SAN JUAN, Puerto Rico, April 14, 2025 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (NASDAQ:RCAT) ("Red Cat" or "Company"), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, has successfully closed the previously announced registered direct offering with certain institutional investors for the purchase and sale of 4,724,412 shares of common stock resulting in gross proceeds of approximately $30 million, before deducting placement agent fee ...

PALM BEACH, Fla., April 10, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Commercial Drones are remotely piloted, optionally piloted, or fully autonomous aerial vehicles that play a significant role in the commercial sectors. They are commonly termed drones and are mostly known for their wide usage in various functions, such as Surveying & Mapping, Inspection & Monitoring among others. These vehicles are also used for mapping, surveying, and determining the weather conditions of a specific area. ...

Positive tariff news and some industry-specific speculation concerning future business helped light a rocket under defense stocks, sending the entire sector up. AeroVironment (AVAV 14.01%) shares led the way up 14%, and shares of Lockheed Martin (LMT 3.34%), Northrop Grumman (NOC 3.26%), and Science Applications International (SAIC 2.53%) all climbed as high as 5% before fading some heading into market close. New opportunities up ahead? Defense stocks have held up relatively well through this period of unce ...

PALM BEACH, Fla., April 03, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The drone surveying market is witnessing increased demand for its services across different industries. The survey done by drones has multiple benefits in comparison to the traditional way of surveys such as lower cost, reduced time, and improved end results. According to Fact.MR, a market research and competitive intelligence provider, the global drone surveying market is expected to grow at a CAGR of 19.3% during the for ...

Core Viewpoint - AeroVironment received shareholder approval for a new stock issue to fund the acquisition of BlueHalo, leading to a stock price increase of over 4% [1][2]. Group 1: Acquisition Details - The acquisition of BlueHalo is valued at approximately $4.1 billion and is structured as an all-stock transaction [3]. - BlueHalo specializes in next-generation defense technology, including laser weapon systems, and is part of Arlington Capital Partners' portfolio [3]. - The acquisition aims to create a diversified defense technology company with a complementary portfolio of solutions for modern combat systems [3]. Group 2: Shareholder Approval - Over 99% of shareholders voted in favor of the new stock issue to facilitate the acquisition [2]. - The company anticipates that the BlueHalo deal will close next month following the approval [4]. Group 3: Strategic Implications - The acquisition is considered ambitious, as BlueHalo is a significant company relative to AeroVironment, and the integration process will be closely monitored [5].

WILMINGTON, Mass., April 01, 2025 (GLOBE NEWSWIRE) -- Liberty Defense Holdings Ltd. ("Liberty" or the "Company") (TSXV:SCAN, OTCQB:LDDFF, FRANKFURT: LD2A)) a leading technology provider of AI- based next generation detection solutions for concealed weapons and threats, is pleased to announce that The Honorable Mary Beth Long, former Assistant Secretary of Defense for International Security Affairs and Independent Director of AeroVironment (NASDAQ:AVAV) has joined our new Strategic Advisory Board. This new B ...

PALM BEACH, Fla., March 27, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Many investors have been watching the drone industry consistently growing over the past years and are expecting the same expansions to continue. The popularity of unmanned aerial vehicles (UAVs) for aerial imagery is quickly expanding this market. A report from Verified Market Research said that the Aerial Survey Services Market size, which was valued at USD 22.67 Billion in 2024, is projected to reach USD 791.21 Billion b ...

Recent breakthroughs in agentic AI have the potential to completely change the battlefield. Such breakthroughs could enable a new generation of " agentic " drones to act with greater autonomy and intelligence. Small unmanned aircraft are increasingly equipped with AI processors that"AWS Certified AI Practitioner Early Adopter"I am a DevOps Engineer for a major, wholly owned subsidiary of a large-cap Fortune 500. I am a true subject-matter expert on the actual buildout, deployment, and maintenance of AI tool ...

Drone technology is rapidly expanding across multiple industries, including surveillance, logistics, agriculture, emergency response, environmental monitoring, construction and filmmaking. These unmanned aerial vehicles (UAVs), once primarily used for military reconnaissance, are now transforming businesses by enhancing cost efficiency, improving safety and enabling real-time data collection.Technological advancements are driving increased adoption. These include augmented battery life, enhanced image senso ...

PALM BEACH, Fla., March 06, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - From the perspective of U.S. competitiveness and security, incentivizing U.S. leadership in the drone industry ― the focal point of a new era of aviation ― represents a strategic imperative in a market long characterized by state-subsidized companies based in China. AUVSI, an industry insider reported: "that it believes it is essential to advance security and competitiveness in a thoughtful way that respects existing inves ...