Red Cat Holdings, Inc. provides products, services and solutions to the drone industry. The firm provides its services to the enterprise, military, and consumer markets via designing, developing, marketing, and drone software and products' sales. Red Cat's Golden Eagle drones are approved by the Department of Defense for reconnaissance, public safety, and inspection applications. The technology of Skypersonic Inc, a subsidiary of the Company enables drones to complete inspection services in locations where Global Positioning System (GPS) is not available, yet still record and transmit data even while being operated from thousands of miles away. The firm's offering also includes First Person View (FPV) video goggles that give pilots a better perspective to control their drone in flight. Red Cat Holdings Inc operates through several subsidiaries, including Teal Acquisition I Corp and Rotor Riot, LLC.
Follow-Up Questions
Who is the CEO of Red Cat Holdings Inc?
Mr. Jeffrey Thompson is the President of Red Cat Holdings Inc, joining the firm since 2019.
What is the price performance of RCAT stock?
The current price of RCAT is $9.17, it has decreased 3.21% in the last trading day.
What are the primary business themes or industries for Red Cat Holdings Inc?
Red Cat Holdings Inc belongs to Electrical Equipment industry and the sector is Information Technology
What is Red Cat Holdings Inc market cap?
Red Cat Holdings Inc's current market cap is $1.0B
Is Red Cat Holdings Inc a buy, sell, or hold?
According to wall street analysts, 6 analysts have made analyst ratings for Red Cat Holdings Inc, including 3 strong buy, 5 buy, 1 hold, 0 sell, and 3 strong sell