Red Cat Partners with Palantir to Enhance Autonomous Military Drones with GPS-Free Navigation

Palantir -2.12%
RED CAT HOLDINGS -8.53%

Palantir

PLTR

183.57

-2.12%

RED CAT HOLDINGS

RCAT

8.04

-8.53%

Red Cat Holdings, Inc. (NASDAQ:RCAT) ("Red Cat'' or the "Company"), today announced a strategic partnership with Palantir Technologies Inc. (NASDAQ:PLTR) to integrate Visual Navigation software (VNav) into Red Cat's Black Widow drones and to deploy Warp Speed, Palantir's manufacturing OS. This collaboration will transform autonomous sUAS operations for modern warfare by utilizing Palantir's advanced AI software running onboard the drone which references up-to-date onboard satellite imagery to provide accurate navigation entirely independent of GPS or radio control signals.

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