UAV acquisition
Red Cat Supports New Law Restricting Drone Procurements From Adversaries
Red Cat Holdings has endorsed the passage of the American Security Drone Act, a bill introduced in November preventing the federal government from procuring unmanned aerial systems from adversarial countries.
Jeff Thompson, founder and CEO of Red Cat, said ASDA protects the United States and its allies from foreign threats and can serve as a motivation for local drone manufacturers. Thompson also noted that Red Cat has invested significantly in the company’s Teal Drones subsidiary, which manufactures the Teal 2 drones that support the U.S. military, public safety organizations and U.S. government agencies.
ASDA was signed into law as part of the National Defense Authorization Act, Yahoo Finance reported.
Red Cat’s support for the Act is in line with the successes the company achieved in connection with its Teal 2 drones.
In September, Teal Drones received a $1.8 million Customs and Border Protection contract to provide 106 Teal 2 drones, spare parts and training services to U.S. Border Patrol officials. The Border Patrol will use the drones for supplementary reconnaissance, surveillance and tracking missions.
In August, the Defense Logistics Agency awarded Teal Drones a $2.6 million purchase order to deliver 172 Teal 2 drones, as well as spare parts and training services to the U.S. Air Force Security Forces.
Category: Future Trends