Red Cat - Drone specialist benefits from rising defense budgets!
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Business Driver: Red Cat Holdings (RCAT) specializes primarily in drone and robotic solutions for the military and security sectors. In the medium term, the drone segment promises enormous growth potential for Red Cat, especially as the US military plans to rely on modern systems like drones, giving Red Cat excellent growth prospects. The Black Widow system, suitable for reconnaissance, surveillance, and intelligence purposes, is a prime example of this. Among other things, the Black Widow drone system has been included in the NATO Support and Procurement...
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