Deal facts
- Buyer
- Red Cat Holdings, Inc.
- Target
- Quaze Technologies, Inc.
- Deal value
- USD 21,000,000
- Announced
- 20 May 2026
- Status
- Completed
- Sector
- Aerospace & Defence
- Country
- Canada
- Consideration
- shares, earn-out
Sources
Red Cat Holdings, Inc. has agreed to acquire Quaze Technologies, Inc. in a strategic acquisition valued at USD 21 million. The consideration for the transaction comprises shares and an earn-out component. This deal brings together a US-based buyer and a Canadian target operating within the Aerospace and Defence sector. The transaction was announced on 20 May 2026, with completion occurring the following day on 19 May 2026.
The deal structure allows for a combination of equity and performance-based payments to finalise the purchase price. Regulatory bodies and other necessary approvals were required to facilitate the transfer of ownership between the two entities. The transaction is now complete and the combined entity is expected to proceed with its integrated operations immediately.
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1 update- CompletedClosed
Red Cat Holdings, Inc. completes acquisition of Quaze Technologies, Inc.
Item 2.01 Completion of Acquisition or Disposition of Assets. Share Purchase Agreement with respect to the acquisition of all the shares in the capital of Quaze Technologies, Inc. On May 19, 2026 (the “Closing Date”), Red Cat Holdings, Inc. (the “Company”), a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security, completed its acquisition of Quaze
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Buyer history
Red Cat Holdings, Inc.
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