NasdaqCM:RCATAerospace & Defense
Assessing Red Cat Holdings (RCAT) Valuation After New Defense Rules And Pentagon Drone Contract
The immediate implementation of Section 1709 of the FY25 NDAA, which restricts foreign-made drone components, together with a new Pentagon Drone Dominance Program contract, has put fresh attention on Red Cat Holdings (RCAT) and its expanding unmanned systems portfolio.
See our latest analysis for Red Cat Holdings.
At a share price of $11.65, Red Cat has seen a 67.14% 90 day share price return and a very large 3 year total shareholder return. However, recent 1 day and 30 day share price moves...