Crimson Cat Holdings, Inc. (Nasdaq: RCAT) (“Crimson Cat” or the “Firm”), a enabled software program supplier to the drone trade, introduced that it was establishing Enterprise and Client segments with a view to sharpen the Firm’s give attention to the distinctive alternatives in every sector of the drone trade. This improvement represents the primary motion taken by the Firm’s newly appointed Chief Working Officer, Dr. Allan Evans.
The Enterprise Section will give attention to creating a software program pushed, enabled platform of providers and options to industrial enterprises. Drones allow companies to finish many duties and resolve enterprise issues extra effectively, faster, and at a decrease price than conventional strategies. The Firm’s Skypersonic and Dronebox subsidiaries will function on this section.
The Client Section will give attention to promoting drones and associated elements to lovers and hobbyists which is able to proceed rising as drones turn into extra seen in our each day lives. The Firm’s Fats Shark and Rotor Riot subsidiaries will function on this section.
“The Firm has grown dramatically over the previous yr, and I need our groups and applied sciences targeted on leveraging and accelerating their respective alternatives” said Dr. Evans. “Enterprise is constructing the infrastructure to handle drone fleets, fly and supply providers remotely, and navigate confined inside areas. Client gives a rising income base, robust model visibility for the Firm, and is a wonderful supply pilots.”
About Crimson Cat Holdings, Inc.
Crimson Cat gives merchandise, providers and options to the drone trade via its 4 wholly owned subsidiaries. Fats Shark Holdings is the main supplier of First Individual View (FPV) video goggles to the drone trade. Rotor Riot, LLC is a pacesetter within the sale of FPV drones and gear, primarily to the buyer market via its digital storefront positioned at www.rotorriot.com. Rotor Riot enjoys excessive visibility in social media via its Fb web page and its sponsorship of an expert drone racing workforce which has gained quite a few championships. Skypersonic gives software program and options that allow drones to finish inspection providers in places the place GPS just isn’t out there, but nonetheless document and transmit knowledge even whereas being operated from 1000’s of miles away. Dronebox is creating a Software program-as-a-Resolution (“SaaS”) platform to offer drone flight knowledge analytics and storage, in addition to diagnostic services and products. Study extra at https://www.redcatholdings.com/.
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