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Red Cat Partners with ESAero to Support Manufacturing for Teal’s Black Widow™
Globenewswire· 2025-05-27 18:30
ESAero will provide AS9100 manufacturing capacity and engineering services to support production of the Black Widow sUASSAN JUAN, Puerto Rico, May 27, 2025 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat"), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, today announced a partnership with ESAero to provide critical AS9100 manufacturing capacity for the Black Widow sUAS and its subsystems. The AS9100 standard ensure ...
Draganfly Announces First Quarter Results of 2025
Globenewswire· 2025-05-08 21:11
Vancouver, BC., May 08, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce its first quarter financial results. Key Financial and Operational Highlights for Q1 2025: Revenue for the first quarter of 2025 was $1,547,715 which represents a 16% year over year increase. Product sales of $1,541,811 were up 24.5% over the same period last year.Gross profit for ...
New Century Logistics and Soradynamics Inc have reached a strategic partnership, Introducing an innovative in-vehicle drone logistics system to reshape the last mile delivery in the United States
Globenewswire· 2025-05-07 10:50
Hong Kong, China, May 07, 2025 (GLOBE NEWSWIRE) -- On May 1, 2025, Hong Kong ——, a leading logistics solutions provider in Hong Kong, New Century Logistics (BVI) Limited (hereinafter referred to as "New Century") announced today that it has signed a Memorandum of Understanding (MOU) with Japanese advanced technology company Soradynamics Inc to jointly develop and deploy an innovative in-vehicle drone logistics system ("Micro-Hub System"). This collaboration aims to address the long-standing core pain points ...
Draganfly to Host Shareholder Update Call on May 8, 2025
Globenewswire· 2025-05-06 19:14
Core Viewpoint - Draganfly Inc. will host a shareholder update call on May 8, 2025, to discuss Q1 2025 milestones and financial results [1][2] Company Overview - Draganfly Inc. is a pioneer in drone solutions, AI-driven software, and robotics, with over 25 years of innovation in the drone technology sector [3] - The company provides solutions for various sectors including public safety, agriculture, industrial inspections, security, mapping, and surveying [3] - Draganfly is committed to delivering efficient, reliable, and industry-leading technology that helps organizations save time, money, and lives [3]
Top Drone Technology Stocks to Augment Your Portfolio Returns
ZACKS· 2025-04-28 14:31
An updated edition of the March 6, 2025, article. Once considered science fiction, Drone technology has fast transformed from a niche military application to a disruptive force across various industries. Drones, also known as unmanned aerial vehicles (UAVs), are now used widely in sectors like agriculture and logistics, transforming how businesses operate, offering real-time data collection, aerial surveillance and even autonomous delivery. With the embedding of cutting-edge tech like AI, modern drones are ...
Red Cat Holdings Announces Closing of $30 Million Registered Direct Offering of Common Stock
Newsfilter· 2025-04-14 12:30
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 ...