Red Cat publishes investor presentation on autonomous defense drones and uncrewed surface vessels

RED CAT HOLDINGS

RCAT

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Red Cat outlined a push to scale autonomous defense systems across drones and unmanned surface vessels, citing rising military demand.
Highlighted U.S. Army SRR Tranche 2 Program of Record win for its Black Widow small quadrotor; contract awarded July 24, 2025.
Reported about 1,200 Black Widow units shipped in Q4 2025; cited positive gross profit margins since Q2 2025.
Manufacturing footprint cited at about 260,000 square feet as of Dec. 31, 2025; includes 166,000-square-foot USV facility buildout.
LTM revenue cited at USD 55 million as of Q1 2026; presentation also flagged a U.S. Army 2026 sUAS budget of USD 426 million.

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