Red Cat Holdings, Inc. provides products, services and solutions to the drone industry. It also engages in the provision of distributed data storage, analytics and services for the drone industry.The firm product include Dronebox, which is a blockchain technology that records, stores and analyzes flight data and information from a drone. It operates through the following segments: Enterprise and Consumer segments. The Enterprise Segment will focus on developing a hardware enabled software platform of services and solutions to government and commercial enterprises and the military. The company was founded by Jeffrey M. Thompson in February 1984 and is headquartered in San Juan, Puerto Rico.
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Drone tech provider RedCat Holdings ends the week with a bang among TradingView’s top gainers, jumping over 40% on the back of share sale plans. Shares are down in the pre-market though after the company prices its shares at $4.50 each.
Red Cat Holdings ends Tuesday among TradingView’s top gainers, up 60% after the drone tech provider has agreed to acquire Teal Drones.
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