Red Cat Holdings (RCAT) Stock

SAN JUAN, Puerto Rico, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT), a drone technology company building hardware and software for military, government, and commercial operations, today announced the promotion of Geoffrey Hitchcock to Chief Revenue Officer (CRO). Hitchcock previously served as the General Manager for Teal Drones (a Red Cat subsidiary), where he was responsible for building a global sales organization for its hardware and software solutions.

Red Cat's next generation Teal system will be the Army's Program of Record SRR sUAS, concluding the rigorous, multi-tranche competitive process Red Cat's next generation Teal system will be the Army's Program of Record SRR sUAS, concluding the rigorous, multi-tranche competitive process

Red Cat Holdings' biggest growth driver relies on landing the US Army's SRR T2 contract, which could increase revenue by up to $79 million in the next year. The company projects 2025 revenue between $50-$55 million even without the SRR T2 contract, which is a significant increase from the TTM revenue of $18.9 million. Since joining the Russell Microcap Index, RCAT's visibility has jumped, pushing its share price up over 100% as new institutional investors discovered the company.

SAN JUAN, Puerto Rico, Oct. 28, 2024 (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 new contract and order for 12 of its FlightWave Edge 130 Blue system from the Royal Australian Navy. The contract was secured through Criterion Solutions Pty Ltd.

Company establishes relationship with the United States Army Communications-Electronics Command Company establishes relationship with the United States Army Communications-Electronics Command

Red Cat (RCAT) recently received $1.6 million from the U.S. Defense Logistics Agency. The drone company will also assist with Hurricane Milton relief efforts.

SAN JUAN, Puerto Rico, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc.  (Nasdaq: RCAT), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, today announced that Brett has joined its Board of Advisors. Brett is a drone industry expert, national media personality, and best-selling author of Drone Warrior , a first-hand account that chronicles the U.S. military's evolution between 2001 - 2016 and the technology driving it.

Red Cat Holdings, Inc. (NASDAQ:RCAT ) Q1 2025 Earnings Conference Call September 23, 2024 4:30 PM ET Company Participants Jeff Thompson - Chairman of the Board, CEO and President Leah Lunger - CFO Conference Call Participants Ashok Kumar - ThinkEquity Glenn Mattson - Ladenburg Thalmann Carlo Corzine - Dawson James Securities Operator Ladies and gentlemen, thank you for standing by. Good afternoon and welcome to the Red Cat Holdings Fiscal 2025 First Quarter Financial Results and Corporate Update Conference Call.

SAN JUAN, Puerto Rico, Sept. 23, 2024 (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, reports its financial results for the fiscal first quarter ended July 31, 2024 and provides a corporate update.