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Investing.com -- Red Cat Holdings Inc (NASDAQ:RCAT) stock surged 8.3% in Monday’s premarket trading after the company announced successful flight testing of its Black Widow drone equipped with Palantir Technologies’ (NYSE:PLTR) Visual Navigation Software.
The tests demonstrated that the Black Widow drone, which is part of the U.S. Army’s Short Range Reconnaissance program, can navigate effectively in GPS-denied environments using Palantir’s visual-based navigation software. This marks the first known commercial demonstration of visual navigation software on a drone already accepted into a U.S. Army program.
"This is a breakthrough moment not just for Red Cat, but for the tactical needs of the Department of War," said Jeff Thompson, CEO of Red Cat. "Every battlefield is a GPS-denied environment, and this successful test shows that Red Cat and Palantir are delivering a software-driven solution the Army can rely on."
The testing validated full integration with the Black Widow flight controller, accurate navigation without GPS, reliable operation at low altitudes and speeds up to 16 mph, and performance in low-light conditions. According to the company, Palantir’s Visual Navigation achieved a mean positional error of approximately 7 meters over a 2.7-kilometer route.
The technology requires no additional hardware, as it runs entirely on the drone’s existing onboard sensors. Red Cat and Palantir are now working toward a formal Army demonstration and full productized capability for all fielded Black Widow systems.
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