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Red Cat Holdings ( (RCAT) ) has provided an announcement.
Red Cat has achieved a significant milestone with its Black Widow drone becoming the program of record for the U.S. Army’s Short Range Reconnaissance. Designed to meet the Army’s technical requirements and soldier feedback, the Black Widow is an advanced, American-made drone. The company also developed the Web controller, enhancing its offering. Red Cat is poised for high-volume production, supporting America’s industrial capacity and anticipating increased demand due to the evolving role of drones in modern warfare.
See more insights into RCAT stock on TipRanks’ Stock Analysis page.
