Red cat signs definitive agreement to acquire skypersonic and its “fly anywhere” drone technologies – suas news

Crimson Cat Indicators Definitive Settlement to Purchase Skypersonic and its "Fly Wherever" Drone Applied sciences - sUAS Information 1

Crimson Cat Holdings, Inc. (OTC: RCAT) (“Crimson Cat” or the “Firm”), a number one model within the drone trade, introduced the signing of a definitive settlement to amass Skypersonic, Inc., a supplier of drone merchandise and software program options that allow drone inspection flights that may be executed by pilots wherever on this planet.

Skypersonic powers drones to “Fly Wherever” and “Examine the Not possible”.  Its patented software program and hardware options permit for inspection companies in restricted areas the place GPS will not be allowed or obtainable.  Skycopter is a miniature drone fitted right into a cage to keep away from injury to inspected areas and the drone. Skyloc is a stand-alone, actual time, software program system which allows the drone to document and transmit inspection information whereas being operated from hundreds of miles away.  Skypersonic’s mental property portfolio consists of eight US and European patents.

“The addition of Skypersonic will additional strengthen our rising suite of extremely specialised and distinctive drone companies,” acknowledged Jeff Thompson, CEO of Crimson Cat.  “We proceed to construct a powerful platform of services within the drone trade which is forecast to achieve $40 billion by 2025.” (Globe Newswire)

“Skypersonic at the moment companies international clients within the automotive and vitality industries who depend on our drone platform to carry out real-time inspections in distant places utilizing pilots and inspectors situated all around the world.” acknowledged Giuseppe Santangelo, CEO of Skypersonic.  “Combining our expertise and assets with Crimson Cat will allow us to speed up development in established markets whereas increasing our attain into new territories.” 

About Crimson Cat
Crimson Cat offers merchandise, companies and options to the drone trade by way of its three wholly-owned subsidiaries.  Fats Shark Holdings is the main supplier of First Particular person View (FPV) video goggles to the drone trade.  Rotor Riot, LLC is a frontrunner within the sale of FPV drones and gear, primarily to the patron market by way of its digital storefront situated at www.rotorriot.com.  Rotor Riot enjoys excessive visibility in social media by way of its Fb web page and its sponsorship of an expert drone racing group which has received quite a few championships.  Crimson Cat Propware is growing a Software program-as-a-Resolution (“SaaS”) platform to supply drone flight information analytics and storage, in addition to diagnostic services.

About Skypersonic Inc.
Skypersonic Inc., is a supplier of drone merchandise and software program options designed to “Fly Wherever” and “Examine the Not possible”.  Its patented software program and hardware options permit for inspection companies in restricted areas the place GPS will not be allowed or obtainable.  Skycopter is a miniature drone fitted right into a cage to keep away from injury to inspected areas and the drone. Skyloc is a stand-alone, actual time, software program system which allows the drone to document and transmit inspection information whereas being operated from hundreds of miles away.  Skypersonic’s mental property portfolio consists of eight US and European patents.


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