Military Drone Manufacturing
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Red Cat Revenue Surges 1,800% After Crossing Into Mass Production
Yahoo Finance· 2026-01-15 22:41
Red Cat military drone flying over rugged terrain highlights defense technology innovation. Key Points The company reported exponential revenue growth driven by the successful execution of government defense contracts and the shift to mass production. Management has significantly expanded manufacturing capacity across aerial and maritime divisions to meet the surging demand for autonomous systems. A strong balance sheet with substantial cash reserves positions the company to fulfill large-scale orders ...