Red Cat Holdings: Innovation or Illusion?

Red Cat secures US Army contract and raises revenue forecast – but how realistic are the expectations? Short seller report critically questions production capacities, market potential, and insider sales. Red Cat is making headlines: The stock of the drone manufacturer has surged significantly over the past nine months – driven by winning the Short Range Reconnaissance (SRR) program of the US Army and the looming ban on Chinese drones in the US. But how sustainable is this success? While the company lays out ambitious plans, there...