Streetbeat News

RCAT

Red Cat Holdings, Inc.

https://www.redcatholdings.com

Industry

Computer Hardware

Red Cat Holdings, Inc., through its subsidiaries, provides various products, services, and solutions to the drone industry. It offers commercial and government unmanned aerial vehicle technology for reconnaissance, public safety, and inspection applications. The company also provides First Person View (FPV) video goggles; and software and hardware solutions that enable drones to complete inspection services in locations where global positioning systems are not available. In addition, it is involved in the sales of FPV drones and equipment primarily to the consumer marketplace. Red Cat Holdings, Inc.is based in San Juan, Puerto Rico.

Open

7.20

Mkt cap

621M

Volume

7.2M

High

8.46

P/E Ratio

-19.60

52-wk high

12.57

Low

7.16

Div yield

N/A

52-wk low

0.56

Red Cat Holdings, a drone technology company, reported its financial results for the fiscal second quarter of 2025. The company integrates robotic hardware and software for military, government, and commercial operations.

Portfolio Pulse from

December 16, 2024 | 9:30 pm

Drone stocks, particularly Red Cat Holdings, are experiencing a surge on Wall Street due to increased sightings in the northeast, drawing renewed attention to the sector.

Portfolio Pulse from

December 16, 2024 | 3:30 pm

Red Cat Holdings, Inc. (Nasdaq: RCAT) announced leadership updates to support growth after winning a U.S. Army contract. The changes aim to enhance operations, manufacturing, and customer service.

Portfolio Pulse from

December 02, 2024 | 10:45 pm

Red Cat Holdings has promoted Geoffrey Hitchcock to Chief Revenue Officer. Hitchcock, previously the General Manager for Teal Drones, will now oversee revenue strategies for the drone technology company.

Portfolio Pulse from

November 27, 2024 | 1:15 pm

Red Cat Holdings has announced that its next generation Teal system has been selected as the U.S. Army's Program of Record for the Short Range Reconnaissance (SRR) small unmanned aircraft system (sUAS). This concludes a competitive selection process.

Portfolio Pulse from

November 19, 2024 | 8:00 pm

Red Cat Holdings, Inc. (NASDAQ:RCAT) has secured a contract with the Royal Australian Navy for 12 FlightWave Edge 130 Blue systems, facilitated by Criterion Solutions Pty Ltd. This highlights Red Cat's expansion in military drone technology.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 7:52 pm

Red Cat Holdings has secured a $1 million contract for its FlightWave Edge 130 Blue drone, indicating potential growth and increased revenue for the company.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 1:17 pm

The article highlights unusual options activity for several information technology stocks, indicating potential trading opportunities. Notable mentions include bullish sentiment for NVDA, AMD, and SMCI, while bearish sentiment is observed for PLTR, FROG, ENPH, GLW, and RCAT. AAPL and MSTR show neutral sentiment.

Portfolio Pulse from Benzinga Insights

October 11, 2024 | 5:35 pm

Several information technology stocks experienced significant price movements during Tuesday's intraday session. Notable gainers included Wellchange Holdings, Red Cat Holdings, and Veritone, while Sobr Safe, Cemtrex, and OneConnect Financial Tech were among the biggest losers.

Portfolio Pulse from Benzinga Insights

October 08, 2024 | 4:30 pm

Red Cat shares rose following the announcement of a $1.6 million contract for Edge 130 Blue Drones.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 4:11 pm

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