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Which Analyst-Favorite Drone Stock Will Come Out on Top?
MarketBeat· 2025-06-25 13:17
The drone market in the United States is projected to reach about $5.5 billion in 2029, expanding at a CAGR of 10.3% from 2024 through that period. Drones have varied applications in civil, commercial, and defense settings and have become indispensable to everything from weather monitoring to surveillance to military endeavors. For investors, drones present a unique opportunity to gain exposure to a fast-growing industry insulated from a slump in any sector or space. For investors keen to target drones in t ...
Red Cat Holdings Announces Closing of $46.75 Million Registered Direct Offering of Common Stock
Globenewswire· 2025-06-18 20:05
SAN JUAN, Puerto Rico, June 18, 2025 (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, has successfully closed the previously announced registered direct offering with certain institutional investors for the purchase and sale of 6,448,276 shares of common stock resulting in gross proceeds of approximately $46.75 million, before deducting placement agent ...
Red Cat Holdings Announces $46.75 Million Registered Direct Offering of Common Stock
Globenewswire· 2025-06-17 13:19
SAN JUAN, Puerto Rico, June 17, 2025 (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, announced today that the Company has entered into securities purchase agreements with certain institutional investors for the purchase and sale of 6,448,276 shares of common stock, pursuant to a registered direct offering, expected to result in gross proceeds of approx ...
Top Drone Technology Stocks to Keep an Eye on For Robust Returns
ZACKS· 2025-06-10 15:06
An updated edition of the April 28, 2025 article.Drone technology has rapidly progressed into a transformative tool across a wide range of commercial and industrial sectors. Drones or unmanned aerial vehicles (UAVs) are reshaping the way businesses collect data, conduct surveillance, and carry out deliveries in various industries like agriculture, construction and mining.Retail giants like Walmart and Amazon (AMZN) are pushing the boundaries of drone deployment in logistics. Amazon uses drone delivery to de ...
Red Cat Supports Executive Orders to Strengthen U.S. Drone Manufacturing and National Security
Globenewswire· 2025-06-09 10:00
SAN JUAN, Puerto Rico, June 09, 2025 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, today issued a statement of support for a series of executive orders from the White House that advance U.S. leadership in uncrewed aircraft systems (UAS) and reinforce the resilience of America’s domestic industrial base. The executive actions are expected to remove regulatory barriers and mod ...
Red Cat Partners with ESAero to Support Manufacturing for Teal’s Black Widow™
Globenewswire· 2025-05-27 18:30
ESAero will provide AS9100 manufacturing capacity and engineering services to support production of the Black Widow sUASSAN JUAN, Puerto Rico, May 27, 2025 (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 partnership with ESAero to provide critical AS9100 manufacturing capacity for the Black Widow sUAS and its subsystems. The AS9100 standard ensure ...
Red Cat (RCAT) - 2025 Q1 - Earnings Call Transcript
2025-05-14 21:32
Red Cat Holdings (RCAT) Q1 2025 Earnings Call May 14, 2025 04:30 PM ET Company Participants Christian Koji Ericson - CFOJeffrey Thompson - Founder, Chairman, President & CEOAshok Kumar - Head of Equity Research Conference Call Participants Glenn Mattson - AnalystMike Latimore - MD & Equity Analyst - AI and Communications SaaS Operator Please note this event is being recorded. During this call, management will be making forward looking statements, including statements that address Redcat's expectations for f ...
Red Cat (RCAT) - 2025 Q1 - Earnings Call Transcript
2025-05-14 21:32
Red Cat Holdings (RCAT) Q1 2025 Earnings Call May 14, 2025 04:30 PM ET Company Participants Christian Koji Ericson - CFOJeffrey Thompson - Founder, Chairman, President & CEOAshok Kumar - Head of Equity Research Conference Call Participants Glenn Mattson - AnalystMike Latimore - MD & Equity Analyst - AI and Communications SaaS Operator Please note this event is being recorded. During this call, management will be making forward looking statements, including statements that address Redcat's expectations for f ...
Red Cat (RCAT) - 2025 Q1 - Earnings Call Transcript
2025-05-14 21:30
Red Cat Holdings (RCAT) Q1 2025 Earnings Call May 14, 2025 04:30 PM ET Speaker0 Please note this event is being recorded. During this call, management will be making forward looking statements, including statements that address Redcat's expectations for future performance or operational results. Forward looking statements involve risks and other factors that that may cause actual results to differ materially from those statements. For more information about these risks, please refer to the risk factors desc ...
Red Cat Reports Financial Results for First Quarter 2025 and Provides Corporate Update
GlobeNewswire News Room· 2025-05-14 20:00
SAN JUAN, Puerto Rico, May 14, 2025 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat" or the "Company"), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, reports its financial results for the first quarter ended March 31, 2025 and provides a corporate update. Recent Operational Highlights Announced the expansion of our multi-domain Family of Systems with a new line of Unmanned Surface Vessels (USVs). This strategic m ...