Red Cat: Drone Manufacturer to Benefit from the multi-year supercycle

Red Cat Holdings (RCAT, i) offers significant potential, in my opinion, to capitalize on what Needham analysts describe as a "multi-year supercycle" for unmanned aerial systems (UAS). The story is expected to gain traction now for several reasons: Production of the Black Widow drone has been scaled up to 1,000 units per month. This supports the U.S. Army's Short Range Reconnaissance (SRR) program. The U.S. Army had initially planned to procure 2,290 drones for nearly $149 million. However, the Senate is recommending an increase to over $617...