Red Cat - Drone Specialist Benefits from Increasing Defense Budgets!

Business Driver: Red Cat Holdings (RCAT ) specializes primarily in drone and robotic solutions for the military and security sectors. In the medium term, Red Cat's drone segment promises enormous growth potential, especially as the US military plans to focus on modern systems like drones, which bodes well for Red Cat's growth prospects. They have a suitable system in the Black Widow system for reconnaissance, surveillance, and information purposes. The Black Widow drone system has also been included in the catalog of the NATO Support and Procurement...