Red Cat Closed Its Acquisition Of Flightwave Aerospace Systems. The Acquisition Officially Brings The Edge 130, Flightwave's Blue UAS Approved Military-grade Tricopter, Into Red Cat's Family Of Low-cost, Portable Unmanned Reconnaissance And Precision Lethal Strike Systems
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Red Cat Holdings has completed its acquisition of Flightwave Aerospace Systems, adding the Edge 130 tricopter to its portfolio. This move enhances Red Cat's offerings in military-grade unmanned systems.
September 05, 2024 | 11:26 am
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Red Cat Holdings has acquired Flightwave Aerospace Systems, integrating the Edge 130 tricopter into its product line. This acquisition strengthens Red Cat's position in the military-grade unmanned systems market.
The acquisition of Flightwave Aerospace Systems by Red Cat Holdings is a strategic move to enhance its product offerings in the military-grade unmanned systems market. The addition of the Edge 130 tricopter, a Blue UAS approved system, is likely to improve Red Cat's competitive position and could positively impact its stock price in the short term.
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