RCAT

Red Cat Holdings, Inc. (NASDAQ:RCAT) is a Puerto Rico-based drone technology company that has evolved from a consumer-focused business into a defense contractor specializing in military and government unmanned aerial systems. Founded in 2008 and going public in 2002, the company has undergone significant strategic transformation over the past few years, divesting its consumer drone operations to focus exclusively on enterprise and military markets. Red Cat currently operates through its primary subsidiary Teal Drones, which manufactures reconnaissance and surveillance drones for the U.S. military and allied nations, positioning itself as a domestic alternative to Chinese drone manufacturers in an increasingly security-conscious market.