Utah Gov. Tours Teal Drones HQ to Discuss State Support for Utah’s Defense Industry

by DRONELIFE Staff Writer Ian M. Crosby

UAV ETFRed Cat Holdings [NASDAQ:RCAT]  is held in the AdvisorShares Drone Technology ETF [NYSE ARCA:UAV], the only ETF dedicated to the drone economy. For complete list of holdings click here.  The AdvisorShares Drone Technology ETF is a thematic investment strategy seeking to capture the growth opportunities in drones and autonomous vehicles (AV).  AdvisorShares is a DRONELIFE sponsor.

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Military technology company Red Cat Holdings has announced that Utah Gov. Spencer Cox toured the Salt Lake City HQ of its subsidiary, Teal Drones, on January 25th. The visit was organized in order to help educate the governor on the company’s operations and their national impact, as well as the opportunities and challenges facing industries in Utah.

“We discussed ways in which the state can support our efforts across…


Source: dronelife.com