Red Cat Holdings, Inc. (NASDAQ:RCAT) ("Red Cat" or the "Company"), a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security, today announced that Arastelle Drone Solutions has joined the Red Cat Futures Initiative, the company's industry-wide consortium accelerating advanced autonomous systems for modern warfare. Arastelle is a leading developer of modular tethered UAS solutions.

By joining the Futures Initiative, Arastelle will collaborate with Red Cat to integrate its tactical tethering technology with Red Cat's Family of Systems, including the Black Widow™ platform. Together, Arastelle and Red Cat's drones provide users with persistent intelligence, surveillance, and reconnaissance (ISR), communications relay, and extended operations without requiring additional standalone systems.