Red Cat recorded a net loss of $0.57 per share on $4.9 million in revenue for the final eight months of 2024, with 2025 revenue guidance of $80 million to $120 million.
The new Warp Speed customers announced at the conference include defense technology companies Epirus, Red Cat Holding, Saildrone, Saronic, SNC, and Ursa Major.
This is Unusual Machines’ first partnership to develop motors built to a U.S. drone producer's specific requirements. The company said Red Cat would use three motor variants for one of its platforms designed for government and commercial applications.
Palladyne AI was one of the hottest stocks in 2024, surging by about 1,600%; while there are reasons to support the hype, there are also reasons to be cautious.
Red Cat says it has received orders for 12 Edge 130 drones, weighing 1,200 grams, with flight time of over 60 minutes. It is capable of long-range mapping, inspection, surveillance, and reconnaissance.
Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. The Dow, S&P 500, and Nasdaq gained 3.7%, 2.9%, and 2.5% this week, respectively, with all three posting their strongest advances in weeks.
Discover why Red Cat and Ambarella stocks are surging, driven by drone tech innovation, AI advancements, and military contracts. Are these buying opportunities?
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