SALT LAKE CITY, Dec. 23, 2025 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT), a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security, today responded to the Federal Communications Commission’s (FCC) announcement to immediately implement Section 1709 of the FY25 National Defense Authorization Act (NDAA). The FCC’s action adds foreign-manufactured drones and their critical components to the Covered List effective immediately. This step was taken f ...

SALT LAKE CITY, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security, today announced that Jeff Thompson, Chief Executive Officer, and Christian Morrison, Chief Financial Officer, will present at the Needham Growth Conference on Wednesday, January 14, 2026, at the Lotte NY Palace Hotel in New York, NY. The presentation is scheduled to begin at 11:00 a.m. ...

Core Insights - Red Cat Holdings, Inc. has announced two key leadership transitions aimed at enhancing operational execution and financial performance as the company accelerates growth [1][5] Leadership Changes - Christian Ericson has been promoted from Chief Financial Officer (CFO) to Chief Operating Officer (COO), where he will oversee daily operations, optimize supply chain and production processes, and drive strategic initiatives for efficiency and profitability [2][5] - Christian Morrison has been appointed as the new Chief Financial Officer (CFO), bringing over 20 years of experience in corporate finance, including significant milestones such as IPOs and M&A transactions [3][4] Executive Statements - CEO Jeff Thompson praised Ericson's financial leadership and industry expertise, emphasizing the importance of his role in meeting the growing demand for Red Cat's drone systems [3] - Morrison expressed enthusiasm about joining Red Cat during a transformative period in the drone industry and aims to drive financial discipline and strategic growth initiatives [4] Company Overview - Red Cat Holdings, Inc. specializes in advanced all-domain drone and robotic solutions for defense and national security, with subsidiaries like Teal Drones and FlightWave Aerospace [6] - The company is expanding its capabilities into maritime operations through Blue Ops, Inc., focusing on uncrewed surface vessels (USVs) to enhance safety and mission effectiveness [6]

Core Insights - Apium Swarm Robotics has signed a Memorandum of Agreement with Red Cat Holdings to enhance drone operational capabilities for defense and national security [1][2] - The partnership aims to integrate Apium's swarm technology into Red Cat's drone systems, particularly the Teal 2 drone, which has successfully demonstrated autonomous multi-agent missions [3][4] Company Overview - Apium Swarm Robotics specializes in distributed autonomy for unmanned systems, focusing on real-time swarming capabilities and decentralized decision-making [10] - Red Cat Holdings is a provider of advanced drone and robotic solutions, with a focus on military and public safety operations across various domains [12] Technological Advancements - Apium's technology allows drones to operate independently, making real-time decisions without centralized control, enhancing resilience against failures and communication loss [5][7] - The system supports a variety of behaviors that can be easily adjusted during missions, allowing for flexible operational strategies [6] Strategic Initiatives - The collaboration is part of the Red Cat Futures Initiative, which aims to accelerate the deployment of autonomous systems across air, land, and sea [8] - By joining this initiative, Apium will work on integrating its swarm-enabled platform across Red Cat's Family of Systems, enhancing tactical capabilities [9]

Core Points - Red Cat Holdings, Inc. will release its third quarter 2025 financial results on November 13, 2025, after market close [2] - The company will host an earnings conference call at 4:30 p.m. ET on the same day to discuss financial results and corporate developments [2] - Jeff Thompson, CEO, will present at the H.C. Wainwright AeroNext Conference on December 10, 2025, and both he and CFO Chris Ericson will participate in the Northland Capital Virtual Growth Conference on December 16, 2025 [8] Company Overview - Red Cat Holdings, Inc. is a U.S.-based provider of advanced drone and robotic solutions for defense and national security [6] - The company develops American-made hardware and software through its subsidiaries, Teal Drones and FlightWave Aerospace, supporting military, government, and public safety operations [6] - Red Cat's Family of Systems, including the Black Widow™, offers tactical capabilities in small unmanned aircraft systems (sUAS) and is expanding into maritime solutions with Blue Ops, Inc. [6]

Core Viewpoint - Red Cat Holdings, Inc. is set to present at the ThinkEquity Conference, highlighting its advanced drone and robotic solutions for defense and national security [1][2]. Company Overview - Red Cat Holdings, Inc. (Nasdaq: RCAT) specializes in advanced all-domain drone and robotic solutions aimed at defense and national security [3]. - The company operates through subsidiaries Teal Drones and FlightWave Aerospace, focusing on American-made hardware and software for military, government, and public safety operations across various domains [3]. - Red Cat's Family of Systems, particularly the Black Widow™, offers significant tactical capabilities in small unmanned aircraft systems (sUAS) [3]. - The company is expanding into maritime operations through Blue Ops, Inc., innovating in uncrewed surface vessels (USVs) to enhance safety and mission effectiveness [3].

Company Overview - Red Cat Holdings, Inc. is a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security [5] - The company develops American-made hardware and software through its subsidiaries, Teal Drones and FlightWave Aerospace, supporting military, government, and public safety operations across air, land, and sea [5] - Red Cat is expanding into the maritime domain with its new unmanned surface vessel division, Blue Ops, Inc., enhancing safety and multi-domain mission effectiveness [5] Recent Financial Activity - The company announced a public offering of 17,968,750 shares of common stock, with gross proceeds of approximately $172.5 million before deducting underwriting discounts and commissions [1][2] - The offering included the full exercise of the underwriters' option to purchase an additional 2,343,750 shares [1] - Net proceeds from the offering will be used for general corporate and working capital purposes, including operating expenditures related to the new unmanned surface vessel division [2] Regulatory Filings - A shelf registration statement on Form S-3 was filed with the SEC on September 15, 2025, and was declared effective on September 17, 2025 [3] - The offering was made through a written prospectus and prospectus supplement that are part of the registration statement [3]

Core Viewpoint - Red Cat Holdings, Inc. has announced a public offering of 15,625,000 shares at a price of $9.60 per share, aiming to raise approximately $150 million in gross proceeds before expenses [1][2]. Group 1: Offering Details - The offering is expected to close on or about September 19, 2025, subject to customary closing conditions [1]. - Underwriters have a 30-day option to purchase up to 2,343,750 additional shares at the public offering price [1]. - Northland Capital Markets is the sole bookrunner, with Ladenburg Thalmann & Co. Inc. acting as co-manager for the transaction [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be used for general corporate and working capital purposes, including operating expenditures related to the new unmanned surface vessel division [2]. Group 3: Company Overview - Red Cat Holdings, Inc. is a U.S.-based provider of advanced drone and robotic solutions for defense and national security [5]. - The company develops American-made hardware and software through its subsidiaries, Teal Drones and FlightWave Aerospace, supporting military, government, and public safety operations [5]. - Red Cat is expanding into the maritime domain with its Blue Ops, Inc., focusing on uncrewed surface vessels (USVs) to enhance safety and mission effectiveness [5].

Core Viewpoint - Red Cat Holdings, Inc. plans to conduct an underwritten public offering of its common stock, with a potential additional 15% of shares available for purchase by the underwriter [1][2]. Group 1: Offering Details - The offering is subject to market conditions, and there is no assurance regarding its completion or the final terms [1]. - Net proceeds from the offering will be used for general corporate purposes, including operating expenditures and capital investments in the new unmanned surface vessel division [2]. - A shelf registration statement was filed with the SEC on September 15, 2025, and was declared effective on September 17, 2025 [3]. Group 2: Company Overview - Red Cat Holdings, Inc. is a provider of advanced drone and robotic solutions for defense and national security, operating through subsidiaries like Teal Drones and FlightWave Aerospace [5]. - The company is expanding into the maritime domain with its new division, Blue Ops, Inc., focusing on uncrewed surface vessels [5].

Core Viewpoint - Red Cat Holdings, Inc. has successfully closed a registered direct offering, raising approximately $46.75 million to support its growth in the drone industry and accelerate product development for its new Unmanned Surface Vessels division [1][3]. Financial Summary - The offering involved the purchase and sale of 6,448,276 shares of common stock, resulting in gross proceeds of about $46.75 million before fees and expenses [1]. - The company plans to use the net proceeds for general corporate and working capital purposes, including operating expenditures for its new unmanned surface vessel division [2]. Operational Highlights - Jeff Thompson, the CEO, stated that this financing positions the company for significant growth in the drone industry [3]. - Northland Capital Markets acted as the exclusive placement agent, while Ladenburg Thalmann served as the financial advisor for the transaction [3]. Company Overview - Red Cat Holdings, Inc. specializes in drone technology, integrating robotic hardware and software for military, government, and commercial operations [6]. - The company has developed a Family of Systems, including the Black Widow, TRICHON, and FANG drones, with applications in military operations [6]. Future Outlook - The company aims to expand its manufacturing capacity, moving production of the Edge 130 to a larger facility and doubling the production capacity of the Black Widow to 1,000 units per month [7]. - Red Cat reiterates its annual revenue guidance for 2025, projecting between $80 million and $120 million, with specific sales targets for various products [7].