By Crimson Cat Holdings, Inc. | July 07, 2023
Crimson Cat Holdings, Inc. (Nasdaq: RCAT) (“Crimson Cat” or the “Firm”), a navy expertise firm integrating robotic {hardware} and software program to guard and help the warfighter, introduced that subsidiary Teal Drones (“Teal”) has secured a further $1.2 million to proceed growing a brand new sUAS prototype for the U.S. Military’s Quick Vary Reconnaissance (SRR) program.
Teal was first awarded a prototype contract for the SRR Tranche 2 program in March 2022, and the Military is now obligating a complete of $2.7 million for Teal’s participation. Teal is one in all solely three distributors competing in Tranche 2, which the Military has suggested will now be the ultimate tranche of the SRR program.
After distributors full a sequence of testing and demonstration milestones, the profitable vendor(s) will probably be chosen to provide a rucksack-portable sUAS. The system will present Military platoons (20 to 50 troopers) with a quickly deployable surveillance and reconnaissance functionality to achieve situational consciousness past the subsequent terrain function.
The newly obligated funding brings further goal necessities, initially assigned to Tranche 3, for the sUAS prototypes to satisfy.
“A future SRR manufacturing contract is a serious alternative for any firm chosen, and Teal is happy to offer the warfighter the perfect we now have,” stated Teal Founder and CEO George Matus. “I’m assured the SRR prototype we’re growing will meet and exceed the Military’s necessities.”
“Uncrewed programs are a disruptive expertise that present troopers an unfair benefit on the battlefield,” stated Maj. Josh McMillion, U.S. Military SRR APM. “SRR is the Military’s answer to offer this functionality now to make sure our troopers have the technological edge over the enemy in any operational atmosphere and by no means have a good combat.”
Teal’s prototype will function a few of the identical expertise present in its new military-grade sUAS, the Teal 2, formally launched in April. Teal 2 is designed to “Dominate the Evening™” and arrives because the world’s main sUAS for nighttime operations. The system affords the most recent intelligence, surveillance, and reconnaissance (ISR) expertise, delivering time-critical data and enabling operators to make sooner, smarter choices.
Teal’s expertise companions for its SRR effort embrace Teledyne FLIR, Doodle Labs and Immervision.
