Red cat holdings awarded customs and border protection contract worth up to $90 million over five years

Humacao, puerto rico , dec. 22, 2021 /prnewswire/ -- red cat holdings, inc. (nasdaq: rcat) ("red cat'' or the "company"), a hardware-enabled software provider to the drone industry, today announced that its subsidiary teal drones has been awarded a firm-fixed-price, multiple award blanket purchase agreement (bpa) by the united states customs and border protection as one of five contractors. the bpa has an estimated value of $90 million in total over a 5-year ordering period.
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