Welcome to our dedicated page for Red Cat Hldgs news (Ticker: RCAT), a resource for investors and traders seeking the latest updates and insights on Red Cat Hldgs stock.
Red Cat Holdings, Inc. (Nasdaq: RCAT) is a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security, and its news flow reflects that focus. Coverage on this page typically includes announcements about tactical unmanned aircraft systems, FPV platforms, and uncrewed surface vessels, as well as updates on certifications, government programs, and ecosystem partnerships.
Recent news has highlighted Red Cat’s preliminary revenue results, indicating significant year-over-year growth based on preliminary unaudited data, driven by demand from defense and government customers and expanding program wins. Other releases describe the company’s participation in investor conferences where management presents its strategy and provides updates on corporate developments.
Regulatory and policy developments are another recurring theme. Red Cat has issued statements supporting accelerated enforcement of NDAA Section 1709 and has emphasized the importance of American-made, NDAA-compliant unmanned systems as alternatives to foreign-manufactured drones deemed to pose national security risks. News items also cover key milestones such as the FANG™ FPV drone system being added to the Department of War’s Blue UAS Cleared List, which confirms compliance with cybersecurity, supply chain, and procurement standards.
Readers will also find articles on cybersecurity assessments for platforms like Black Widow™, collaborations under the Red Cat Futures Initiative to advance swarming autonomy, and community-focused efforts such as the company’s Veterans Outreach Initiative. For investors, analysts, and defense stakeholders, this news page offers a centralized view of Red Cat’s operational progress, policy engagement, financing activities, and program-level developments over time.
Red Cat Holdings, Inc. (Nasdaq: RCAT) will report its fiscal third quarter 2022 financial results for the period ending January 31, 2022, on March 17, 2022, after market close. CEO Jeff Thompson and CFO Joseph Hernon will host an earnings call at 5:00 PM ET the same day to discuss results and corporate updates. Investors can join by calling 1-866-777-2509 or via a live webcast. Red Cat offers drone solutions across military, enterprise, and consumer markets, with subsidiaries like Teal Drones and Fat Shark focusing on unmanned aircraft systems and FPV technology.
Red Cat Holdings, Inc. (Nasdaq: RCAT) will present a corporate overview at the Q1 Investor Summit Conference from March 8-9, 2022. CEO Jeffrey Thompson's presentation is scheduled for March 8 at 1:15 PM ET. Attendees can register for the virtual event. Red Cat, a provider of drone-based solutions for various markets, offers products through its subsidiaries, including Teal Drones and Skypersonic. The company is focused on advancing drone technologies and services, highlighting its commitment to innovation in the drone industry.
Red Cat Holdings, Inc. (NASDAQ: RCAT) announced the appointment of Christopher R. Moe to its Board of Directors. Moe brings significant experience in operational finance and venture capital, currently serving as CFO of a cargo drone developer. His background includes leadership roles at Yates Electrospace Corporation and Vectrix Holdings. CEO Jeff Thompson expressed optimism in Moe's guidance to scale drone manufacturing and expand sales. Red Cat aims to leverage its strengths in military and consumer markets to drive future growth.
Red Cat Holdings, Inc. (Nasdaq: RCAT) announced that CEO Jeff Thompson will present at the MicroCap Rodeo Winter Wonderland Best Ideas Virtual Investor Conference from February 8 to 11, 2022. His presentation is scheduled for February 8 at 12:30 PM ET. Attendees can participate in one-on-one meetings with him on February 10 and 11, 2022. Red Cat Holdings provides drone-based solutions across various sectors. For more information or to arrange meetings, interested parties can email angie.wright@issuerdirect.com.
Red Cat Holdings, Inc. (Nasdaq: RCAT) announced that its subsidiary, Teal Drones, secured a firm-fixed-price blanket purchase agreement worth up to $90 million with U.S. Customs and Border Protection. This contract allows for ordering unmanned aircraft systems over a 5-year period, enhancing operational capabilities for Homeland Security. CEO Jeff Thompson highlighted the significance of this achievement and the potential for U.S.-made drone solutions under current government mandates. Teal Drones operates from a new 26,000-square foot facility in Salt Lake City, supporting various drone applications.
Red Cat Holdings, Inc. (Nasdaq: RCAT) reported significant financial growth for the fiscal quarter ending October 31, 2021. Revenues surged over 300% year-over-year to approximately $1.9 million, with a cash reserve of $60 million. However, adjusted net losses rose to about $3 million, up from $640,000 the previous year. The company highlighted the acquisition of Teal Drones, which is expected to enhance revenue through military contracts and new manufacturing capabilities. The federal infrastructure bill further presents growth opportunities.
Red Cat Holdings, Inc. (Nasdaq: RCAT) will release its fiscal second quarter 2022 financial results after the market closes on December 20, 2021. The report covers the quarter ended October 31, 2021. Following the results, CEO Jeff Thompson and CFO Joseph Hernon will host an earnings conference call at 5:00 PM ET on the same day, allowing for a Q&A session. Investors can listen via phone or webcast. Red Cat Holdings specializes in drone industry solutions through subsidiaries like Fat Shark and Rotor Riot, enhancing their market presence.
Red Cat Holdings, Inc. (Nasdaq: RCAT) will present a corporate overview at the Q4 Investor Summit Conference on November 16-17, 2021. CEO Jeffrey Thompson's presentation is scheduled for November 16 at 3:30 PM ET, where he will discuss the infrastructure bill's potential impact on the drone industry and the company's benefits from it. Attendees can register HERE.
Red Cat Holdings (Nasdaq: RCAT) anticipates significant opportunities from the recently passed infrastructure bill, which allocates over $280 billion for essential programs. With existing government relationships via its subsidiaries, Teal Drones and Skypersonic, the company aims to expand its role in infrastructure projects, especially in drone inspection services. Additionally, Congress is debating $50 million for the 'Drone Infrastructure Inspection Grant Act' for 2022 and 2023, enhancing funding for drone uses. CEO Jeff Thompson highlights the potential contracts and services aligned with U.S. government needs.
Red Cat Holdings, Inc. (Nasdaq: RCAT) has announced the opening of its new manufacturing facility for TEAL Drones in Salt Lake City, Utah, following its recent acquisition of Teal Drones. This 13,000+ square foot facility focuses on quality standards and aims to scale operations rapidly. The factory is currently operational, with plans for increased automation and fulfillment of orders. CEO Jeffrey Thompson highlighted the facility's potential to transform the drone industry.