Red Cat Holdings Inc (RCAT)

[DrStevens]

Thanks for posting! I never heard this, great find!

Drew Camden said RCAT is taking him to Washington to talk to senators on the Facebook group, maybe they got in contact with senator Mike Lee?
Seems like it’s in the hobbies best interest to fight for the 200 FT act. Obviously the FAA regs are threatening to their business and it makes sense for them to fight it. I like the fact they are working with DJI and focusing their equipment to work with their components. If the US really bans building your own drone, then maybe RR through it’s partnership with DJI can become one of the authorized US drone manufacturers/authorized dealers of drones or components (hypetrain motors could begin to develop bigger motors for commercial drones?)
There is so much going on here with all the regulations, it will be interesting to see what is decided. I think RCAT is trying to hit both sides - commercial and the individual market. It would make monetary sense to fight the FAA for drone freedoms. If they can continue to amass data from the fpv market and commercial market they can continue to use it for data analytics. This company has crazy potential will be interesting to see this one play out. GLTA