Mentioned:
Red Cat Holdings is bringing their unmanned aircraft systems to allied countries outside of America. And it might just be the very beginning.
What’s happening:
- Red Cat Holdings (NASDAQ: RCAT) has landed a new purchase order for their Black Widow drones from a Asia-Pacific ally for military use
Why it matters:
- This is the second deal Red Cat Holdings has done with a Asia-Pacific ally for their Black Widow drones
Going deeper:
- Red Cat Holdings’ Black Widow drones are paired with a ground control station purpose built for tactical missions and are fully manufactured in the United States
- Red Cat Holdings’ Black Widow drones also previously landed a notable approval from NATO and were officially added to the NATO Support and Procurement Agency catalogue which allows NATO members to place direct orders and sponsored tenders
