{"id":764857,"date":"2023-06-20T14:33:16","date_gmt":"2023-06-20T18:33:16","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/red-cat-and-athena-ai-announce-breakthrough-artificial-intelligence-and-computer-vision-capabilities-for-teal-2-military-grade-drone\/"},"modified":"2023-06-20T14:33:16","modified_gmt":"2023-06-20T18:33:16","slug":"red-cat-and-athena-ai-announce-breakthrough-artificial-intelligence-and-computer-vision-capabilities-for-teal-2-military-grade-drone","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/red-cat-and-athena-ai-announce-breakthrough-artificial-intelligence-and-computer-vision-capabilities-for-teal-2-military-grade-drone\/","title":{"rendered":"Red Cat\u00a0and\u00a0Athena\u00a0AI announce breakthrough artificial\u00a0intelligence\u00a0and computer-vision capabilities for\u00a0Teal 2 military-grade\u00a0drone"},"content":{"rendered":"

\nAthena\u2019s\u00a0AI\u00a0technology has successfully performed target recognition and battle tracking\u00a0for a nighttime\u00a0flight of Red Cat\u2019s Teal 2
\n<\/h2>\n
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SAN JUAN, Puerto Rico, June 20, 2023 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc.<\/u><\/a>\u00a0(Nasdaq: RCAT) (\u201cRed Cat\u201d or the \u201cCompany\u201d), a military technology company integrating robotic hardware and software to protect and support the warfighter,\u00a0today announces\u00a0it has completed the\u00a0second phase\u00a0of its artificial\u00a0intelligence and computer-vision\u00a0partnership with\u00a0Athena AI<\/u><\/a>.\u00a0<\/p>\n

Athena was first\u00a0announced<\/u><\/a>\u00a0as\u00a0a\u00a0partner for Red Cat\u2019s\u00a0Teal 2<\/u><\/a>\u00a0military-grade drone in March.\u00a0Now,\u00a0by\u00a0processing\u00a0video\u00a0that the Teal 2\u2019s thermal-imaging\u00a0sensor recorded during a nighttime test flight,\u00a0Athena\u2019s technology has\u00a0successfully performed\u00a0target recognition and battle tracking. This capability allows commanders fast decision-making on the battlefield with artificial intelligence assistance.<\/p>\n

\u201cNighttime computer-vision capability is a Teal 2 add-on we support for users who need high-value data at night,\u201d said George Matus,\u00a0founder\u00a0and CEO of Red Cat subsidiary\u00a0Teal Drones<\/u><\/a>.\u00a0\u201cThe images and insights that Athena\u2019s technology deliver are outstanding.\u00a0Athena\u2019s battle-tracking capabilities and artificial intelligence,\u00a0combined\u00a0with Teal\u2019s best-in-class drone,\u00a0give warfighters\u00a0the\u00a0unfair advantage.\u201d\u00a0<\/p>\n

Australia-based Athena, an AI-enabled military decision-support company, has licensed to Red Cat its proprietary\u00a0computer-vision architecture, which allows high-speed tracking of objects and, at slower speeds, in-depth data exploitation. Athena\u2019s solution can\u00a0identify\u00a0weapons,\u00a0humans\u00a0and other\u00a0targets\u00a0at night, as well as Identification Friend or Foe (IFF) markers, such as\u00a0Cyalume\u00a0HALOs and IR beacons.\u00a0<\/p>\n

\u201cUnlike a lot of other drones in the sUAS quad space that\u00a0aren\u2019t\u00a0MISB<\/u><\/a>-compliant,\u00a0the Teal 2\u2019s\u00a0KLV<\/u><\/a>\u00a0metadata unlocks the\u00a0full decision-suite support of Athena AI,\u201d said\u00a0Athena CEO Stephen Bornstein.\u00a0\u201cThis\u00a0combination of a nighttime\u00a0sUAS with live-vehicle metadata allows for real-time situational awareness to support battle tracking,\u00a0common operational\u00a0picture\u00a0(COP)<\/u><\/a>\u00a0at higher echelons of command,\u00a0and\u00a0accurate\u00a0targeting.\u201d\u00a0<\/p>\n

Officially\u00a0launched<\/u><\/a>\u00a0in April, the Teal 2 is designed to\u00a0Dominate the Night\u2122<\/a>\u00a0and arrives as the world\u2019s leading sUAS for night operations. The Teal 2 is the first sUAS to be equipped with\u00a0Teledyne FLIR<\/a>‘s new Hadron 640R sensor, providing end users with the highest resolution thermal imaging in a small form factor. The Teal 2 also offers the latest intelligence,\u00a0surveillance\u00a0and reconnaissance (ISR) technology, delivering time-critical information and enabling operators to make faster, smarter decisions.\u00a0The Teal 2 airframe has been designed as an open platform that can add software features such as Athena AI, and those combined products improve Red Cat\u2019s gross margins.<\/p>\n

Red Cat will\u00a0exhibit\u00a0the Teal\u00a02 at the\u00a0Modern Day\u00a0Marine<\/u><\/a>\u00a0expo in Washington, D.C., from June 27-29.\u00a0<\/p>\n

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\n To view a spec sheet for\u00a0the Teal\u00a02, click\u00a0<\/em>
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\n here<\/u>
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\n <\/strong>
\n <\/a>
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\n .<\/em>
\n <\/strong>
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\n To watch a short video about\u00a0the Teal\u00a02, click\u00a0<\/em>
\n <\/strong>
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\n here<\/u>
\n <\/em>
\n <\/strong>
\n <\/a>
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\n .<\/em>
\n <\/strong>\n <\/p>\n

\n About Red Cat Holdings, Inc.<\/strong>
\n
Red Cat (Nasdaq: RCAT) is a military technology company that integrates robotic hardware and software to\u00a0provide\u00a0critical situational awareness and actionable intelligence to on-the-ground warfighters and battlefield commanders. Its mission is to enhance the effectiveness and safety of military operations domestically and globally \u2013 and to \u201cDominate the Night\u2122<\/a>.\u201d Red Cat\u2019s suite of solutions includes Teal Drones, developer of the Teal 2, a small unmanned system with the highest resolution imaging for nighttime operations, and\u00a0Skypersonic, a leading provider of unmanned\u00a0aircraft\u00a0for interior spaces and other dangerous environments. Learn more at\u00a0https:\/\/www.redcatholdings.com<\/a><\/u>.<\/p>\n

\n Forward-Looking Statements<\/strong>\u202f
This press release\u00a0contains\u00a0“forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will,” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Red Cat Holdings, Inc.’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be\u00a0accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the final prospectus related to the public offering filed with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Red Cat Holdings, Inc. undertakes no duty to update such information except as required under applicable law.<\/p>\n

\n Contacts<\/strong>\u202f
NEWS MEDIA:<\/u>\u202f
Anthony\u00a0Priwer\u202f
Dalton Agency
Phone: (615) 515-4891\u202f
Email:\u00a0apriwer@daltonagency.com<\/u><\/a>\u202f<\/p>\n

\n INVESTORS:<\/u>\u202f
CORE IR\u202f
Phone: (516) 222-2560
Email:\u00a0investors@redcat.red<\/u><\/a>
Website:\u00a0https:\/\/www.redcatholdings.com<\/u><\/a><\/p>\n

\u00a0A photo accompanying this announcement is available at https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/ef35bdb2-26ed-4e38-9fb3-51c6cace7411<\/a><\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Athena\u2019s\u00a0AI\u00a0technology has successfully performed target recognition and battle tracking\u00a0for a nighttime\u00a0flight of Red Cat\u2019s Teal 2 SAN JUAN, Puerto Rico, June 20, 2023 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc.\u00a0(Nasdaq: RCAT) (\u201cRed Cat\u201d or the \u201cCompany\u201d), a military technology company integrating robotic hardware and software to protect and support the warfighter,\u00a0today announces\u00a0it has completed the\u00a0second phase\u00a0of its artificial\u00a0intelligence and computer-vision\u00a0partnership with\u00a0Athena AI.\u00a0 Athena was first\u00a0announced\u00a0as\u00a0a\u00a0partner for Red Cat\u2019s\u00a0Teal 2\u00a0military-grade drone in March.\u00a0Now,\u00a0by\u00a0processing\u00a0video\u00a0that the Teal 2\u2019s thermal-imaging\u00a0sensor recorded during a nighttime test flight,\u00a0Athena\u2019s technology has\u00a0successfully performed\u00a0target recognition and battle tracking. This capability allows commanders fast decision-making on the battlefield with artificial intelligence assistance. \u201cNighttime computer-vision capability is a Teal 2 add-on we support for users who need high-value data at night,\u201d … <\/p>\n

Continue reading “Red Cat\u00a0and\u00a0Athena\u00a0AI announce breakthrough artificial\u00a0intelligence\u00a0and computer-vision capabilities for\u00a0Teal 2 military-grade\u00a0drone”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-764857","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nRed Cat\u00a0and\u00a0Athena\u00a0AI announce breakthrough artificial\u00a0intelligence\u00a0and computer-vision capabilities for\u00a0Teal 2 military-grade\u00a0drone - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/red-cat-and-athena-ai-announce-breakthrough-artificial-intelligence-and-computer-vision-capabilities-for-teal-2-military-grade-drone\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Red Cat\u00a0and\u00a0Athena\u00a0AI announce breakthrough artificial\u00a0intelligence\u00a0and computer-vision capabilities for\u00a0Teal 2 military-grade\u00a0drone - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Athena\u2019s\u00a0AI\u00a0technology has successfully performed target recognition and battle tracking\u00a0for a nighttime\u00a0flight of Red Cat\u2019s Teal 2 SAN JUAN, Puerto Rico, June 20, 2023 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc.\u00a0(Nasdaq: RCAT) (\u201cRed Cat\u201d or the \u201cCompany\u201d), a military technology company integrating robotic hardware and software to protect and support the warfighter,\u00a0today announces\u00a0it has completed the\u00a0second phase\u00a0of its artificial\u00a0intelligence and computer-vision\u00a0partnership with\u00a0Athena AI.\u00a0 Athena was first\u00a0announced\u00a0as\u00a0a\u00a0partner for Red Cat\u2019s\u00a0Teal 2\u00a0military-grade drone in March.\u00a0Now,\u00a0by\u00a0processing\u00a0video\u00a0that the Teal 2\u2019s thermal-imaging\u00a0sensor recorded during a nighttime test flight,\u00a0Athena\u2019s technology has\u00a0successfully performed\u00a0target recognition and battle tracking. This capability allows commanders fast decision-making on the battlefield with artificial intelligence assistance. \u201cNighttime computer-vision capability is a Teal 2 add-on we support for users who need high-value data at night,\u201d … Continue reading "Red Cat\u00a0and\u00a0Athena\u00a0AI announce breakthrough artificial\u00a0intelligence\u00a0and computer-vision capabilities for\u00a0Teal 2 military-grade\u00a0drone"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/red-cat-and-athena-ai-announce-breakthrough-artificial-intelligence-and-computer-vision-capabilities-for-teal-2-military-grade-drone\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-20T18:33:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg2MDc0MiM1NjU0NDY5IzIxODkxMDg=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/red-cat-and-athena-ai-announce-breakthrough-artificial-intelligence-and-computer-vision-capabilities-for-teal-2-military-grade-drone\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/red-cat-and-athena-ai-announce-breakthrough-artificial-intelligence-and-computer-vision-capabilities-for-teal-2-military-grade-drone\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Red Cat\u00a0and\u00a0Athena\u00a0AI announce breakthrough artificial\u00a0intelligence\u00a0and computer-vision capabilities for\u00a0Teal 2 military-grade\u00a0drone\",\"datePublished\":\"2023-06-20T18:33:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/red-cat-and-athena-ai-announce-breakthrough-artificial-intelligence-and-computer-vision-capabilities-for-teal-2-military-grade-drone\\\/\"},\"wordCount\":812,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/red-cat-and-athena-ai-announce-breakthrough-artificial-intelligence-and-computer-vision-capabilities-for-teal-2-military-grade-drone\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODg2MDc0MiM1NjU0NDY5IzIxODkxMDg=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/red-cat-and-athena-ai-announce-breakthrough-artificial-intelligence-and-computer-vision-capabilities-for-teal-2-military-grade-drone\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/red-cat-and-athena-ai-announce-breakthrough-artificial-intelligence-and-computer-vision-capabilities-for-teal-2-military-grade-drone\\\/\",\"name\":\"Red Cat\u00a0and\u00a0Athena\u00a0AI announce breakthrough artificial\u00a0intelligence\u00a0and computer-vision capabilities for\u00a0Teal 2 military-grade\u00a0drone - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/red-cat-and-athena-ai-announce-breakthrough-artificial-intelligence-and-computer-vision-capabilities-for-teal-2-military-grade-drone\/","og_locale":"en_US","og_type":"article","og_title":"Red Cat\u00a0and\u00a0Athena\u00a0AI announce breakthrough artificial\u00a0intelligence\u00a0and computer-vision capabilities for\u00a0Teal 2 military-grade\u00a0drone - Market Newsdesk","og_description":"Athena\u2019s\u00a0AI\u00a0technology has successfully performed target recognition and battle tracking\u00a0for a nighttime\u00a0flight of Red Cat\u2019s Teal 2 SAN JUAN, Puerto Rico, June 20, 2023 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc.\u00a0(Nasdaq: RCAT) (\u201cRed Cat\u201d or the \u201cCompany\u201d), a military technology company integrating robotic hardware and software to protect and support the warfighter,\u00a0today announces\u00a0it has completed the\u00a0second phase\u00a0of its artificial\u00a0intelligence and computer-vision\u00a0partnership with\u00a0Athena AI.\u00a0 Athena was first\u00a0announced\u00a0as\u00a0a\u00a0partner for Red Cat\u2019s\u00a0Teal 2\u00a0military-grade drone in March.\u00a0Now,\u00a0by\u00a0processing\u00a0video\u00a0that the Teal 2\u2019s thermal-imaging\u00a0sensor recorded during a nighttime test flight,\u00a0Athena\u2019s technology has\u00a0successfully performed\u00a0target recognition and battle tracking. 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