DEPLOYDatabase

Company

Red Cat Holdings

dronered-cat.com

Red cat Holdings is an American drone company developing military and commercial UAVs through its Teal Drones subsidiary (Black Widow, Golden Eagle), listed on…

Track Red Cat Holdings
HQ
Puerto Rico
Status
public (NASDAQ: RCAT); cash-burning small-cap on dilutive financing; going-concern doubt stated resolved via 2025 raises

The verified answer

As of Sep 2026, DEPLOY verifies Red Cat Holdings: 2 models, 2 deployments across 2 regions. 3 sources back the record.

Regulatory status2 DIU Blue UAS listings

Red Cat Holdings holds 2 DIU Blue UAS listings, per the DEPLOY registry.

See all 2 filings
PublicNASDAQ: RCAT

CategoryDrones

Appears inMilitary & defense drones

Models

2

Deployments

2

Overview

Red cat Holdings is an American drone company developing military and commercial UAVs through its Teal Drones subsidiary (Black Widow, Golden Eagle), listed on NASDAQ. The company provides compact military-grade drones for defense and security applications.

Verified record

Verified deployments
2 deployments on file
Active incidents
None on file

Key facts

Product

Teal Black Widow soldier-ISR quadcopter; US Army SRR program of record (2024, beat Skydio).

Cap-flag

SRR win verified; LRIP ~$12.9M (FOIA) vs inflated $55M+ framing; 5,880 systems = Army objective not obligated.

Tickersee public companies →

NASDAQ: RCAT

CEO

Jeff Thompson

Subsidiaries

Teal Drones and FlightWave

Stocksee public companies →

NASDAQ: RCAT

Products

Teal Golden Eagle, Teal 2 — military sUAS for ISR

Blue UAS

DIU Blue UAS List — China-free supply chain

Subsidiary

Teal Drones

Data & sources

Press releases

1

News coverage

1

Web sources

1

3 sources backing this record.View all →

Models (2)

View all models →

Current platform

Teal Golden Eagle

Small surveillance drone manufactured by Teal Drones (Red Cat Holdings). Ordered by NATO member for deployment in Ukraine.

aerialView model →

Current platform

Teal Black Widow

The Teal Black Widow is a soldier-borne ISR rucksack quadcopter made by Teal Drones, a subsidiary of Red Cat Holdings (NASDAQ: RCAT), and is recorded in the aerial form factor as the US Army Short Range Reconnaissance program drone. A hand-launched, foldable Group-1 quadcopter for single-operator short-range reconnaissance, it carries a Teledyne FLIR Hadron 640R+ electro-optical/infrared payload, an AES-256 frequency-hopping Doodle Labs radio, and a Qualcomm RB5 AI-capable compute module running FLIR's Prism AI stack, with about 45 minutes of endurance and roughly five miles of link range. It is primarily a manually piloted ISR drone with assistive autonomy such as forward obstacle avoidance and a radio-off stealth mode, so the registry frames any autonomous-drone characterization as an overclaim. Its load-bearing fact is verified: the Black Widow won the US Army Short Range Reconnaissance Program of Record in a production selection announced November 19, 2024, displacing the incumbent Skydio. The registry cap-flags the contract scope, however: the actual low-rate initial production contract is about 12.9 million dollars per a US Army FOIA disclosure rather than the larger figures used in management framing, and the often-cited 5,880-systems number is the Army's stated five-year objective, explicitly subject to change, not an obligated quantity, with a reported Tranche 2 expansion to about 35 million dollars. The common framing of the Black Widow as a Black Hornet alternative is corrected here: it is a different and larger class than Teledyne FLIR's roughly 70-gram Black Hornet nano-UAV and replaced Skydio on the platoon-level SRR program rather than replacing the Black Hornet. Red Cat is a cash-burning small-cap reliant on dilutive financing, with fiscal-year 2025 revenue of 40.7 million dollars driven by SRR deliveries against a 72.1 million dollar net loss, and the registry records the maturity as low-rate production.

aerialView model →

Relationships

RRed Cat HoldingsCustomer

Current leadership (4)

Founders (2)

See all founders across the registry →

Former / Previously (1)

  • George Matus Founder, Teal Drones (acquired by Red Cat 2021); former Red Cat CTOsecondary-verified

Safety record

No incidents on record for Red Cat Holdings.

Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.

Full safety record: incidents, sourcing, and exposure data →

Operator customers (1)

Recent coverage

Red Cat Holdings in third-party press

Red Cat Holdings (RCAT) Following Drone Milestones, Is The Defense Narrative Still Undervalued? - simplywall.st

Jul 5, 2026

Volatus Aerospace, Red Cat Holdings, Aevex: Autonomous Systems Are Driving the Next Stock Market Boom - Stockhouse

Jul 3, 2026

Red Cat Holdings Stock (RCAT) Opinions on Analyst Upgrade - Quiver Quantitative

May 28, 2026

Peers

99 peers across 1 segment. Every Red Cat Holdings competitor derived from shared form-factor and application-domain edges.

drone(99)

57 companies in this segment · moderately_concentrated (HHI 1809.2177305910177) · leader Anduril Industries at 3057%