Red Cat Holdings

Red Cat Holdings, Inc. provides products, services and solutions to the drone industry. It also engages in the provision of distributed data storage, analytics and services for the drone industry.The firm product include Dronebox, which is a blockchain technology that records, stores and analyzes flight data and information from a drone. It operates through the following segments: Enterprise and Consumer segments. The Enterprise Segment will focus on developing a hardware enabled software platform of services and solutions to government and commercial enterprises and the military. The company was founded by Jeffrey M. Thompson in February 1984 and is headquartered in San Juan, Puerto Rico.

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Red Cat Holdings achieves record revenue growth and strategic expansion

Red Cat Holdings (RCAT) delivered exceptional financial performance in Q4 2024, driven by revenue growth and strategic initiatives to expand its product portfolio and capabilities.
While facing challenges related to pending matters and market competition, the company's strong financial position, partnerships, and growth opportunities position it well for the future.
By focusing on innovation, strategic acquisitions, and operational efficiency, Red Cat is poised to capitalize on emerging trends in the drone industry and sustain its growth momentum.

Red Cat Holdings reports record revenue and forecasts strong growth

Red Cat Holdings (RCAT) delivered robust Q1 2025 results with record revenue and product expansion, signaling growth potential.
While facing challenges such as contract delays and operational efficiency, Red Cat's strong backlog and revenue outlook offer optimism.
The company's strategic focus on defense sector needs and transition to a calendar year bode well for future performance and transparency.

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Red Cat Holdings, Inc. provides products, services and solutions to the drone industry. It also engages in the provision of distributed data storage, analytics and services for the drone industry.The firm product include Dronebox, which is a blockchain technology that records, stores and analyzes flight data and information from a drone. It operates through the Enterprise Segment. The Enterprise Segment will focus on developing a hardware enabled software platform of services and solutions to government and commercial enterprises and the military. The company was founded by Jeffrey M. Thompson in February 1984 and is headquartered in San Juan, Puerto Rico.

Red Cat Holdings' biggest growth driver relies on landing the US Army's SRR T2 contract, which could increase revenue by up to $79 million in the next year. The company projects 2025 revenue between $50-$55 million even without the SRR T2 contract, which is a significant increase from the TTM revenue of $18.9 million. Since joining the Russell Microcap Index, RCAT's visibility has jumped, pushing its share price up over 100% as new institutional investors discovered the company.

Red Cat Holdings Takes Flight, SRR Contract Could Propel Shares Even Higher

SAN JUAN, Puerto Rico, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc.  (Nasdaq: RCAT) (“Red Cat”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, today announced a new contract and order for 12 of its FlightWave Edge 130 Blue system from the Royal Australian Navy. The contract was secured through Criterion Solutions Pty Ltd.

Red Cat to Supply FlightWave Edge 130 Blue Systems to Royal Australian Navy

Company establishes relationship with the United States Army Communications-Electronics Command Company establishes relationship with the United States Army Communications-Electronics Command

Red Cat Secures $1 Million Contract for its FlightWave Edge 130 Blue

SAN JUAN, Puerto Rico, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc.  (Nasdaq: RCAT), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, today announced that Brett has joined its Board of Advisors. Brett is a drone industry expert, national media personality, and best-selling author of Drone Warrior , a first-hand account that chronicles the U.S. military's evolution between 2001 - 2016 and the technology driving it.

U.S. Army Special Operations Veteran and Drone Expert Joins Red Cat's Board of Advisors

SAN JUAN, Puerto Rico, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc.  (Nasdaq: RCAT) (“Red Cat”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, today announced it secured $1.6 million in contracts for Edge 130 Blue drones, FlightWave's Blue UAS approved military-grade tricopter to the U.S. Customs & Border Protection (CBP). The contract was secured through Darley, a leading distributor of equipment and technology to first responders and the military, and was coordinated for procurement by the U.S. Defense Logistics Agency (DLA) on behalf of CBP.

Red Cat Secures $1.6 Million In Contracts for its FlightWave Edge 130 Blue

Palladyne AI Corp

SALT LAKE CITY--(BUSINESS WIRE)--Red Cat and Palladyne AI Partner to Embed Artificial Intelligence into Teal Drones to Enable Autonomous Operation.

Red Cat and Palladyne AI Partner to Embed Artificial Intelligence into Teal Drones to Enable Autonomous Operation

Red Cat Holdings, Inc. (NASDAQ:RCAT ) Q1 2025 Earnings Conference Call September 23, 2024 4:30 PM ET Company Participants Jeff Thompson - Chairman of the Board, CEO and President Leah Lunger - CFO Conference Call Participants Ashok Kumar - ThinkEquity Glenn Mattson - Ladenburg Thalmann Carlo Corzine - Dawson James Securities Operator Ladies and gentlemen, thank you for standing by. Good afternoon and welcome to the Red Cat Holdings Fiscal 2025 First Quarter Financial Results and Corporate Update Conference Call.

Red Cat Holdings, Inc. (RCAT) Q1 2025 Earnings Call Transcript

SAN JUAN, Puerto Rico, Sept. 23, 2024 (GLOBE NEWSWIRE) --  Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or “Company”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, reports its financial results for the fiscal first quarter ended July 31, 2024 and provides a corporate update.

Red Cat Holdings Reports Financial Results for Fiscal First Quarter 2025 and Provides Corporate Update

SANTA MONICA, Calif., Sept. 17, 2024 (GLOBE NEWSWIRE) -- FlightWave Aerospace, a leading innovator in unmanned aerial systems (UAS), today announced it has secured a $1.9 million award through the U.S. Air Force's Tactical Funding Increase (TACFI) program. Following the recent acquisition of FlightWave by Red Cat Holdings, Inc. (Nasdaq: RCAT), the company will use the funding to support critical enhancements to the Edge 130 Vertical Takeoff and Landing (VTOL) system, now a part of Red Cat's family of low-cost, portable unmanned reconnaissance and precision lethal strike systems.

FlightWave, a Red Cat Company, Secures $1.9 Million TACFI Award for Advanced Enhancements to Edge 130 VTOL

As militaries worldwide invest in unmanned AI swarm drone warfare solutions, Red Cat is well positioned to capitalize on the trend. RCAT is seeing strong revenue growth, better operational focus, and a series of looming catalysts. Red Cat could be awarded the US Army's SRR T2 contract, worth between $600 million and $720 million, later this fall.

Red Cat Holdings: Looming Catalysts And The New Era Of AI Drone Swarm Warfare

Red Cat Holdings, Inc. (NASDAQ:RCAT ) Q4 2024 Earnings Conference Call August 8, 2024 6:00 PM ET Company Participants Jeff Thompson - Chairman of the Board, Chief Executive Officer and President Leah Lunger - Chief Financial Officer Conference Call Participants Ashok Kumar - ThinkEquity Glenn Mattson - Ladenburg Thalmann Carlo Corzine - Dawson James Securities Operator Ladies and gentlemen, thank you for standing by. Good afternoon, and welcome to the Red Cat Holdings Fiscal 2024 Annual Financial Results and Corporate Update Conference Call.

Red Cat Holdings, Inc. (RCAT) Q4 2024 Earnings Call Transcript

SAN JUAN, Puerto Rico, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or “Company”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, reports its financial results for the fiscal year ended April 30, 2024 and provides a business update

Red Cat Holdings Reports Financial Results for Fiscal Year Ended April 30, 2024 and Provides Business Update

Conference Call to be held Thursday, August 8, 2024, at 6:00 p.m. Eastern Time Conference Call to be held Thursday, August 8, 2024, at 6:00 p.m. Eastern Time

Red Cat Holdings to Report Fiscal Year-End 2024 Financial Results and Provide Corporate Update on Thursday, August 8, 2024

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SAN JUAN, Puerto Rico, July 22, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, today announced that it secured $4.4 million of non-dilutive financing through its divestiture in Unusual Machines. Additional information on the financing will be filed with the U.S. Securities and Exchange Commission.

Red Cat Secures $4.4 Million of Non-Dilutive Financing

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SAN JUAN, Puerto Rico, June 24, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, today announced that it is set to join the Russell Microcap® Index at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective following the closing of US equity markets on Friday, June 28, 2024, according to a preliminary list of additions posted Friday, May 24, 2024.

Red Cat Set to Join Russell Microcap® Index

Unusual Machines Inc /US

This press release amends the headline and corrects a misspelling in the previously released version ORLANDO, FL / ACCESSWIRE / June 21, 2024 / Unusual Machines, Inc. , (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, today announced it will provide the first drone and components in Red Cat's new FANG™ line of First-Person View (FPV) systems. This partnership underscores Unusual Machines' commitment to onshoring drone and component production, as well as its expertise in FPV technology.

CORRECTION FROM SOURCE Unusual Machines Selected to Provide the First Drone for Red Cat's FANG(TM) Line of First-Person View Strike Systems

ORLANDO, FL / ACCESSWIRE / June 21, 2024 / Unusual Machines, Inc. , (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, today announced it will provide the first drone and components in Red Cat's new FANG™ line of First-Person View (FPV) systems. This partnership underscores Unusual Machines' commitment to onshoring drone and component production, as well as its expertise in FPV technology.

Unusual Machines Selected to Provide the First Drone for Red Cat's FAN(TM) Line of First-Person View Lethal Strike Systems

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SAN JUAN, Puerto Rico, June 17, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc.  (Nasdaq: RCAT) (“Red Cat”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, today introduced its new family of unmanned Intelligence, Surveillance, and Reconnaissance (ISR) and precision lethal strike systems. The announcement, made on the first day of Eurosatory in Paris, comes on the heels of Red Cat's LOI to acquire FlightWave Aerospace Systems Corporation .

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