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.

Red Cat Holdings partners with Palantir, raises guidance amid strong Q2 performance

Red Cat Holdings' Q2 earnings call highlighted strong performance, strategic partnerships, and growth opportunities in the drone market. While facing challenges in CFO transition and funding, the company is well-positioned to capitalize on the Palantir partnership and expand its market presence.

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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.

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.

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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 .

Red Cat Introduces New Family of Low-Cost, Portable Unmanned Reconnaissance and Precision Lethal Strike Systems

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SAN JUAN, Puerto Rico, April 25, 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, announced it has successfully passed electronic warfare (EW) testing in Ukraine with Doodle Labs. The successful test is part of a continuous innovation cycle that began in May 2023 with a partnership between Doodle Labs and Red Cat for its U.S. Army Short Range Reconnaissance (SRR) program prototype.

Red Cat Successfully Passes Field Testing with Doodle Labs Against Electronic Warfare Technology in Ukraine

SAN JUAN, Puerto Rico, April 18, 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, announces a partnership with Sentien Robotics , a leader in autonomous drone fleet logistics. The partnership will enable organizations using Sentien's Hive UAS management platforms to deploy Teal Drones as part of a larger autonomous drone swarming strategy for mobile and fixed-position land, air, and sea defense and security operations.

Red Cat Announces Agreement with Sentien Robotics UAS Hive for Land, Air and Sea Drone Swarming Operations

SAN JUAN, Puerto Rico, April 09, 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, announces a partnership with Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT”), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions. The partnership will enable organizations using OPT's PowerBuoy® and WAM-V® platforms to deploy Teal 2 Drones as part of their strategy to leverage autonomous vehicles to assess and address maritime threats in real time.

Red Cat Begins Integration of Teal 2 Drones with Ocean Power Technologies Maritime Surveillance Solution for Air, Sea, and Subsea Defense and Security Missions

Red Cat will provide the new customers with Teal 2 drones, training, and accessories that will be used for defense and security operations globally Red Cat will provide the new customers with Teal 2 drones, training, and accessories that will be used for defense and security operations globally

Red Cat Announces $2.5 Million in Contract Awards for Two NATO Allied Countries

Red Cat Holdings, Inc. (RCAT) Q3 2024 Earnings Call Transcript

Red Cat reports record revenue for the company in Fiscal Third Quarter 2024, the third consecutive quarter of double-digit sequential growth Red Cat reports record revenue for the company in Fiscal Third Quarter 2024, the third consecutive quarter of double-digit sequential growth

Red Cat Holdings Reports Financial Results for Fiscal Third Quarter 2024 and Provides Corporate Update

SAN JUAN, Puerto Rico, March 15, 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 General (R) Paul Edward Funk II has joined its Board of Directors. The addition of General Funk brings the Board's current composition to five members, including four independent directors.

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