Red Cat Holdings Inc (RCAT)

[DrStevens]

Great summary as always.

I listened to the replay. Wanted to share thoughts. This would be be in correlation to bullet 10.

Thompson speaks about skypersonic's "skyloc" software which flight logs have already begun to be integrated with dronebox. Thompson also mentioned the company being important in the "indoor space." They market "inspection drones" plus software. Skyloc is an indoor GPS positioning system. It works with anchors where regular gps can't get to. This would be a good a solution to help track remoteID compliant drones in the indoor/industrial case especially for insurance purposes.

Here is a video on it.

The company also has 15 developers, and is listed as one of the leaders in the inspection drone space in multiple articles online

https://www.businesswire.com/news/home/20201202005458/en/North-America-Inspection-Drone-for-Confined-Space-Market-to-2027-Featuring-Digital-Aerolus-DRONE-VOLT-Flyability-Interactive-Aerial-Skypersonic---ResearchAndMarkets.com

They also have a real time environmental monitoring system along with inspection drone "skycopter"

https://www.skypersonic.net/case-studies/

https://www.skypersonic.net/docs/Brochure_Skycopter.pdf

Thompson doesn't want to mention names but says skypersonic is working with a fortune 500 company among other companies. They do buisness globally as well. Says we'll hear more about revenues/other stuff perhaps when the LOI becomes definitive or when the time is right.

We know for a fact they won the 2019 exelon innovation award. (Fortune 500, US NUCLEAR ELECTRIC COMPANY)

The company also has a branch in Italy.

This company seems to be the real deal in the inspection drone and "indoor" market...

BRING ON THE NEXT ACQUISTION