<ul><li>Red Cat Holdings, Inc. (Nasdaq: RCAT), through its subsidiary Teal Drones, has been selected as the production provider for the U.S. Army’s Short Range Reconnaissance (SRR) Program of Record.</li><li>Teal’s next-generation small uncrewed aerial systems (sUAS), named Black Widow and WEB, stood out in the selection process due to soldier feedback, technical performance, scalability, and cost.</li><li>The U.S. Army aims to acquire 5,880 systems over the next five years.</li><li>The selection reflects Red Cat's focus on advancing drone technologies and their collaboration with Palladyne AI Corp to integrate artificial intelligence capabilities into their platforms.</li></ul>

U.S. Army Selects Red Cat’s Teal Drones for Short Range Reconnaissance Program

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