Red Cat Holdings, Inc. (Nasdaq: RCAT) recently made its debut into the Latin America (LATAM) defense and security market, a continuation of the firm’s global expansion efforts among U.S. allies.
The Teal 2 drone is built by Red Cat subsidiary Teal Drones, based in Salt Lake City, Utah, and is an affordable, man-portable, drone solution that is designed to “Dominate the Night™.” Additionally, Teal 2 has a best-in-class night vision camera, offers a fully modular design, multi-vehicle control, and AI capabilities.
The drone is designed to support U.S. military operations, public safety organizations and U.S. Government (USG) agencies in a variety of environments. The Teal 2 is Blue UAS Certified, which means approval from the Department of Defense (DoD), and Federal Aviation Administration (FAA) Remote ID approved.
Additionally, Teal Drones is competing in the U.S. Army’s Short Range Reconnaissance program, where it is developing a new, small unmanned aircraft system (sUAS) prototype. The winning vendors(s) will be selected to produce a rucksack-portable sUAS to provide Army platoons with a rapidly deployable surveillance and reconnaissance capability to gain situational awareness beyond the next terrain feature.
“Latin America has unique security and defense needs, and we believe that our Teal 2 product line is an ideal solution for governments and private enterprise alike given its wide array of features and affordable price. Our U.S. government certifications are a key feature to customers worldwide, as they underscore the effectiveness, ease of use, and security features that set our drones apart — this drone can be used to support border security, police and public safety, and Latin American military forces, among others.” — Jeff Thompson, Red Cat’s Founder and CEO