Red Cat

Through its Teal Drones and FlightWave Aerospace units, Red Cat Holdings builds small unmanned aircraft for militaries and government agencies rather than consumers. Its drones sit on the Pentagon's Blue UAS cleared list, which lets US defense buyers skip the lengthy waivers required for Chinese-made hardware and has become the company's core selling point. Teal's systems, including the Black Widow reconnaissance drone, are assembled in Salt Lake City and pitched as American-made alternatives to DJI. Red Cat's prospects lean heavily on a few large defense programs, most visibly a US Army short-range reconnaissance contract, so its revenue can swing sharply with procurement decisions. That concentration, common among small defense suppliers, makes the stock a bet on Washington's push to source drones domestically.

On MyRWA, RCAT trades tokenized across 4 on-chain venues - see the listings below.