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Red Cat Holdings Appoints Experienced Venture Capitalist and Cargo Drone Entrepreneur Christopher R. Moe to its Board of Directors

Red Cat Holdings, Inc. (“Red Cat” or the “Company”), a hardware-enabled software provider to the drone industry, announced that Christopher R. Moe, a seasoned business executive, has been appointed to its Board of Directors.

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“Christopher’s extensive experience in operational finance, venture capital, M&A, and corporate finance transactions in the transportation industry — along with his current role as CFO of an autonomous cargo delivery drone developer and manufacturer — make him an excellent addition to our already strong Board of Directors,” commented Jeff Thompson, Red Cat’s founder and CEO. “We look forward to Christopher’s guidance as we look to scale our drone manufacturing and expand our commercial and government sales.”

Since 2018, Mr. Moe has served as the CFO and Director of Yates Electrospace Corporation, a heavy payload autonomous cargo delivery drone developer and producer. He is also the Chairman, CEO, and co-founder of ProBrass Inc. and was previously CFO of Vectrix Holdings Limited, a subsidiary of GP Industries Ltd, which manufactures electric motorcycles, and CFO and a Director of Vectrix Corporation.

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His experience also includes serving as Managing Director at GH Ventures and Kirkland Investment Corp. and as Vice President at Wasserstein, Perella & Co. and Citicorp’s Leveraged Capital Group. Mr. Moe served as a Captain in the U.S. Marines and was deployed twice to the Western Pacific and Indian Ocean. He holds a BA degree in English from Brown University and an MBA from the Harvard Business School.

“Red Cat has incredible potential to be a leader in the small drone market. Its current traction in the military segment, established leadership in the consumer goggle market, and opportunities within the enterprise and inspection markets are all key drivers of the Company’s future success. I look forward to working with this exciting company and helping Red Cat achieve its growth potential,” added Mr. Moe.

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