Kymeta Joins Red Cat Futures Initiative to Advance Resilient Connectivity for Autonomous Maritime Operations

Blue Ops V7 USV with Kymeta at exercise in Key West Florida, May 2026.

GlobeNewsWire • 14 hours ago

Red Cat: Acquisitions And Partnerships Will Drive Future Revenue Momentum

Red Cat delivered major revenue growth in Q1 2026, with revenue 8x from $1.63 million to $15.47 million. Management has guided for an annual target revenue of $150- $180 million. Management continues to be focused on securing new partnerships,  prioritizing new orders, and scaling production growth. RCAT appears well-funded despite losses, with $131.92 million in cash versus $350,000 in debt obligations, reducing near-term liquidity concerns.

Seeking Alpha • May 13, 2026

Red Cat Announces Proposed Public Offering of Common Stock

SALT LAKE CITY, May 12, 2026 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or “Company”), a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security, announced today that it intends to offer and sell shares of its common stock in an underwritten public offering. Red Cat is offering $200.0 million of shares of its common stock.

GlobeNewsWire • May 12, 2026

Red Cat Announces Pricing of Public Offering of Common Stock

SALT LAKE CITY, May 12, 2026 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or “Company”), a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security, announced today the pricing of an underwritten public offering at a price to the public of $9.40 per share. Red Cat is selling 23,936,171 shares of its common stock. The gross proceeds from the offering to the Company are expected to be approximately $225.0 million, before deducting underwriting discounts and commissions and other offering expenses. The offering is expected to close on or about May 14, 2026, subject to customary closing conditions. In addition, Red Cat has granted the underwriters a 30-day option to purchase up to an additional 3,590,425 shares of its common stock at the public offering price, less underwriting discounts and commissions.

GlobeNewsWire • May 13, 2026

Ondas to Report Q1 Earnings: How Should Investors Play the Stock?

ONDS heads into Q1 earnings with explosive revenue growth expectations, but mounting losses, execution risks and heavy M&A activity keep uncertainty high.

Zacks Investment Research • May 12, 2026

Red Cat Holdings Q1 2026: Revenue Miss, EPS Miss, But 850% YoY Growth Signals Momentum

Red Cat Holdings delivered 1Q26 revenue up 849% YoY to $15.5M but missed consensus and remains unprofitable with heavy cash burn. RCAT is aggressively scaling for defense sector demand, targeting $150–$180M annual revenue and expanding gross margins toward 30%, supported by a $700M pipeline. Black Widow ISR drones and Blue Ops USV platforms are positioned as mission-critical in a $50B+ autonomous warfare cycle, with rapid production buildout and global partnerships.

Seeking Alpha • May 11, 2026

Red Cat Q1 Earnings Call Highlights

Red Cat NASDAQ: RCAT reported record fiscal first-quarter 2026 revenue and outlined a sharply expanded opportunity pipeline tied to U.S. and allied demand for unmanned aerial and surface systems, according to management on the company's earnings call.

MarketBeat • May 8, 2026

Red Cat Holdings, Inc. (RCAT) Q1 2026 Earnings Call Transcript

Red Cat Holdings, Inc. (RCAT) Q1 2026 Earnings Call Transcript

Seeking Alpha • May 8, 2026

Red Cat Reports Q1 2026; Q1 Revenue Growth of 849% Y/Y; Q1 Gross Margins Increase of 64.8 Percent Points Y/Y; Gross Margins Increase 199% Sequentially From Q4 2025

SALT LAKE CITY, May 07, 2026 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat" or the "Company"), a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security, reports its financial results for the quarter ended March 31, 2026. First Quarter 2026 Financial Highlights Total revenue was $15.5 million, representing an increase of 849% from $1.6 million for the prior year quarter.

GlobeNewsWire • May 7, 2026

Red Cat Holdings, Inc. (RCAT) Reports Q1 Loss, Misses Revenue Estimates

Red Cat Holdings, Inc. (RCAT) came out with a quarterly loss of $0.22 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to a loss of $0.14 per share a year ago.

Zacks Investment Research • May 8, 2026