Red Cat Holdings Invests in First Modular, 3D Printed Payload

Red Cat Holdings’ Teal 2 UAS

Red Cat Holdings, Inc. has made a significant financial investment in Firestorm, an American company developing the first completely modular UAS that is 3D printed and payload agnostic.

Firestorm’s founding team has deep industry expertise in additive manufacturing, aerospace, and defense and understands how to build and quickly scale dual-use technology companies. 

The company is building a new category of fixed-wing UAS with 30-day product iterations, a commitment to open-system architectures, and an additive manufacturing approach that allows it to scale production in an elastic manner. 

“Firestorm is changing how UAVs can be designed, manufactured, and delivered quickly, and the Firestorm system solves a lot of problems for many critical situations,” said Red Cat CEO Jeff Thompson. “Their long-range and long-duration loitering capabilities are a cost-effective approach to winning in the air. We believe that our Teal 2 drone and the Firestorm UAV could be a great combination for the warfighter.”

Daniel Magy, Firestorm CEO, said: “We are honored to have Red Cat join us on our journey. Red Cat’s Blue UAS products, their American manufacturing facilities, and their industry knowledge have made them a great partner as we work to scale our business.”

“We want to help Firestorm succeed, and this investment may be just the beginning. For example, our large manufacturing facility in Salt Lake City could accelerate the production of Firestorm’s products to meet increased demand,” Thompson concluded.

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