Red Cat Holdings, Inc. Q4 2025 Earnings Call Summary

Achieved a record Q4 with revenue of $26.2 million, driven by accelerated deliveries to defense and government customers and the successful execution of a multi-domain strategy. Rapidly expanded manufacturing footprint from 36,000 to 254,000 square feet across four states to transition from a startup to a high-reliability production enterprise. Launched the Blue Ops maritime division, extending the company's 'family of systems' to cover 100% of the globe by adding uncrewed surface vessels (USVs) to ex ...