Red Cat Holdings is a public US drone systems provider. Black Widow, its small unmanned aircraft system for intelligence and surveillance, operates under US Army procurement and received a $2.49M Air Force evaluation contract in 2026.
Red Cat went public on NASDAQ (RCAT) in February 2025; market cap reached $1.24B by September 2026.
Air Force awarded a $2.49M evaluation contract for Black Widow in July 2026.
NATO allies selected Black Widow through procurement channels in 2026.