The Latest Breaking News from RCAT

Redwire Corporation (NYSE:RDW) said its subsidiary, Edge Autonomy, has partnered with Red Cat Holdings, Inc. (NASDAQ:RCAT) to strengthen U.S. Army drone operations. The companies will combine Red Cat’s Teal Drones Black Widow quadcopter with Edge Autonomy’s Stalker vertical takeoff and landing aircraft to enhance battlefield surveillance and reconnaissance capabilities.

Unusual Machines, Inc. (NYSE:UMAC) announced on Friday that it received an $800,000 order from Red Cat Holdings, Inc. (NASDAQ:RCAT), a drone technology company that develops robotic hardware and software for military, government, and commercial applications. Shares of both Unusual Machines and Red Cat were trading higher following the announcement.

Red Cat Holdings Inc. (RCAT) has stunned investors with an extraordinary 911% stock price surge over the past 13 months, trading at $8.19 as of July 31, 2025.

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Defense Secretary Pete Hegseth’s recent statements signal that drones are going to play a vital role in U.S. military strategy, and Red Cat can be a primary beneficiary of this move.

Red Cat Holdings, Inc. (NASDAQ:RCAT) shares are trading higher Monday on possible continued momentum after Secretary of Defense Pete Hegseth announced efforts to fast track drone production.

U.S. stocks were lower, with the Dow Jones index falling more than 250 points on Friday.

Three emerging drone companies are supported by analysts, but each also presents risks for investors entering this space.