Red Cat Holdings, Inc.RCAT
What Red Cat Holdings, Inc. does.
We are a U.S.-based provider of advanced all-domain drone and robotic solutions for defense, national security, and commercial applications. We develop American-made hardware and software that supports military, government, and public safety operations across air, land, and sea. Our family of systems delivers tactical capabilities in small, unmanned aircraft systems (sUAS) and uncrewed surface vessels (USVs), delivering integrated platforms designed to enhance safety and multi-domain mission effectiveness.
We were originally incorporated under the laws of the State of Colorado in 1984 under the name Oravest International, Inc. In November 2016, we changed our name to TimefireVR, Inc. and re-incorporated in Nevada. In May 2019, the Company completed a share exchange agreement with Propware which resulted in the Propware shareholders acquiring an 83% ownership interest, and management control, of the Company. In connection with the share exchange agreement, we changed our name to Red Cat Holdings, Inc. (“Red Cat” or the “Company” or “we”). Following the share exchange agreement and our name change, we completed a series of acquisitions and financings which have broadened the scope of our activities in the drone industry.
Revenue and profit, by fiscal year.
| Fiscal year | 2016 | 2017 | 2018 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $203,640 | $933 | $105,129 | — | — | $40.7M |
| Net income | -$3.4M | $1.1M | -$2.6M | — | — | -$72.1M |
| Free cash flow | -$1.6M | — | -$1.9M | — | — | -$95.8M |
More on RCAT.
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Figures from Red Cat Holdings, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.