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Red Cat clocks record revenue in Q1 2024 — as U.S. government keeps ordering more drones
The first quarter of fiscal year 2023 was a record breaker for Red Cat, the parent company of Teal (which is most famously known for its Teal 2 drone). Red Cat, which is based in Puerto Rico,...
Army Selects Textron, Griffon Aerospace To Continue On Future Tactical UAS Competition
Textron Systems’ Aerosonde Mk. 4.8 Hybrid Quad UAS. Photo: Army’s PEO Aviation The Army has chosen Textron Systems [TXT] and Griffon Aerospace to move forward in the Future Tactical UAS...