Red Cat’s platform release includes several integrated systems that enable industry regulators to track and review drone flight data, insurance companies to insure drones with reliable third-party data, and pilots to ensure compliance with regulators.
According to the Wall Street Journal, U.S. regulators expect the number of commercial drones and people flying them to quadruple by 2022. While drone use continues to expand, the regulations and monitoring are not keeping pace. Recently, U.S. lawmakers warned that any serious incidents between drones and commercial aircraft could put the future of the commercial drone industry at risk.
Red Cat’s proprietary platform was designed to provide a simple and secure data storage and analytics solution for regulators, insurance companies, pilots/enterprisers with drone fleets, and drone service companies.
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