RH

Red Cat Holdings

RCAT
NASDAQIndustrials
$11.18
USD
-0.83(-6.91%)
At close: Jun 12, 20:00 UTC

Open

$11.17

Prev. Close

$11.17

High

$11.21

Low

$11.15

Market Snapshot

Market Cap

$1.35B

P/E Ratio

-15.9

EPS

-0.42

Revenue

$25.87M

Employees

244

Why RCAT moved

Red Cat Holdings secured a $742,000 Army contract while advancing its Quaze Technologies acquisition, despite facing an 11.8% drop in stock value.

About

Red Cat Holdings, Inc. provides products, services and solutions to the drone industry. The firm provides its services to the enterprise, military, and consumer markets via designing, developing, marketing, and drone software and products' sales. Red Cat's Golden Eagle drones are approved by the Department of Defense for reconnaissance, public safety, and inspection applications. Through its wholly owned subsidiaries, Teal Drones and FlightWave Aerospace, The Company develops American-made hardware and software that support military, government, and public safety operations across air, land, and sea. Its Family of Systems, led by Black Widow, delivers tactical capabilities in small, unmanned aircraft systems (sUAS). The firm's offering also includes uncrewed surface vessels (USVs), delivering integrated platforms designed to enhance safety and multi-domain mission effectiveness.

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