{"id":3693,"date":"2023-11-07T21:07:38","date_gmt":"2023-11-07T21:07:38","guid":{"rendered":"https:\/\/redcat.red\/?post_type=press_releases&p=3693"},"modified":"2023-12-15T21:18:27","modified_gmt":"2023-12-15T21:18:27","slug":"red-cat-reports-preliminary-record-revenue-30-above-guidance-for-second-quarter-of-fiscal-2024","status":"publish","type":"press_releases","link":"https:\/\/redcat.red\/press_releases\/red-cat-reports-preliminary-record-revenue-30-above-guidance-for-second-quarter-of-fiscal-2024\/","title":{"rendered":"Red Cat Reports Preliminary Record Revenue 30% Above Guidance for Second Quarter of Fiscal 2024"},"content":{"rendered":"\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t
<\/div>\n\t\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t

Press Release<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t

Red Cat CEO to Speak at the Partnership for Drone Competitiveness\u2019 Launch Commemoration Outside the U.S. Capitol<\/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
\n\t\t\t\t\t\t\t
<\/div>\n\t\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t
JEFF THOMPSON TO JOIN THE ASSOCIATION FOR UNCREWED VEHICLE SYSTEMS INTERNATIONAL, INDUSTRY LEADERS, AND MEMBERS OF CONGRESS DURING NOVEMBER 14TH PRESS CONFERENCE<\/h6>

SAN JUAN, Puerto Rico, Nov. 13, 2023 (GLOBE NEWSWIRE) —\u00a0Red Cat Holdings, Inc.<\/a>\u202f(Nasdaq: RCAT) (\u201cRed Cat\u201d or the \u201cCompany\u201d), a drone technology company integrating robotic hardware and software for military, government and commercial operations, announces CEO Jeff Thompson will be a featured speaker at the Association for Uncrewed Vehicle Systems International\u2019s Partnership for Drone Competitiveness press conference to be held in Washington, D.C. at 1pm ET on November 14, 2023. The event commemorates the recent launch of the alliance at the House Triangle outside of the Capitol and will feature leading U.S. drone companies and members of Congress.<\/p>

The Partnership for Drone Competitiveness, established in September 2023, is a coalition of U.S. drone companies and manufacturers focused on enhancing the U.S. drone industry, and on reducing the country\u2019s reliance on Chinese drones. Its premise is \u201cthat stronger U.S. leadership in this industry is better for everyone.\u201d The press conference will also focus on supporting legislation advancing U.S. competitiveness in the drone industry, such as the American Security Drone Act that will help create new opportunities for domestic\/allied drone manufacturers in foreign subsidized competition.<\/p>

\u201cParticipating in the Partnership for Drone Competitiveness reinforces our dedication to building a stronger domestic drone base,\u201d stated Jeff Thompson, Red Cat\u2019s Founder and CEO. \u201cWe sincerely believe this coalition will strengthen U.S. manufacturing and provide better solutions for both public and private organizations. Drones made in China bring known and unknown security threats, yet many federal agencies and law enforcement agencies across the country rely heavily on such drones in their daily operations.\u00a0Red Cat emphatically endorses the mission of this Partnership to increase awareness of such risks and to eliminate the use of foreign drones in the public sector.\u201d<\/p>

Red Cat subsidiary Teal Drones offers an affordable, man-portable drone solution, Teal 2, that is designed to \u201cDominate the Night\u2122<\/a>.\u201d It has best-in-class night vision camera, fully modular design, multi-vehicle control, and artificial intelligence capabilities.<\/p>

Teal Drones, based in Salt Lake City, Utah, has a 25,000 square foot manufacturing facility where Teal 2 is built. Teal 2 is designed to support U.S. military operations, public safety organizations, and U.S. government agencies in a variety of environments. It is both Blue UAS Certified, which means it is approved by the Department of Defense, and FAA Remote ID approved.<\/p>

For more information on the Partnership for Drone Competitiveness, please visit the coalition\u2019s\u00a0website<\/a>.<\/p>

About Red Cat Holdings, Inc.\u202f<\/strong>\u202f\u00a0
Red Cat (Nasdaq: RCAT) is a drone technology company integrating robotic hardware and software for military, government and commercial operations. Red Cat\u2019s solutions are designed to \u201cDominate the Night\u2122<\/a>\u201d and include the Teal 2, a small unmanned system offering the highest-resolution thermal imaging in its class. Learn more at\u00a0www.redcatholdings.com<\/a>.\u00a0<\/p>

Forward-Looking Statements<\/strong>\u202f\u00a0
This press release contains “forward-looking statements” 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 “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will,” “would,” 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.’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 “Risk Factors” 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.\u202f\u00a0<\/p>

Contacts<\/strong>\u00a0<\/p>

NEWS MEDIA:\u00a0
CORE Public Relations
Phone: (516) 222-2560\u00a0
Email:\u00a0media@redcat.red<\/a><\/p>

INVESTORS:\u00a0
CORE IR\u00a0
Phone: (516) 222-2560\u00a0
Email:\u00a0investors@redcat.red<\/a>
Website:\u00a0https:\/\/www.redcatholdings.com<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t
<\/div>\n\t\t<\/div>\n\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
\n\t\t\t
\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":3166,"template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"_links_to":"","_links_to_target":""},"class_list":["post-3693","press_releases","type-press_releases","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\nRed Cat Reports Preliminary Record Revenue 30% Above Guidance for Second Quarter of Fiscal 2024 - 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\/red-cat-reports-preliminary-record-revenue-30-above-guidance-for-second-quarter-of-fiscal-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Red Cat Reports Preliminary Record Revenue 30% Above Guidance for Second Quarter of Fiscal 2024 - Red Cat\" \/>\n<meta property=\"og:description\" content=\"Press Release Red Cat CEO to Speak at the Partnership for Drone Competitiveness\u2019 Launch Commemoration Outside the U.S. Capitol JEFF THOMPSON TO JOIN THE ASSOCIATION FOR UNCREWED VEHICLE SYSTEMS INTERNATIONAL, […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/redcat.red\/press_releases\/red-cat-reports-preliminary-record-revenue-30-above-guidance-for-second-quarter-of-fiscal-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"Red Cat\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-15T21:18:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/redcat.red\/wp-content\/uploads\/2023\/09\/redcat-qut-bg.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"837\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/redcat.red\/press_releases\/red-cat-reports-preliminary-record-revenue-30-above-guidance-for-second-quarter-of-fiscal-2024\/\",\"url\":\"https:\/\/redcat.red\/press_releases\/red-cat-reports-preliminary-record-revenue-30-above-guidance-for-second-quarter-of-fiscal-2024\/\",\"name\":\"Red Cat Reports Preliminary Record Revenue 30% Above Guidance for Second Quarter of Fiscal 2024 - Red Cat\",\"isPartOf\":{\"@id\":\"https:\/\/redcat.red\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/redcat.red\/press_releases\/red-cat-reports-preliminary-record-revenue-30-above-guidance-for-second-quarter-of-fiscal-2024\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/redcat.red\/press_releases\/red-cat-reports-preliminary-record-revenue-30-above-guidance-for-second-quarter-of-fiscal-2024\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/redcat.red\/wp-content\/uploads\/2023\/09\/redcat-qut-bg.jpg\",\"datePublished\":\"2023-11-07T21:07:38+00:00\",\"dateModified\":\"2023-12-15T21:18:27+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/redcat.red\/press_releases\/red-cat-reports-preliminary-record-revenue-30-above-guidance-for-second-quarter-of-fiscal-2024\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/redcat.red\/press_releases\/red-cat-reports-preliminary-record-revenue-30-above-guidance-for-second-quarter-of-fiscal-2024\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/redcat.red\/press_releases\/red-cat-reports-preliminary-record-revenue-30-above-guidance-for-second-quarter-of-fiscal-2024\/#primaryimage\",\"url\":\"https:\/\/redcat.red\/wp-content\/uploads\/2023\/09\/redcat-qut-bg.jpg\",\"contentUrl\":\"https:\/\/redcat.red\/wp-content\/uploads\/2023\/09\/redcat-qut-bg.jpg\",\"width\":1600,\"height\":837},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/redcat.red\/press_releases\/red-cat-reports-preliminary-record-revenue-30-above-guidance-for-second-quarter-of-fiscal-2024\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/redcat.red\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Press Releases\",\"item\":\"https:\/\/redcat.red\/press-releases\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Red Cat Reports Preliminary Record Revenue 30% Above Guidance for Second Quarter of Fiscal 2024\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/redcat.red\/#website\",\"url\":\"https:\/\/redcat.red\/\",\"name\":\"Red Cat\",\"description\":\"Defining the Future of All Domain Operations\",\"publisher\":{\"@id\":\"https:\/\/redcat.red\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/redcat.red\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/redcat.red\/#organization\",\"name\":\"Red Cat\",\"url\":\"https:\/\/redcat.red\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/redcat.red\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/redcat.red\/wp-content\/uploads\/2022\/12\/logo-main.png\",\"contentUrl\":\"https:\/\/redcat.red\/wp-content\/uploads\/2022\/12\/logo-main.png\",\"width\":232,\"height\":68,\"caption\":\"Red Cat\"},\"image\":{\"@id\":\"https:\/\/redcat.red\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Red Cat Reports Preliminary Record Revenue 30% Above Guidance for Second Quarter of Fiscal 2024 - Red Cat","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/redcat.red\/press_releases\/red-cat-reports-preliminary-record-revenue-30-above-guidance-for-second-quarter-of-fiscal-2024\/","og_locale":"en_US","og_type":"article","og_title":"Red Cat Reports Preliminary Record Revenue 30% Above Guidance for Second Quarter of Fiscal 2024 - Red Cat","og_description":"Press Release Red Cat CEO to Speak at the Partnership for Drone Competitiveness\u2019 Launch Commemoration Outside the U.S. Capitol JEFF THOMPSON TO JOIN THE ASSOCIATION FOR UNCREWED VEHICLE SYSTEMS INTERNATIONAL, […]","og_url":"https:\/\/redcat.red\/press_releases\/red-cat-reports-preliminary-record-revenue-30-above-guidance-for-second-quarter-of-fiscal-2024\/","og_site_name":"Red Cat","article_modified_time":"2023-12-15T21:18:27+00:00","og_image":[{"width":1600,"height":837,"url":"https:\/\/redcat.red\/wp-content\/uploads\/2023\/09\/redcat-qut-bg.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/redcat.red\/press_releases\/red-cat-reports-preliminary-record-revenue-30-above-guidance-for-second-quarter-of-fiscal-2024\/","url":"https:\/\/redcat.red\/press_releases\/red-cat-reports-preliminary-record-revenue-30-above-guidance-for-second-quarter-of-fiscal-2024\/","name":"Red Cat Reports Preliminary Record Revenue 30% Above Guidance for Second Quarter of Fiscal 2024 - Red Cat","isPartOf":{"@id":"https:\/\/redcat.red\/#website"},"primaryImageOfPage":{"@id":"https:\/\/redcat.red\/press_releases\/red-cat-reports-preliminary-record-revenue-30-above-guidance-for-second-quarter-of-fiscal-2024\/#primaryimage"},"image":{"@id":"https:\/\/redcat.red\/press_releases\/red-cat-reports-preliminary-record-revenue-30-above-guidance-for-second-quarter-of-fiscal-2024\/#primaryimage"},"thumbnailUrl":"https:\/\/redcat.red\/wp-content\/uploads\/2023\/09\/redcat-qut-bg.jpg","datePublished":"2023-11-07T21:07:38+00:00","dateModified":"2023-12-15T21:18:27+00:00","breadcrumb":{"@id":"https:\/\/redcat.red\/press_releases\/red-cat-reports-preliminary-record-revenue-30-above-guidance-for-second-quarter-of-fiscal-2024\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/redcat.red\/press_releases\/red-cat-reports-preliminary-record-revenue-30-above-guidance-for-second-quarter-of-fiscal-2024\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/redcat.red\/press_releases\/red-cat-reports-preliminary-record-revenue-30-above-guidance-for-second-quarter-of-fiscal-2024\/#primaryimage","url":"https:\/\/redcat.red\/wp-content\/uploads\/2023\/09\/redcat-qut-bg.jpg","contentUrl":"https:\/\/redcat.red\/wp-content\/uploads\/2023\/09\/redcat-qut-bg.jpg","width":1600,"height":837},{"@type":"BreadcrumbList","@id":"https:\/\/redcat.red\/press_releases\/red-cat-reports-preliminary-record-revenue-30-above-guidance-for-second-quarter-of-fiscal-2024\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/redcat.red\/"},{"@type":"ListItem","position":2,"name":"Press Releases","item":"https:\/\/redcat.red\/press-releases\/"},{"@type":"ListItem","position":3,"name":"Red Cat Reports Preliminary Record Revenue 30% Above Guidance for Second Quarter of Fiscal 2024"}]},{"@type":"WebSite","@id":"https:\/\/redcat.red\/#website","url":"https:\/\/redcat.red\/","name":"Red Cat","description":"Defining the Future of All Domain Operations","publisher":{"@id":"https:\/\/redcat.red\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/redcat.red\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/redcat.red\/#organization","name":"Red Cat","url":"https:\/\/redcat.red\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/redcat.red\/#\/schema\/logo\/image\/","url":"https:\/\/redcat.red\/wp-content\/uploads\/2022\/12\/logo-main.png","contentUrl":"https:\/\/redcat.red\/wp-content\/uploads\/2022\/12\/logo-main.png","width":232,"height":68,"caption":"Red Cat"},"image":{"@id":"https:\/\/redcat.red\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/redcat.red\/wp-json\/wp\/v2\/press_releases\/3693","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/redcat.red\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/redcat.red\/wp-json\/wp\/v2\/types\/press_releases"}],"version-history":[{"count":10,"href":"https:\/\/redcat.red\/wp-json\/wp\/v2\/press_releases\/3693\/revisions"}],"predecessor-version":[{"id":3708,"href":"https:\/\/redcat.red\/wp-json\/wp\/v2\/press_releases\/3693\/revisions\/3708"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/redcat.red\/wp-json\/wp\/v2\/media\/3166"}],"wp:attachment":[{"href":"https:\/\/redcat.red\/wp-json\/wp\/v2\/media?parent=3693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}