Complementary Skills and Perspectives Fuel Ambitions

Red Cat Holdings announced what it describes as “a materially significant financial investment” in Firestorm, a US developer of UAS, on 14 March.

Firestorm is building a new category of fixed-wing UAS – the first entirely modular 3D-printed, payload agnostic UAS – with 30-day product iterations, a commitment to open-system architectures, and an additive manufacturing approach that allows production to be scaled in an elastic manner. “Firestorm is changing how UAVs can be designed, manufactured, and delivered quickly, and the Firestorm system solves a lot of problems for many critical situations. Their long-range and long-duration loitering capabilities are a cost-effective approach to winning in the air.  We believe that our Teal 2 drone and the Firestorm UAV could be a great combination for the warfighter,” explained Red Cat CEO, Jeff Thompson.

The founding management team at Firestorm has deep industry expertise in additive manufacturing, aerospace, and defence – it understands how to build and quickly scale dual-use technology companies. “We want to help Firestorm succeed, and this investment may be just the beginning. For example, our large manufacturing facility in Salt Lake City could accelerate the production of Firestorm’s products to meet increased demand,” Thompson added.