Red Cat Holdings Inc (NASDAQ:RCAT) shares are surging Wednesday after the company announced an expansion of its multi-domain Family of Systems to maritime platforms. Red Cat is due to report earnings after the bell. Here's what you need to know.
Stay up-to-date with the latest market trends one hour before the close of the markets on Thursday. Explore the top gainers and losers during today's session in our detailed report.
Stay up-to-date with the latest market trends in the middle of the day on Thursday. Explore the top gainers and losers during today's session in our detailed report.
Red Cat Holdings Inc (NASDAQ:RCAT) shares are moving lower Thursday after the company announced a $30 million registered direct offering of its common stock.
Red Cat recorded a net loss of $0.57 per share on $4.9 million in revenue for the final eight months of 2024, with 2025 revenue guidance of $80 million to $120 million.
The new Warp Speed customers announced at the conference include defense technology companies Epirus, Red Cat Holding, Saildrone, Saronic, SNC, and Ursa Major.
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.
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.
