Red Cat Holdings Inc at LD Micro Main Event XVI Conference Transcript

Oct 03, 2023 / 11:00PM GMT
Jeffrey Thompson - Red Cat Holdings, Inc. - CEO & Chairman

All right, folks. Well, thanks for coming. Because I think we're the last presentation before everyone goes out to have some fun. And we've had a great day here. We had a full schedule all day long and the same thing tomorrow. But it's really fun to come to LD Micro pretty much just as we have turned on a lot of exciting things and a lot of exciting things that happened to the company right now. So let me just get started right away.

Okay. You can read that disclosure. I thank for your speed reading. I'm not going to spend any time on the leadership team right now because we got a lot to talk about.

So I'm going to go right into regulatory tailwinds. And if you have never seen Red Cat or don't know the story, we make drones, made in USA, which is very important these days. But the thing that's been really exciting is in December 2022, the US government put DJI, which had over 95% market share in the US, on the entity list, which meant that they were to be banned from most federal dollars. A year later, in December 2021, DJI

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