Red Cat Secures $1.6 Million In Contracts for its FlightWave Edge 130 Blue

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Summary

The contract was secured through Darley, a leading distributor of equipment and technology to first responders and the military, and was coordinated for procurement by the U.S. Defense Logistics Agency (DLA) on behalf of CBP. The acquisition brings FlightWave’s flagship drone, the Edge 130 Blue into its family of low-cost, portable unmanned reconnaissance and precision lethal strike systems. “We are excited to continue our relationship with the U.S. Customs & Border Protection, the largest federal law enforcement agency that already uses our Teal 2 drones for enhanced situational awareness with supplemental airborne reconnaissance, surveillance and tracking,” said Jeff Thompson, Red Cat CEO. Designed specifically for government and military applications, the Edge 130 Blue can be assembled and hand-launched in just one minute by a single user to capture high-accuracy aerial imagery with medium-range autonomy. Through two wholly owned subsidiaries, Teal Drones and FlightWave Aerospace, Red Cat has developed a bleeding-edge Family of ISR and Precision Strike Systems including the Teal 2, a small unmanned system offering the highest-resolution thermal imaging in its class, the Edge 130 Blue Tricopter for extended endurance and range, and FANG™, the industrys first line of NDAA compliant FPV drones optimized for military operations with precision strike capabilities.

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Amount $1.6M Total raised
Date October 8, 2024 Announcement date
Investors - Lead investors
Company http://www.Inc.Red Funded company

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