Red Cat Trending After Landing $2.49 Million Air Force Contract for Black Widow Drones
Red Cat Holdings is trending Thursday after announcing its Teal Drones unit won a $2.49 million US Air Force contract for Black Widow drones.
Red Cat's drone company won a big $2.49 million order from the Air Force, which is real money coming in. When a company gets a major customer like the government, it shows people believe in what they're making, so that's worth noticing.
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