- Over the past month, people across the U.S. have been talking about waves of mysterious drones flying at night, which started in eastern states and have moved as far west as Tacoma, Washington
- Government officials say the drones pose no threat, but their presence has clearly stressed people out given the lack of transparency, especially considering that these drones are flying close to infrastructure and military stations
- The only known drone technology company with a commercial drone swarm available for up to 80 drones launched by a single operator is Red Cat Holdings (NASDAQ:RCAT), a supplier who integrates robotic hardware and software for military, government, and commercial operations
- Red Cat Holdings stock (NASDAQ:RCAT) opened trading at US$9.92
Over the past month, people across the eastern U.S. seaboard have been talking about the waves of mysterious drones flying at night.
Drone sightings started in eastern states and have moved as far west as Tacoma, Washington. Government officials say the drones pose no threat, but their presence has clearly stressed people out given the lack of transparency, especially considering that these drones are flying close to infrastructure and military stations.
A common description witnesses have made about the drones is that they travel in large numbers, have bright lights, and are quite large, some reportedly as large as a car or small bus. Their synchronized movement, high numbers, and large size make it clear these are not hobbyists at play.
The only known drone technology company with a commercial drone swarm available for up to 80 drones launched by a single operator is Red Cat Holdings (NASDAQ:RCAT), a supplier who integrates robotic hardware and software for military, government, and commercial operations. The company operates through two subsidiaries, Teal Drones and FlightWave Aerospace.
“I can tell you right now, it is not us, please stop calling me,” Red Cat CEO Jeffrey Thompson told ABC News in an interview.
The FlightWave is a very large drone with a rather long flight time, much like what has been reported in the skies over the U.S. lately, where no one has reported seeing these mystery drones take off or land.
Whomever is responsible, he doesn’t believe they are an adversary.
“I don’t know any adversary that would actually use proper FAA lighting to display where they are, it would be way too easy to shoot them down,” he said. “They are slow moving, they are big. I definitely take ‘adversary’ off the table right away.”
Click the video below to watch the interview in full.
He noted that since these drones adhere to FAA lighting and (technically) no laws have been violated on their part, they should have remote ID, which all drones are required to have by law.
“If you want to be a DIY investigator, you could always get a scanner product that is a free app, and see if they are broadcasting down to you if you’re near those drones and you could become the investigator,” he said.
Red Cat Holdings stock (NASDAQ:RCAT) opened trading at US$9.92. Since this drone hysteria began last month, the stock has risen more than 104 per cent and year to date, the stock has blasted off nearly 999 per cent.
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(Red Cat’s Arachnid family of intelligence, surveillance, and reconnaissance, as well as precision strike drones. Source: Red Cat Holdings Inc.)