Teal Drones, a wholly owned subsidiary of Red Cat Holdings, Inc., received a $9.5 million purchase order from the U.S. Army’s Short Range Reconnaissance Program on May 8, 2026.
Key takeaways
Teal Drones received $9.5 million purchase order on May 8, 2026.
Order for additional units under U.S. Army’s Short Range Reconnaissance Program of Record.
Units expected to be delivered in Q2 2026.
Confirms Teal Drones' position as wholly owned subsidiary of Red Cat Holdings.