Crimson Cat Holdings CEO Visiting NATO International locations to Focus on Navy Drone Assist for Ukraine
by DRONELIFE Employees Author Ian M. Crosby
Crimson Cat Holdings [NASDAQ:RCAT] is among the holdings within the AdvisorShares Drone Expertise ETF [NYSE ARCA:UAV], the one ETF devoted to the drone economic system. For full listing of holdings click on right here. The AdvisorShares Drone Expertise ETF is a thematic funding technique searching for to seize the expansion alternatives in drones and autonomous autos (AV). AdvisorShares is a DRONELIFE sponsor.
Jeff Thompson, CEO of army expertise firm Crimson Cat Holdings, can be a part of a delegation visiting NATO nations this week to debate army drone assist for Ukrainian forces.
Proceed studying beneath, or pay attention:
Crimson Cat subsidiary Teal Drones’ new military-grade drone, the Teal 2, can be showcased by Thompson to NATO leaders. Anticipated to launch in Q2 2023 and at present accessible to first-adopter clients, the Teal 2 is designed to be the world-leading drone resolution for nighttime operations.
In response to The Wall Road Journal, Ukrainian forces “lack sufficient drones to identify targets and direct artillery – particularly more-expensive fashions with night-vision cameras that may enable them to work in the dead of night, when the Russians search to creep ahead.”
“In Ukraine and elsewhere, most army operations happen at night time, and the Teal 2 offers warfighters precisely the answer they want,” mentioned Thompson. “Teal 2 is the primary drone to combine the world’s finest new night-time drone digital camera – next-generation thermal-imaging expertise from Teledyne FLIR. We’ve additionally partnered with different trade leaders, corresponding to Tomahawk Robotics, Reveal Expertise and Immervision, to supply further game-changing drone capabilities. These embrace multi-vehicle management, 3D mapping and object detection.”
To this point, Crimson Cat has stuffed an order for 54 items of the Teal 2 from U.S. Customs and Border Safety, which can be deployed to grant supplemental airborne reconnaissance, surveillance and monitoring capabilities for enhanced situational consciousness.
Crimson Cat additionally beforehand stuffed an order from a NATO member nation for 15 items of Teal’s Golden Eagle drone for deployment to Ukrainian forces.
“Crimson Cat needs to do all we will to get the Ukrainian warfighter the very best and newest American expertise that permits them to dominate the night time, and that’s why I’m assembly with European army choice makers this week,” mentioned Thompson.
Teal is a part of the Blue UAS cleared listing, which designates producers with the authorization to produce the U.S. army with tools. The corporate can also be one among solely three drone producers invited to take part within the U.S. Military’s Quick Vary Reconnaissance Tranche 2 (SRR T2), a program for the event of a conveyable small uncrewed aerial system to be used by military platoons in surveillance and reconnaissance operations.
Ian attended Dominican College of California, the place he acquired a BA in English in 2019. With a lifelong ardour for writing and storytelling and a eager curiosity in expertise, he’s now contributing to DroneLife as a employees author.
Miriam McNabb is the Editor-in-Chief of DRONELIFE and CEO of JobForDrones, knowledgeable drone companies market, and a fascinated observer of the rising drone trade and the regulatory atmosphere for drones. Miriam has penned over 3,000 articles targeted on the business drone house and is a world speaker and acknowledged determine within the trade. Miriam has a level from the College of Chicago and over 20 years of expertise in excessive tech gross sales and advertising for brand new applied sciences.
For drone trade consulting or writing, E-mail Miriam.
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