Red Cat Holdings Acquires FlightWave Aerospace Systems
September 5, 2024
Red Cat Holdings (Nasdaq: RCAT) has closed the acquisition of FlightWave Aerospace Systems, bringing FlightWave’s Edge 130 Blue military-grade VTOL tricopter and related sensors/software into Red Cat’s product portfolio. The deal expands Red Cat’s family of unmanned systems and adds a new defense-focused revenue stream while enabling ramped manufacturing of the Edge 130.
- Buyers
- Red Cat Holdings, Inc.
- Targets
- FlightWave Aerospace Systems Corporation
- Industry
- Aerospace & Defense
- Location
- California, United States
- Transaction Type
- Buyout
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