financetom
Business
financetom
/
Business
/
Red Cat Partners With ESAero for Black Widow Production
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Red Cat Partners With ESAero for Black Widow Production
May 27, 2025 12:34 PM

03:05 PM EDT, 05/27/2025 (MT Newswires) -- Red Cat Holdings ( RCAT ) said Tuesday that it is partnering with ESAero to provide AS9100 manufacturing capacity for its Black Widow small, unmanned aerial system and its subsystems.

The AS9100 standard ensures a manufacturer has a quality management system in place to meet the requirements of the aerospace industry, the company said.

"As we ramp up production of the Black Widow to fulfill our SRR contracts and meet growing demand from US and international customers, securing...manufacturing capacity is critical," said CEO Jeff Thompson.

Black Widow drone is used for short-range reconnaissance, or SRR, missions, according to the firm.

Price: 6.18, Change: -0.64, Percent Change: -9.44

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
EQT to acquire GeBBS Healthcare Solutions for over $850 mln, sources say
EQT to acquire GeBBS Healthcare Solutions for over $850 mln, sources say
Sep 8, 2024
HONG KONG, Sept 9 (Reuters) - Swedish investment firm EQT has agreed to acquire a controlling stake in global healthcare outsourcing firm GeBBS Healthcare Solutions for over $850 million, two people with knowledge of the deal said. EQT announced on Monday the acquisition from Indian private equity firm ChrysCapital, without disclosing financial details. The firm made the investment via the...
PRESS DIGEST- Wall Street Journal - Sept 9
PRESS DIGEST- Wall Street Journal - Sept 9
Sep 8, 2024
Sept 9 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - The Canadian owner of Circle K stores Alimentation Couche-Tard ( ANCTF ) has said that it is willing to discuss and engage with Seven & i ( SVNDF ) , which...
Typhoon Yagi leaves dozens dead in Vietnam, pounds infrastructure
Typhoon Yagi leaves dozens dead in Vietnam, pounds infrastructure
Sep 8, 2024
* Vietnam death toll rises to 35, according to govt estimates * One bridge collapses, as landslide and flood risks remain * Factories damaged, LG Electronics plant collapses (Writes through, updating death toll and adding figures, quotes on damages) By Khanh Vu and Minh Nguyen HANOI/HAIPHONG, Sept 9 (Reuters) - Typhoon Yagi, Asia's most powerful storm this year, left dozens...
Big Lots sells business to Nexus Capital as it begins bankruptcy proceedings
Big Lots sells business to Nexus Capital as it begins bankruptcy proceedings
Sep 8, 2024
Sept 9 (Reuters) - U.S. discount home goods retailer Big Lots ( BIG ) said on Monday it has secured $707.5 million to support its operations and sell its business to private equity firm Nexus Capital, as it has initiated bankruptcy proceedings under Chapter 11. Big Lots ( BIG ) listed its assets and liabilities in the range of $1...
Copyright 2023-2026 - www.financetom.com All Rights Reserved