Red cat holdings receives faa waiver to hold public demo of eris multi-drone technology

San juan, puerto rico, aug. 29, 2022 (globe newswire) -- red cat holdings, inc. (nasdaq: rcat) (“red cat” or “company”), a hardware-enabled software provider to the drone industry, announces that its subsidiary teal drones has been granted a waiver by the federal aviation administration (faa) that allows a single pilot to simultaneously control multiple drones for the first public flight demonstration of the company's eris multi-drone technology. this waiver is one of the first to be issued by the faa that approves the operation of a dynamically re-taskable multi-drone system. red cat intends to hold this multi-drone flight demonstration on tuesday, october 25, 2022 at kane stadium in secaucus, new jersey.
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