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Qorvo Inc. stock rises Wednesday, still underperforms marketSAN JUAN, Puerto Rico, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc . (Nasdaq: RCAT), a drone technology company building hardware and software for military, government, and commercial operations, today announced several leadership updates to align its executive team with the company’s top priorities for scaling operations, manufacturing and meeting the needs of a fast-growing portfolio of customers. George Matus, Red Cat’s Chief Technology Officer (CTO), is departing the company and is taking the role of CTO at Vector . As the founder of Teal Drones, George has played a vital role in Red Cat’s journey, including the recent production selection of its Black Widow drones for the U.S. Army’s SRR Program. His innovative contributions have significantly advanced Red Cat’s technology and product development. “George has been an invaluable asset to Red Cat and we fully support his transition to Chief Technology Officer at Vector,” said Jeff Thompson, Red Cat CEO. “Red Cat looks forward to partnering with Vector to equip the U.S. military and its warfighters with fully integrated, rapidly deployable technology that ensures operational success.” Chris Rill, currently Director of Partner Integration, will also transition to the role of President of Teal Drones, another Red Cat subsidiary. Chris brings nearly 20 years of experience working at the intersection of hardware and software. As a co-founder and CTO at Canary, Chris successfully delivered two award-winning connected camera security products and shipped more than 200,000 products globally. He has served as CTO for several other connected hardware companies where he's advised on product development, security, strategy, manufacturing, fundraising, and hiring. In his new role Chris will focus on scaling engineering and manufacturing and developing process efficiencies to meet the large-scale demands of the U.S. Army and Red Cat’s global customers. These leadership updates follow the recent announcement of Geoffrey Hitchcock’s promotion from General Manager of Teal Drones to Chief Revenue Officer (CRO) for Red Cat, underscoring the company’s deliberate efforts to expand its market reach and advance its leadership position in the small UAS industry. “As a fast-growing company in a rapidly evolving industry, aligning our leadership with our aggressive plans for scale is paramount,” added Thompson. “Chris and Geoff have proven track records in scaling operations, forging partnerships, and delivering innovative solutions required for the modern battlefield. With these strategic changes, we are well-positioned to meet the increasing demands of our customers while ensuring we fit into the U.S. Army’s long-term vision for medium and long-range UAS operations.” About Red Cat Holdings, Inc. Red Cat (Nasdaq: RCAT) is a drone technology company integrating robotic hardware and software for military, government, and commercial operations. Through two wholly owned subsidiaries, Teal Drones and FlightWave Aerospace, Red Cat has developed a leading-edge Family of Systems. This includes the flagship Black WidowTM, a small unmanned ISR system that was awarded the U.S. Army’s Short Range Reconnaissance (SRR) Program of Record contract. The Family of Systems also includes TRICHONTM, a fixed wing VTOL for extended endurance and range, and FANGTM, the industry's first line of NDAA compliant FPV drones optimized for military operations with precision strike capabilities. Learn more at www.redcat.red. Forward-Looking Statements This press release contains "forward-looking statements" that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will" "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Red Cat Holdings, Inc.'s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled "Risk Factors" in the Form 10-K filed with the Securities and Exchange Commission on July 27, 2023. Forward-looking statements contained in this announcement are made as of this date, and Red Cat Holdings, Inc. undertakes no duty to update such information except as required under applicable law. INVESTORS: E-mail: Investors@redcat.red NEWS MEDIA: Phone: (347) 880-2895 Email: redcat@indicatemedia.comTuesday’s contest features the Iowa Hawkeyes (5-1) and the South Carolina Upstate Spartans (2-6) facing off at Carver-Hawkeye Arena in what is expected to be a one-sided matchup, with a projected 94-66 victory for heavily favored Iowa according to our computer prediction. Game time is at 8:00 PM ET on November 26. According to our computer prediction, South Carolina Upstate should cover the point spread, which currently sits at 29.5. The two sides are projected to go under the 167.5 over/under. Watch men’s college basketball, other live sports and more on Fubo. What is Fubo? Fubo is a streaming service that gives you access to your favorite live sports and shows on demand. Use our link to sign up for a free trial. Place your bets on any men’s college basketball matchup at BetMGM. Sign up today using our link. Iowa has compiled a 3-3-0 record against the spread this season, while South Carolina Upstate is 4-2-0. In terms of hitting the over, games involving the Hawkeyes are 2-4-0 and the Spartans are 6-0-0. The two teams average 165.3 points per game combined, 2.2 fewer than this matchup’s total. Bet on this or any men’s college basketball matchup at BetMGM. Rep your favorite players with officially licensed gear. Head to Fanatics to find jerseys, shirts, hats, and much more. Not all offers available in all states, please visit BetMGM for the latest promotions for your area. Must be 21+ to gamble, please wager responsibly. 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Sprouse, Rondal Rondal Wayne Sprouse, 84 of Normantown, WV; departed this earthly life in the early morning hours of Thursday, December 26, 2024 at his residence in Normantown. He was born June 5, 1940 in Normantown, son of the late Ernest and Hazel (Carpenter) Sprouse. Rondal is a graduate of Normantown high School, class of 1959 and a graduate of Salem University, class of 1963. He was a teacher at Jane Lew High School and Lewis County High School for several years, having then transitioned to a social worker/supervisor for the Department of Health and Human Resources in Logan, Boone, Gilmer, Calhoun, and Wirt counties. In his spare time, Rondal enjoyed working the 110 acre family farm in Normantown, spending time with family and friends, watching WVU sports, and living the quiet life in the Normantown area. Rondal was also instrumental in organizing the Normantown Historical Community Center, having invested countless hours donating his time and energy to that cause. Surviving are 6 siblings, Larry Sprouse of Normantown, Carolyn Johnson of Cox's Mills, Loretta Swinerton of Charleston, Norma Begley of Newberne, Neal Sprouse (Becky) of Glenville, and Kelvin Sprouse (Vicki) of Linn. Also surviving are a host of nieces, nephews, cousin and many other wonderful family and friends. Along with his parents, Rondal is preceded in death by a brother, Denzil Sprouse and baby sister, Anna Lue Sprouse. A funeral service will be conducted at the Ellyson Mortuary, Inc., 2 Vanhorn Drive, Glenville, WV; 26351 at 1:00 PM; Monday, December 30, 2024 with Pastor Mike Sprouse officiating. Burial will follow in the Turner Cemetery near Lockney. Friends will be received from 11:00 AM 1:00 PM Monday at the mortuary in Glenville. In lieu of flowers, Rondal request memorial contributions be made to the Normantown Historical Community Center LLC., 10223 US Hwy 33 West, Normantown, WV; 25267. Ellyson Mortuary, Inc., is honored to assist the family of Rondal Wayne Sprouse with traditional burial arrangements.TAMPA, Fla. (AP) — Tampa Bay’s bid for a fourth straight NFC South title and fifth consecutive playoff berth is gaining momentum. Back-to-back wins over a pair of last-place teams , combined with Atlanta’s three-game losing streak, have propelled the Bucs (6-6) to a tie atop the division. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get any of our free email newsletters — news headlines, obituaries, sports, and more.
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Thursday morning, Kristaps Porzingis said the Celtics’ unselfishness and team-first attitude are essential ingredients to their success. Six hours later, Detroit Pistons head coach J.B. Bickerstaff spotlighted those same attributes ahead of his team’s latest matchup at TD Garden, saying other NBA teams should “try to emulate” the defending champs’ approach. “They just seem like they care about winning more than anything else,” Bickerstaff said. “99% of the time, it seems like they make the right, simple pass to whoever it is that’s open. I know this sounds crazy, but there aren’t that many teams that at that level would just throw the ball to the open man, and that shows the ultimate amount of trust in team. And then everybody goes out and they repeat what their stars do. “Jayson Tatum, Jaylen Brown — those guys could shoot the ball every time they wanted to. But they sacrifice for themselves to make the right play over and over again. I think it sets the tone, and they’ve built and established a great culture of that here and one that people should try to emulate more.” Of course, it’s easier to trust your teammates when you’re on a roster as stacked as Boston’s. The Celtics returned nearly every player from last season’s title-winning team, and their cohesiveness and top-to-bottom talent helped them win 19 of their first 24 games despite not yet playing a full contest with their entire roster available. That trend continued Thursday, with superstar Jayson Tatum and bench scorer Sam Hauser both ruled out against Detroit due to injury. “We have a very complete team and a very hungry team,” Porzingis said. “A lot of guys that potentially would play a lot more minutes and have a lot more shots, a lot bigger role, have to accept their role that they have here because we are a winning team. We’re a strong team. ... Myself, too. We all sacrifice a little bit for the better of this group, and last year, it paid off. We’ve got to make sure that we have the same mindset and the same willingness to sacrifice our own individual stuff for the greater of the team.”
