Red Cat Holdings Acquires Teal Drones
July 13, 2021
Red Cat Holdings, Inc. (Nasdaq: RCAT) signed a definitive agreement to acquire Teal Drones in an all-stock transaction, adding Teal to Red Cat's portfolio and strengthening its enterprise and government drone offerings across North America. The deal brings Teal's Golden Eagle platform and government relationships into Red Cat's enterprise group to expand capabilities in reconnaissance, public safety, and inspection applications.
- Buyers
- Red Cat Holdings, Inc.
- Targets
- Teal Drones
- Industry
- Aerospace & Defense
- Location
- Utah, United States
- Transaction Type
- Buyout
Explore More
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.