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home / news releases / RCAT - Unusual Machines: A Play On The Shift In The Drone Industry

RCAT - Unusual Machines: A Play On The Shift In The Drone Industry

Red Cat Holdings Inc.

2024-07-21 01:54:11 ET

Summary

  • Unusual Machines consists of Fat Shark and Rotor Riot, acquired from Red Cat, well positioned to capitalize on market shift in drone industry.
  • Opportunity in U.S. drone manufacturing due to supply chain and security concerns with Chinese products.
  • UMAC CEO Allen Evans aims to regain market share in FPV drones, expand B2B sales, and secure U.S. government contracts.

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For further details see:

Unusual Machines: A Play On The Shift In The Drone Industry
Stock Information
Company Name: Red Cat Holdings Inc.
Stock Symbol: RCAT
Market: NASDAQ
Website: redcatholdings.com/
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