Red Cat (RCAT) said Monday it is introducing Hellcat, a dual-use small unmanned aircraft system.
Red Cat said that the system is designed around Modular Open Systems Architecture principles, allowing customers to configure command-and-control, payload, software, and integration pathways based on operational requirements.
The aircraft offers over 50 minutes of flight time and up to 11 kilometers of range with the operator maintaining line-of-sight, Red Cat said.
Shares of the company were up more than 4% in Monday's premarket activity.