Core Viewpoint - Kratos Defense & Security Solutions, Inc. has entered a formal teaming agreement with GE Aerospace to advance propulsion technologies for affordable unmanned aerial systems and Collaborative Combat Aircraft-type aircraft [1][2] Group 1: Agreement Details - The teaming agreement aims to develop the GEK800 Engine and other low-cost expendable turbofan engines, enhancing capabilities for unmanned aerial systems and collaborative combat aircraft [2][5] - This collaboration builds on a previous Memorandum of Understanding (MOU) established last year, focusing on small, cost-effective engines for unmanned platforms [2] Group 2: Company Expertise - Kratos has over 20 years of experience in developing small, affordable engines for unmanned aerial systems, while GE Aerospace brings a century of expertise in propulsion technology [6] - The partnership is expected to bridge the gap from prototype to deployment, leveraging both companies' strengths in engine development and production [6] Group 3: Strategic Importance - The agreement is strategically important for U.S. National Security, addressing mission-critical needs with a focus on affordability and high performance [2] - Both companies are committed to providing adaptable propulsion systems that meet the future demands of defense applications [2]

SAN JUAN, Puerto Rico, May 14, 2025 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat" or the "Company"), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, reports its financial results for the first quarter ended March 31, 2025 and provides a corporate update. Recent Operational Highlights Announced the expansion of our multi-domain Family of Systems with a new line of Unmanned Surface Vessels (USVs). This strategic m ...