Red Cat Holdings Inc (RCAT) News

TRIMMED THAT 6.40

RCAT SPAI THE TWO BIGGEST DRONE PLAYS IN THE WORLD

RCAT..............................https://stockcharts.com/h-sc/ui?s=RCAT&p=W&b=5&g=0&id=p86431144783

RCAT 7 BUCKS NEXT

BOOOOOM

RCAT.........................https://stockcharts.com/h-sc/ui?s=RCAT&p=W&b=5&g=0&id=p86431144783

RCAT MONSTER

BAM! There it is- $5!

GLTU

RCAT...........................https://stockcharts.com/h-sc/ui?s=RCAT&p=W&b=5&g=0&id=p86431144783

$PDYN partner $RCAT on fire. $PDYN AI Software for Robotics, including drones, getting found. $PDYN software in all $RCAT drones. $PDYN should be ripping with $RCAT.

$PDYN & $RCAT news:
https://www.businesswire.com/news/home/20241001521464/en/Red

Website
https://www.palladyneai.com/

RCAT WATCH IT FLY

RCAT WHAT A MONTLY BULLISH BEAST

THE BEST DRONE STOCK IN THE WORLD

4.47 AH’s!,, something’s up.

Hi, Investor! I’m still here. I haven’t been on the site for awhile, too many bots. I still own RCAT :)

Shouldn't this be a minimum $5 stock? wtf.

NEWS Out!


No not the Big One but still nice 👍️

https://finance.yahoo.com/news/red-cat-secures-1-6-110300286.html

RCAT Chart

RCAT.................................https://stockcharts.com/h-sc/ui?s=RCAT&p=W&b=5&g=0&id=p86431144783

Teal CEO and RCAT CTO just started posting on Stocktwits today. Worth checking out. Been a long haul here! Any of the old crew around still from back in the Terraforge days? Exciting times for sure at RCAT after all these years.

RCAT CEO Interview came out in the past few days

RCAT is basically a Lotto ticket for an expected US Army contract in the next few weeks. If they get that contract, the stock probably will more than double in price.

Nothing happened?

GLTA

$3.35 alert new 52w high.

Is that supposed to be newsworthy?

RCAT under $4

Next Week might Very Interesting Indeed....

Going to be interesting here!

The Longest Weekend ever 😁

Going to be interesting here!

RCAT.....................................https://stockcharts.com/h-sc/ui?s=RCAT&p=W&b=5&g=0&id=p86431144783

RCAT...............................https://stockcharts.com/h-sc/ui?s=RCAT&p=W&b=5&g=0&id=p86431144783

Tough to argue since they are the incumbent. Hope I’m wrong.

GLTA

Skydildo

september 24 th is "judgement day". its gonna be either RCAT , or SKYDILDO.

the pps stayed in the .60's and .70's for quite some time ,back in feb. and march .
RCAT starting to hit the radars now.

I sold at $3.1, this dip isn’t over yet.

How did you find it so cheap? $0.69? Congrats.

yes, the tentative date is september 24 th.
gltu

I have shares at $3.10. Im well aware of the contract, judgment is out there end of September huh.

check out RCAT. they are close to signing a major gov't d.o.d. contract.
it will send pps upwards to $ 20 pps
gltu

Congrats, im new here lol

https://stocktwits.com/RustyShackleford80/message/583977894#:~:text=youtube.com/watch%3Fv%3Dn_s8q63...

RCAT= $ 4 in next few days.

you guys just finding out about RCAT ?? i tried to tell you all when it was .69 cents.
with this new billion dollar d.o.d. contract, we're looking at $ 20 pps , easily.

Red Cat ($RCAT) is an Utah based manufacturer of small defense drones. They are the only public U.S. small defense drone manufacturer capable of large scale production.

https://stocknarratives.substack.com/p/inflecting-drone-company-w-near-term

Good article.

RCAT..............................https://stockcharts.com/h-sc/ui?s=RCAT&p=W&b=5&g=0&id=p86431144783

Red Cat Holdings Reports Financial Results for Fiscal Year Ended April 30, 2024 and Provides Business Update

Source: GlobeNewswire Inc.

Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or “Company”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, reports its financial results for the fiscal year ended April 30, 2024 and provides a business update
Recent Operational Highlights:

Certification of Teal 2 as Blue UAS received from U.S. Department of Defense
Continued global sales expansion into Middle East and Latin American markets
Selected by U.S. Army as finalist for Short Range Reconnaissance Program of Record
Launched Red Cat Futures Initiative Drone Industry Consortium
Introduced new Family of Low-Cost, Portable ISR and Precision Strike Systems
Formed new industry partnerships to integrate advanced AI and GPS-denied capabilities
Fiscal Year 2024 Financial Highlights:

Consolidated revenues in fiscal 2024 increased 286% year-over-year to $17.8 million
Fourth consecutive quarter of record revenues with $6.3 million in the fourth fiscal quarter
Completed divesture of Consumer segment in February 2024
Over $10.4 million of combined cash and account receivable balances as of April 30, 2024
Reduced quarterly cash burn to $1.6 million
“Small Drones have become a crucial tool in modern military operations, offering new capabilities and changing the dynamics of warfare,” said Jeff Thompson, Red Cat CEO. “Our singular focus on addressing this shift and innovation that supports the needs of the warfighter has spurred rapid growth for us as a business. We believe that the next six months will be a significant catalyst for mass production of our Family of Systems as governments across the globe begin supplying their armed forces with small drones.”

“We are ending the fiscal year in a fundamentally strong position, reporting solid results that include a year-over-year consolidated revenue increase of 286 percent to $17.8 million,” said Leah Lunger, Red Cat CFO. “Our performance reflects Red Cat's ability to consistently fulfill existing domestic and international contracts, and we have a robust and growing pipeline of new orders. Additionally, our pending acquisition of FlightWave as well as partnerships through the Red Cat Futures Initiative provide a runway for product diversification, new revenue streams, and continued financial growth.”

Conference Call Today

CEO Jeff Thompson and CFO Leah Lunger will host an earnings conference call today (August 8, 2024) at 6:00 p.m. ET to review financial results and provide an update on corporate developments. Following management’s formal remarks, there will be a question-and-answer session.

Interested parties can listen to the conference call by dialing 1-844-413-3977 (within the U.S.) or 1-412-317-1803 (international). Callers should dial in approximately ten minutes prior to the start time and ask to be connected to the Red Cat conference call. Participants can also pre-register for the call using the following link: https://dpregister.com/sreg/10191533/fd3b347206

The conference call will also be available through a live webcast that can be accessed at:
https://event.choruscall.com/mediaframe/webcast.html?webcastid=uxH3YdCT

A replay of the webcast will be available until November 8, 2024 and can be accessed through the above link or at www.redcatholdings.com. A telephonic replay will be available until August 22, 2024 by calling 1-877-344-7529 (domestic) or 1-412-317-0088 (international) and using access code 5157974.

About Red Cat Holdings, Inc.
Red Cat (Nasdaq: RCAT) is a drone technology company integrating robotic hardware and software for military, government, and commercial operations. Red Cat’s solutions are designed to “Dominate the Night™” and include the Teal 2, a small unmanned system offering the highest-resolution thermal imaging in its class. Learn more at www.redcatholdings.com.

Forward Looking Statements
This press release contains "forward-looking statements" that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will," "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Red Cat Holdings, Inc.'s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled "Risk Factors" in the final prospectus related to the public offering filed with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Red Cat Holdings, Inc. undertakes no duty to update such information except as required under applicable law.

Contact:

INVESTORS:
E-mail: Investors@redcat.red

NEWS MEDIA:
Phone: (347) 880-2895
Email: peter@indicatemedia.com

Looks interesting with contract looming end of September.

Volume is up double than average right now, price up 10percent. I see clear skies for the remainder of the week. 🍷

RCAT...............................https://stockcharts.com/h-sc/ui?s=RCAT&p=W&b=5&g=0&id=p86431144783

$ RCAT - NEW 2 YEAR HIGH $
that's our cat