Red Cat Holdings Acquires Skypersonic Inc.
February 16, 2021
Red Cat Holdings signed a definitive agreement to acquire Skypersonic, a developer of caged miniature drones and indoor GPS positioning/software for remote inspections. The acquisition brings Skypersonic's patented hardware, Skyloc software and intellectual property into Red Cat's growing drone platform to expand capability and inspection services across automotive, energy and other industrial markets.
- Buyers
- Red Cat Holdings, Inc.
- Targets
- Skypersonic, Inc.
- Industry
- Aerospace & Defense
- Location
- Michigan, United States
- Transaction Type
- Buyout
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