Red Cat to Supply FlightWave Edge 130 Blue Systems to Royal Australian Navy
Red Cat Holdings (Nasdaq: RCAT) has secured a contract to supply 12 FlightWave Edge 130 Blue systems to the Royal Australian Navy through Criterion Solutions Pty The Edge 130 Blue, acquired through Red Cat's September 2024 acquisition of FlightWave, is a military-grade tricopter designed for long-range surveillance and reconnaissance.
The system features 60+ minute flight time, weighs 1200g, and can be assembled and launched by a single user in one minute. This contract expands Red Cat's relationship with Australian defense forces, strengthening their presence in the Indo-Pacific region's defense sector.
Red Cat Holdings (Nasdaq: RCAT) ha ottenuto un contratto per fornire 12 sistemi FlightWave Edge 130 Blue alla Royal Australian Navy attraverso Criterion Solutions Pty. L'Edge 130 Blue, acquisito tramite l'acquisizione di FlightWave da parte di Red Cat nel settembre 2024, è un tricottero di grado militare progettato per sorveglianza a lungo raggio e ricognizione.
Il sistema presenta oltre 60 minuti di tempo di volo, pesa 1200g e può essere assemblato e lanciato da un singolo utente in un minuto. Questo contratto amplia la relazione di Red Cat con le forze di difesa australiane, rafforzando la loro presenza nel settore della difesa della regione Indo-Pacifico.
Red Cat Holdings (Nasdaq: RCAT) ha conseguido un contrato para suministrar 12 sistemas FlightWave Edge 130 Blue a la Royal Australian Navy a través de Criterion Solutions Pty. El Edge 130 Blue, adquirido mediante la adquisición de FlightWave por parte de Red Cat en septiembre de 2024, es un tricóptero de grado militar diseñado para vigilancia y reconocimiento a largo alcance.
El sistema cuenta con más de 60 minutos de tiempo de vuelo, pesa 1200g y puede ser ensamblado y lanzado por un solo usuario en un minuto. Este contrato amplía la relación de Red Cat con las fuerzas de defensa australianas, fortaleciendo su presencia en el sector de defensa de la región Indo-Pacífico.
레드 캣 홀딩스 (Nasdaq: RCAT)는 Criterion Solutions Pty를 통해 호주 왕립 해군에 플라이트웨이브 엣지 130 블루 시스템 12대를 공급하는 계약을 체결했습니다. 엣지 130 블루는 레드 캣이 2024년 9월에 플라이트웨이브를 인수함으로써 획득한 군용 급 트리콥터로, 장거리 정찰 및 감시를 위해 설계되었습니다.
이 시스템은 60분 이상의 비행 시간을 제공하며, 무게는 1200g이고, 단일 사용자가 1분 안에 조립하여 발사할 수 있습니다. 이 계약은 레드 캣과 호주 방위군 간의 관계를 확대하여 인도-태평양 지역 방위 부문에서의 입지를 강화합니다.
Red Cat Holdings (Nasdaq: RCAT) a obtenu un contrat pour fournir 12 systèmes FlightWave Edge 130 Blue à la Royal Australian Navy via Criterion Solutions Pty. L'Edge 130 Blue, acquis lors de l'achat de FlightWave par Red Cat en septembre 2024, est un tricotère de qualité militaire conçu pour la surveillance et la reconnaissance à longue portée.
Le système offre plus de 60 minutes de temps de vol, pèse 1200g et peut être assemblé et lancé par un utilisateur en une minute. Ce contrat renforce la relation de Red Cat avec les forces de défense australiennes, consolidant leur présence dans le secteur de la défense de la région Indo-Pacifique.
Red Cat Holdings (Nasdaq: RCAT) hat einen Vertrag über die Lieferung von 12 FlightWave Edge 130 Blue Systemen an die Royal Australian Navy über Criterion Solutions Pty gesichert. Der Edge 130 Blue, der durch die Akquisition von FlightWave durch Red Cat im September 2024 erworben wurde, ist ein militärischer Trikopter, der für Langstreckensurveillance und Aufklärung konzipiert ist.
Das System bietet eine Flugzeit von über 60 Minuten, wiegt 1200g und kann von einem einzelnen Benutzer innerhalb von einer Minute montiert und gestartet werden. Dieser Vertrag erweitert die Beziehung von Red Cat zu den australischen Streitkräften und stärkt deren Präsenz im Verteidigungssektor der Indo-Pazifik-Region.
- Secured new contract with Royal Australian Navy for 12 FlightWave Edge 130 Blue systems
- Strategic expansion into Australian defense market
- Recent acquisition of FlightWave strengthens product portfolio
- None.
Insights
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The timing of this contract, following Red Cat's September 2024 acquisition of FlightWave, validates their M&A strategy. This positions Red Cat to capitalize on the growing demand for military-grade surveillance drones, especially in maritime operations. The Blue UAS certification adds credibility and opens doors for additional military contracts globally.
The Edge 130 Blue's specifications are particularly well-suited for maritime operations, offering a strategic advantage in littoral environments. Key technical differentiators include:
- One-minute assembly and hand-launch capability by a single operator
- Industry-leading 60+ minute flight endurance
- Vertical takeoff and landing (VTOL) functionality
Company expands relationship with Australian Defense Force
SAN JUAN, Puerto Rico, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, today announced a new contract and order for 12 of its FlightWave Edge 130 Blue system from the Royal Australian Navy. The contract was secured through Criterion Solutions Pty Ltd., an Australian-based distributor of intelligence, surveillance, reconnaissance and information technology solutions.
FlightWave, an industry-leading provider of VTOL drone, sensor and software solutions was acquired by Red Cat in September 2024. The acquisition brought FlightWave’s flagship drone, the Edge 130 Blue into its family of low-cost, portable unmanned reconnaissance and precision lethal strike systems. FlightWave’s size, weight and vertical take off capabilities makes it ideal for maritime operations and littoral environments.
“Our mission is to equip warfighters around the globe with cutting-edge sUAS technology. The Edge 130 Blue, with its advanced long-range surveillance and reconnaissance capabilities, offers a significant advantage in maritime and other challenging environments,” stated Jeff Thompson, CEO of Red Cat. “We are excited to expand our partnership with the Australian defense forces through this initial tranche of Edge 130 units. Their investment in small ISR and precision strike drones is vital for enhancing security and stability in the Indo-Pacific region.”
The Edge 130 Blue is a UAS-certified military-grade tricopter for long-range mapping, inspection, surveillance, and reconnaissance needs. 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. Weighing in at only 1200g, the Edge has a 60+ minute flight time in forward mode, an industry-leading endurance among all other Blue UAS-approved drones available.
Earlier this month, Red Cat introduced its ARACHNID™ family of unmanned intelligence, surveillance, and reconnaissance (ISR) and precision strike systems at AUSA 2024 Annual Meeting and Exposition in Washington D.C. As part of its ongoing innovation, Red Cat’s product roadmap includes TRICHON™, which will build upon the FlightWave Edge 130 Blue.
About Red Cat, Inc.
Red Cat (Nasdaq: RCAT) is a drone technology company integrating robotic hardware and software for military, government, and commercial operations. 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 industry's first line of NDAA compliant FPV drones optimized for military operations with precision strike capabilities. Learn more at www.redcat.red.
About FlightWave
FlightWave Aerospace Systems Corporation is an industry leading manufacturer of dual-use VTOL drones, sensors and software solutions located in Santa Monica, CA. FlightWave designs and manufactures the Edge 130 VTOL drone and payload cameras for the commercial, defense, security, and intelligence markets. The fully-autonomous Edge 130 sUAS has the best flight endurance in the industry and with AI edge compute capabilities, provides superior aerial data capture to both the commercial and defense markets.
Forward-Looking Statements
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.
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