Red Cat Holdings, Inc. announced a total of $2.5 million in new contract awards with two NATO allied countries. As part of its expanded global sales strategy, Red Cat will provide the new customers with Teal 2 drone systems, training, and accessories with an anticipated delivery by the end of March. Red Cat subsidiary Teal Drones manufactures the Company?s Teal 2 platform, which is cost-effective, man-portable, and optimized for night-time use.

It is designed to support U.S. and allied military operations, public safety organizations, and government agencies in a variety of environments. The platform is both Blue UAS Certified and FAA Remote ID approved. These contract awards underscore Red Cat?s focus on expanding global sales.

As part of that strategy, Red Cat will be exhibiting at the FIDAE 2024 conference in Santiago, Chile in April to amplify its international business development and push further into markets and geographies including LATAM, Middle East and Indo-Pacific.