Red Cat Hldgs Inc Stock Price, News & Analysis

Red Cat Holdings (Nasdaq: RCAT), a drone technology company, has announced the pricing of its public offering of 15,625,000 shares of common stock at $9.60 per share. The offering is expected to generate approximately $150 million in gross proceeds before deducting expenses.

The company has granted underwriters a 30-day option to purchase up to 2,343,750 additional shares. The offering is expected to close around September 19, 2025. Proceeds will be used for general corporate purposes and working capital, including operations of its new unmanned surface vessel division. Northland Capital Markets is serving as sole bookrunner, with Ladenburg Thalmann & Co. Inc. as co-manager.

Red Cat Holdings (NASDAQ: RCAT), a drone technology company focused on military, government, and commercial operations, has announced a proposed public offering of common stock. The company plans to grant the underwriter, Northland Capital Markets, a 30-day option to purchase up to an additional 15% of the offered shares.

The proceeds will be used for general corporate and working capital purposes, including operating expenses and capital investments for their new unmanned surface vessel division. The offering will be conducted under a shelf registration statement on Form S-3 that was declared effective by the SEC on September 17, 2025.

Red Cat Holdings (Nasdaq: RCAT) has announced a strategic collaboration with Safe Pro Group (Nasdaq: SPAI) to enhance its Black Widow drone platform with AI-powered threat detection capabilities. The integration will embed Safe Pro's Object Threat Detection (SPOTD) system into Black Widow drones, enabling real-time identification of over 150 types of explosive threats.

The system will process 4k video onboard and integrate with the U.S. Army's Tactical Assault Kit (ATAK) software. Safe Pro's technology is powered by one of the world's largest landmine datasets, containing 1.88 million drone images and over 34,200 identified threats across 8,119 hectares in Ukraine. The collaboration aims to provide enhanced battlefield awareness and force protection capabilities for U.S. and allied military operations.

Red Cat Holdings (Nasdaq: RCAT) announced that its subsidiary Teal Drones' Black Widow™ System has been approved and added to the NATO Support and Procurement Agency (NSPA) catalogue. This approval enables NATO member nations and partners to streamline procurement through NSPA-managed channels.

The Black Widow system, one of two vendors selected by the U.S. Army for its Short Range Reconnaissance program, is a mission-ready small uncrewed aerial system (sUAS) featuring NDAA compliance, 45+ minutes endurance, advanced EO/IR sensors, and encrypted communications. The contract with NSPA spans 3 years with options for 2 additional years.

Red Cat Holdings (NASDAQ: RCAT) announced significant manufacturing and facility expansions for its maritime division, Blue Ops. The company has partnered with Hodgdon Shipbuilding to produce its first five uncrewed surface vessel (USV) prototypes in Maine, while also leasing a 155,000-square-foot facility in Valdosta, Georgia for full-scale production.

The expansion includes the construction of a 7-meter USV prototype and establishment of a new headquarters in West Palm Beach, Florida. The Georgia facility, strategically located near Moody Air Force Base, is expected to create hundreds of jobs and enable production of hundreds of USVs annually. The partnership with Hodgdon Shipbuilding, America's oldest continuous boatbuilder, brings over 200 years of maritime manufacturing expertise to the project.

Red Cat Holdings (Nasdaq: RCAT) has announced the launch of Blue Ops, Inc., a new maritime division focused on developing Uncrewed Surface Vessels (USV) weapons systems. The company has appointed Barry Hinckley, a third-generation marine industry veteran, as President of the division.

Blue Ops will join Red Cat's existing divisions, Teal Drones and FlightWave Aerospace, as part of the company's strategy to expand into an all-domain defense company. The division will focus on U.S.-based production of battle-tested USVs, integrating various sensors, kinetics, and aerial UAS systems capabilities.

The initiative aligns with the U.S. Navy's fleet modernization goals and the national strategy to strengthen domestic defense manufacturing. Blue Ops will be co-led by Alexander 'Sandy' Spaulding, bringing a combined 70+ years of maritime leadership experience to the team.

Red Cat Holdings (Nasdaq: RCAT), a drone technology company, reported its Q2 2025 financial results and provided operational updates. The company secured a significant contract with the U.S. Army to deliver up to 690 SRR Black Widow systems and achieved AS9100 certification for aerospace and defense quality systems.

Financial highlights include quarterly revenue of $3.2 million and a strong balance sheet with $66.9 million in cash and receivables, plus $21.0 million in inventory and inventory deposits. The company also announced a strategic partnership with ESAero to support Black Widow™ manufacturing.

Red Cat Holdings (Nasdaq: RCAT) announced that its subsidiary, Teal Drones, has achieved the prestigious AS9100 certification from NSF-ISR in July 2025. This globally recognized certification for aerospace and defense quality management systems validates Teal's commitment to operational excellence across design, manufacturing, and maintenance processes.

The certification strengthens Teal's position as a manufacturer of the Black Widow™ drone, which was selected for the U.S. Army's Short-Range Reconnaissance Program. As an NDAA-compliant ISR drone, the Black Widow is designed to provide real-time intelligence for U.S. and allied forces, reinforcing Red Cat's role in strengthening America's domestic drone industrial base.

Red Cat Holdings (Nasdaq: RCAT), a drone technology company focused on military, government, and commercial operations, has announced a Town Hall Meeting scheduled for Thursday, August 14, 2025 at 4:30 p.m. Eastern Time.

During the meeting, management will provide corporate updates and contract information, followed by a Q&A session. The event is open to investors, analysts, and media representatives, with registration available through a provided Zoom webinar link.