Red Cat Holdings Inc Stock News

SAN JUAN, Puerto Rico, Dec. 30, 2024 (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, announced today that it received notice and funds to exercise 750,000 outstanding warrants to purchase shares of common stock for cash at an exercise ...

The headlines about unidentified drone sightings in New Jersey spreading across multiple states continue with no explanation as to the origin or purpose of these anomalies. It has brought a lot of attention to the topic of drones, whether used for hobbies, delivery, inspection, military, or filming.

Quantum computing and electric air taxi  stocks are stealing the tech sector's spotlight as 2024 comes to a close.

Red Cat's post-earnings dip presents a buying opportunity, despite missing FQ2 revenue estimates and the CFO's departure. The company secured a major military contract and partnered with Palantir for AI software for drones, boosting 2025 revenue guidance to $80-$120 million. RCAT stock is trading at 8x 2025 sales estimates, but limited cash raises concerns, though new deals and potential govern...

Red Cat Holdings, Inc. (NASDAQ:RCAT ) Q2 2025 Earnings Conference Call December 16, 2024 4:30 PM ET Company Participants Jeff Thompson - Chairman of the Board, CEO and President Leah Lunger - CFO Geoffrey Hitchcock - Chief Revenue Officer Jeff Thompson Leah, do you have a copy of the disclosure? Leah Lunger Yeah, I was just going to say, why don't I get our opening remarks going firsthand here?

SAN JUAN, Puerto Rico, Dec. 16, 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 second quarter ended October 31, 2024 and provides a corporate update.

Shares of Red Cat Holdings surged over 25% on Monday after news broke of its partnership with Palantir to integrate advanced visual navigation software into its drones.

Drone stocks rallied Monday after a flurry of sightings across the northeast in recent days renewed attention toward the sector.