Red Cat (RCAT) Holdings announced it has secured new orders for its Edge 130 drone from the Army National Guard and another U.S. Government Agency, OGA, totaling $518,000. The combined orders, which amount to 12 Edge 130 drones, reflect Red Cat’s continued momentum in providing advanced drone technology solutions to key defense and security customers. The Edge 130 is known for its robust capabilities, including long-endurance flight times, AI-driven surveillance features, and operational effectiveness in a variety of mission-critical environments.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RCAT:
- Kerrisdale Capital says short shares of Red Cat
- Palladyne, Red Cat announce successful multi-drone autonomous flight
- Red Cat Holdings (RCAT) Partners with Palantir as Stock Jumps Over 1,000% in a Year
- Red Cat secures FAA authorization to fly drones without remote ID
- Largest borrow rate increases among liquid names