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NASA Pact Launches Red Cat Shares Up Nearly 70%

NASA Pact Launches Red Cat Shares Up Nearly 70%
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Red Cat Holdings Announces Issuance Of U S Patent On Drone Positioning System - sUAS News

Skyloc, Skypersonic’s real time environmental monitoring drone system. Red Cat Holdings, Inc. (OTCQB:RCAT), a leading brand in the drone industry, reports that the U.S. Patent and Trademark Office issued U.S. Patent No. 10,877,162 on December 29, 2020 to Skypersonic Inc. Red Cat previously announced the signing of a definitive agreement to acquire Skypersonic in February 2021 and expects to close the transaction in April. Entitled “Terrestrial Based Positioning Systems and Methods,” the ‘162 patent is the first U.S. patent issued to Skypersonic. The patent covers terrestrial based positioning technology deployed in Skyloc, Skypersonic’s real time environmental monitoring drone system.

Red Cat Holdings Announces Issuance Of U S Patent On Drone Positioning System

Share this article Share this article HUMACAO, Puerto Rico, April 12, 2021 /PRNewswire/ Red Cat Holdings, Inc. (OTCQB:RCAT), a leading brand in the drone industry, reports that the U.S. Patent and Trademark Office issued U.S. Patent No. 10,877,162 on December 29, 2020 to Skypersonic Inc. Red Cat previously announced the signing of a definitive agreement to acquire Skypersonic in February 2021 and expects to close the transaction in April. Skyloc, Skypersonic’s real time environmental monitoring drone system. Skyloc enables a drone to record and transmit inspection data while being operated from thousands of miles away. Entitled Terrestrial Based Positioning Systems and Methods, the 162 patent is the first U.S. patent issued to Skypersonic. The patent covers terrestrial based positioning technology deployed in Skyloc, Skypersonic s real time environmental monitoring drone system.

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