytI6u1nrMilCaPD9KYvzrtS1Q==\" target=\"_blank\" rel=\"nofollow noopener\"><br \/><\/a>Website:\u00a0<a title=\"\" href=\"https:\/\/www.globenewswire.com\/Tracker?data=ZBjhpDZ1oOMG6oU1L5b2c5gADgImnAi4iZaEB6Wq8gxAXAyacRzT8Iw7vWBUQXM4XQOUVq4v67uJ9gymIXN-7oQLp7JEADh3E1OMP06C_4vpwVpUv-cZMcloASafxZdQ\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/nng.139.myftpupload.com<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-7564ad9d\" data-id=\"7564ad9d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"featured_media":2775,"template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"_links_to":"","_links_to_target":""},"class_list":["post-2774","press_releases","type-press_releases","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Utah Gov. Visits Red Cat Holdings Subsidiary Teal Drones to Discuss State Support for Local Defense Industry - Red Cat<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/redcat.red\/press_releases\/utah-gov-visits-red-cat-holdings-subsidiary-teal-drones-to-discuss-state-support-for-local-defense-industry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Utah Gov. Visits Red Cat Holdings Subsidiary Teal Drones to Discuss State Support for Local Defense Industry - Red Cat\" \/>\n<meta property=\"og:description\" content=\"Press Release Utah Gov. Visits Red Cat Holdings Subsidiary Teal Drones to Discuss State Support for Local Defense Industry Gov. 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