Red Cat Holdings Inc is a technology company that focuses on the development and integration of drone technology and data solutions for various applications
The company aims to provide innovative products and services that enhance operational efficiency and data collection capabilities across several industries, including defense, commercial, and recreational sectors. With a commitment to leveraging advanced drone technology, Red Cat Holdings seeks to support customers in maximizing their operational effectiveness while ensuring compliance with evolving regulations in the drone ecosystem.
PALM BEACH, Fla., March 13, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The business use cases of commercial drones have expanded significantly over the past few years. They are being increasingly adopted in the construction and real estate sectors due to their ability to survey the property, offer constant and exact project alerts, increase safety, and prevent harmful accidents on construction sites. Moreover, their conventional applications, such as monitoring, surveillance, and security, have instigated the product demand for search and rescue operations, identifying unstable roofs in dangerous and inaccessible positions, tracking out elevated infrastructure that might have damaged electrical cables, etc. A recent report from Grand View Research said that: “The global commercial drone market size was estimated at USD 30.02 billion in 2024 and is expected to grow at a CAGR of 10.6% from 2025 to 2030. The market growth is attributed to the increasing enterprise application of drones across various industry verticals. Several drone manufacturers are continually testing, inventing, and upgrading solutions for diverse markets used for various applications, including filming and emergency response. Besides, the integration of modern technologies in commercial drones to deliver enhanced solutions is opening new growth opportunities for the commercial drone market.” Active Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), AeroVironment, Inc. NASDAQ: AVAVNASDAQAVAV)(NASDAQ: KTOSNASDAQKTOS, Red Cat Holdings, Inc. (NASDAQ: RCATNASDAQ), Draganfly Inc. (NASDAQ: DPRODPRO).
PALM BEACH, Fla. , March 06, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Shifting governmental policies are benefiting U.S. Drone Manufactures. AUVSI, an industry insider reported: “Programs focused on U.S.-made drone acquisition incentives, specifically grants, would signal to investors the market opportunity for U.S. drones, stimulating investment into U.S. drone and component manufacturing. According to a 2019 survey by Droneresponders, 92% of first responders in the U.S. are using drones made by China. This is a direct consequence of China subsidizing the drones, driving down costs, and a program to donate DJI drones to first responders. The Droneresponders survey also noted that 88% of first responder agencies would prefer to use U.S. drones; however, cost is a major factor in being able to transition away from the subsidized Chinese drones to market-based U.S. drones. U.S. Department of Transportation (DOT) programs that enable the use of drones for infrastructure inspection, such as the Every Day Counts (EDC) program, should incentivize the use of U.S. manufactured drones. It said that Congress should enact a new program designed to help industrial inspection companies engaged in critical infrastructure inspection transition from using Chinese drones to U.S.-made programs, which could reflect, in part, the Supply Chain Reimbursement Program as mentioned above for first responders.” Active Companies in the drone industry today include ZenaTech, Inc. (NASDAQZENA), Red Cat Holdings, Inc. NASDAQ: RCATNASDAQRCAT)(NYSE: UAVSNYSEUAVS, L3Harris Technologies (NYSE: LHXNYSE), Unusual Machines (NYSE: UMACUMAC).
NEW YORK, March 03, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against e.l.f. Beauty, Inc. (NYSEELF), Dave, Inc. NASDAQ: DAVENASDAQDAVE)(NASDAQ: RCATNASDAQRCAT, and Triumph Financial, Inc. (NASDAQ:TFINNASDAQ). Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices. Additional information about each case can be found at the link provided.
This is Unusual Machines’ first partnership to develop motors built to a U.S. drone producer's specific requirements. The company said Red Cat would use three motor variants for one of its platforms designed for government and commercial applications.
PALM BEACH, Fla., Feb. 27, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Due to the advancements in software and artificial intelligence, the increasing use of drones is making it easier to control and automate them. They play a crucial role in improving farming techniques. Improving productivity, and are used for environmental monitoring, disaster relief, and search & rescue operations. Drones are becoming smaller, lighter, and more reliable, which allows them to perform a broader range of tasks. Their growing popularity stems from benefits such as improved efficiency, cost-effectiveness, and safety. The increase in precision farming needs, aiming to boost crop productivity, drives market growth. Drone OEMs are investing in R&D for thermal cameras, multispectral sensors, and LiDAR, improving drone efficacy in monitoring fields, creating vegetation maps, and detecting issues such as disease and irrigation irregularities. Thus, it drives the market growth during the forecast period. Agricultural drones, flying at a specific altitude with sensors, provide crucial analytical data for controls crop health, treatment, exploration, field soil analysis, and yield assessments, aiding farmers in making informed decisions and reducing time and costs. According to a report from MarketsAndMarkets “Commercial drones can be provided wireless coverage during emergency cases where each drone serves as an aerial wireless base station when the cellular network goes down. They can also be used to supplement the ground base station to provide better coverage and higher data rates for users. Drones can also assist various terrestrial networks, such as device-to-device and vehicular networks. For instance, due to their mobility and LOS Communications, drones can facilitate rapid formation dissemination among ground device. Furthermore, drones can potentially improve the reliability of wireless links in D2D and vehicle-to-vehicle (V2V) communications while exploiting transmit diversity.” Active Companies in the drone industry today include ZenaTech, Inc. (NASDAQZENA), Draganfly Inc. NASDAQ: DPRONASDAQDPRO)(NASDAQ: EHNASDAQEH, Red Cat Holdings, Inc. (NASDAQ: RCATNASDAQ), AgEagle Aerial Systems Inc. (NYSE: UAVSUAVS).
NEW YORK, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims Red Cat Holdings, Inc. (NASDAQRCAT) and Construction Partners, Inc. NASDAQ:ROADNASDAQROAD)
Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Red Cat Holdings, Inc. (NASDAQRCAT) resulting from allegations that Red Cat may have issued materially misleading business information to the investing public.
Palladyne AI was one of the hottest stocks in 2024, surging by about 1,600%; while there are reasons to support the hype, there are also reasons to be cautious.
The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Red Cat Holdings, Inc. (“Red Cat” or “the Company”) (NASDAQRCAT) for violations of the securities laws.
NEW YORK, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Red Cat Holdings, Inc. (“Red Cat” or the “Company”) (NASDAQRCAT) on behalf of Red Cat stockholders. Our investigation concerns whether Red Cat has violated the federal securities laws and/or engaged in other unlawful business practices.
PALM BEACH, Fla. , Jan. 30, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Military drone refers to unmanned aerial vehicles that are specifically used for military purposes such as border surveillance, battle damage management, combat operations, communication, delivery, and anti-terrorism weaponry. The main types of military drones are fixed-wing, rotary-wing, and hybrid. A fixed-wing drone is a plane that doesn't have a human pilot on board. Fixed-wing UAVs can be commanded remotely by a human or Autonomously by onboard systems. The different types of drones include MALE, HALE, TUAV, UCAV, SUAV and involve various technologies such as remotely operated, semi-autonomous, autonomous. It is used in Search And Rescue, national defense, military exercises, and others. According to a report from The Business Research Company, the military drones market size has grown strongly in recent years. It will grow from $15.93 billion in 2024 to $17.05 billion in 2025 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to increasing military expenditure, increasing the use of military drones, increasing government funding for military drones and low interest rates. The report said: “The military drones market size is expected to see strong growth in the next few years. The growth in the forecast period can be attributed to an increase in government funds and increasing internal and external security threats. Major trends in the forecast period include strategic mergers and acquisitions, focus on use of 3D printing, use of the internet of things (IoT), focus on implementing autonomous systems and focusing on implementing emerging technologies such as artificial intelligence (AI).” Active Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), Northrop Grumman Corporation NYSE: NOCNYSENOC)(NASDAQ: AVAVNASDAQAVAV, The Boeing Company (NYSE: BANYSE), Red Cat Holdings, Inc. (NASDAQ: RCATRCAT).
