Red cat holdings expects drone industry to benefit with passage of infrastructure bill

Humacao, puerto rico, nov. 8, 2021 /prnewswire/ -- red cat holdings, inc. (nasdaq: rcat) ("red cat'' or the "company"), a hardware enabled software provider to the drone industry, anticipates the potential impact that the recently-passed infrastructure bill may have on the drone industry and possible benefits to the company, which already has important government relationships through its teal drones and skypersonic subsidiaries. the company notes that drones already play a vital role in many of the programs covered by the bill, including railways, roads and bridges, storm preparation, electrical grid strengthening and sewage maintenance.
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