Red Cat Holdings Inc. (BQ73)
XSTU 
Summary
BQ73 Chart
Red Cat Holdings Announces Closing of $30 Million Registered Direct Offering of Common Stock
SAN JUAN, Puerto Rico, April 14, 2025 (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, has successfully closed the previously announced registered direct offering with certain institutional investors for the purchase and sale of 4,724,412 shares of common stock resulting in gross proceeds of approximately $30 million, before deducting placement agent fees and other offering expenses. The offering closed on April 11, 2025.
Red Cat Appoints Shawn Webb as President of FlightWave Aerospace
SANTA MONICA, Calif., April 07, 2025 (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, today announced the appointment of Shawn Webb as President of FlightWave Aerospace Systems Corporation (“FlightWave”), a Red Cat company, effective immediately.
Red Cat: Overlooked Drone Opportunity
Red Cat Holdings, Inc. is poised for significant revenue growth in 2025, driven by new military contracts. Despite a 50% stock drop, Red Cat's future looks promising, with expected revenues of $80-$120 million in 2025 and high gross margins. The company's collaboration with Palantir enhances drone capabilities, potentially boosting software gross margins to 80-90%, with additional revenue opportunities from replacing Chinese drones.
Red Cat Holdings Inc. Dividends
Red Cat Holdings Inc. Earnings
| 17 Mar 2025 Date | | - Cons. EPS | - EPS |
| 13 Dec 2024 Date | | - Cons. EPS | - EPS |
| 23 Sep 2024 Date | | - Cons. EPS | - EPS |
| 17 Sep 2024 Date | | - Cons. EPS | - EPS |
| 8 Aug 2024 Date | | - Cons. EPS | - EPS |
| 17 Mar 2025 Date | | - Cons. EPS | - EPS |
| 13 Dec 2024 Date | | - Cons. EPS | - EPS |
| 23 Sep 2024 Date | | - Cons. EPS | - EPS |
| 17 Sep 2024 Date | | - Cons. EPS | - EPS |
| 8 Aug 2024 Date | | - Cons. EPS | - EPS |
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Red Cat Holdings Inc. Profile
| Computer Hardware Industry | Technology Sector | Mr. Jeffrey M. Thompson CEO | XSTU Exchange | US75644T1007 ISIN |
| US Country | 76 Employees | - Last Dividend | 1 Aug 2019 Last Split | 22 Sep 2017 IPO Date |
Overview
Red Cat Holdings, Inc. is a prominent entity in the drone industry, offering a wide array of products, services, and solutions tailored to meet the needs of various clients. With its headquarters in San Juan, Puerto Rico, the company effectively operates through two core segments: Enterprise and Consumer. Red Cat Holdings is dedicated to building robust infrastructure that enables efficient management of drone fleets, providing the capability to conduct operations remotely. The company is uniquely positioned to serve sectors requiring advanced drone technology for navigating confined industrial spaces or operating within high-risk military environments, emphasizing safety, efficiency, and innovation in their offerings.
Products and Services
- Drone Fleet Management
Red Cat Holdings offers comprehensive solutions for the management of drone fleets. This includes software and services designed to streamline the operation of drones, ensuring that fleet operators can efficiently schedule flights, monitor drone activity in real-time, and analyze data collected during flights. This capability is essential for businesses looking to optimize their use of drones for surveillance, inspection, and delivery services.
- Remote Drone Services
The company provides remote drone services, enabling clients to operate drones from distant locations. This is particularly beneficial for conducting operations in areas that are hazardous or inaccessible for humans, such as disaster-stricken regions, conflict zones, or challenging industrial environments. Red Cat Holdings' remote drone services offer a safe and effective alternative for data collection and reconnaissance missions.
- Indoor Navigation Solutions
Specializing in advanced drone technology, Red Cat Holdings has developed solutions that allow drones to navigate through confined and complex indoor spaces. This technology is crucial for industries such as manufacturing, logistics, and construction, where the ability to safely and accurately conduct inspections or map out facilities without direct human intervention can significantly enhance operational efficiency and safety protocols.
- Military Application Support
Understanding the critical nature of military operations, Red Cat Holdings delivers solutions tailored to meet the stringent requirements of defense applications. These solutions are designed to support missions in dangerous or contested environments, providing military personnel with essential aerial surveillance and reconnaissance capabilities. The technology ensures that drones can operate reliably in diverse operational scenarios, thereby enhancing situational awareness and strategic advantage.
Contact Information
