SAN JUAN, Puerto Rico, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc.?(NASDAQ:RCAT) ("Red Cat" or the "Company"), a drone technology company integrating robotic hardware and software for military, government and commercial operations, announces CEO Jeff Thompson will be a featured speaker at the Association for Uncrewed Vehicle Systems International's Partnership for Drone Competitiveness press conference to be held in Washington, D.C. at 1pm ET on November 14, 2023. The event commemorates the recent launch of the alliance at the House Triangle outside of the Capitol and will feature leading U.S. drone companies and members of Congress.
The Partnership for Drone Competitiveness, established in September 2023, is a coalition of U.S. drone companies and manufacturers focused on enhancing the U.S. drone industry, and on reducing the country's reliance on Chinese drones. Its premise is "that stronger U.S. leadership in this industry is better for everyone." The press conference will also focus on supporting legislation advancing U.S. competitiveness in the drone industry, such as the American Security Drone Act that will help create new opportunities for domestic/allied drone manufacturers in foreign subsidized competition.
"Participating in the Partnership for Drone Competitiveness reinforces our dedication to building a stronger domestic drone base," ...