Red Cat Announces Partnership to Enable FANG FPV Drone Deployment from AV's P550 UAS

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 a development roadmap with AeroVironment, Inc. (“AV”) (NASDAQ: AVAV) to enable Red Cat’s FANG™ FPV drones to be deployed as a payload from AV’s P550™ all-electric Group 2 eVTOL UAS.

Red Cat is actively working with AV to develop a marsupial configuration that enables the P550 to carry and release FANG from its modular CLIK interface. Leveraging the P550’s Modular Open Systems Approach (MOSA) architecture, the concept demonstrates how interoperable unmanned systems can work together to deploy a smaller FPV drone from a long-endurance Group 2 platform to extend reach and tactical flexibility within a single mission framework.

“This collaboration reflects how U.S. companies can come together to advance modular, interoperable technologies that strengthen operational capability,” said Jeff Thompson, CEO of Red Cat. “By exploring how FANG can be deployed from the P550, we’re showing what’s possible when small, agile systems are paired with long-endurance platforms to create greater reach, responsiveness, and mission versatility.”

“The P550 was engineered with open-architecture flexibility at its core,” said Jason Hendrix, Vice President & General Manager of sUAS at AV. “Our collaboration with Red Cat underscores that design philosophy and the integration of payloads like FANG broaden operational reach and create new mission possibilities for the warfighter. Together, we’re demonstrating how adaptable Group 2 systems can integrate with sUAS to support the Army’s vision for scalable, multi-echelon operations.”

A Development Roadmap for Modular, Multi-Echelon Operations
AV’s P550 is an autonomous, all-electric Group 2 eVTOL UAS featuring a 15-pound modular payload capacity, five-hour endurance, and advanced AI-enabled autonomy.

Red Cat’s FANG™ FPV drone, part of its Arachnid Family of Systems, is an NDAA-compliant FPV platform built for ISR and tactical applications. When deployed from a P550 in a marsupial configuration, FANG can provide close-in situational awareness beyond visual line of sight, enhance operator decision-making and, in future iterations, support additional payload configurations.

Red Cat and AV are collaborating on the engineering, interface, and control requirements needed to enable this payload deployment concept. The teams are conducting design and compatibility work ahead of future demonstrations to showcase how modular systems can expand mission flexibility for U.S. and allied defense forces.

This forward-looking collaboration aims to:

• Demonstrate interoperability between Group 2 and FPV-class systems
• Extend FPV operational range through aerial deployment
• Combine long- and short-range ISR capabilities within one mission
• Showcase modular, MOSA-aligned pathways for the Army’s evolving sUAS ecosystem