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Red Cat Holdings shares rise 11.06% intraday after Lantronix solution selected for U.S. Army's SRR Program.
ByAinvest
Monday, Aug 18, 2025 3:28 pm ET1min read
Red Cat Holdings, Inc. rose 11.06% in intraday trading, with the company's subsidiary, Teal Drones, being selected by the U.S. Army for the production of its Black Widow™ drones under the SRR Program. This selection highlights Red Cat Holdings' role as a trusted technology partner for mission-critical applications, providing early revenue visibility and expanding its long-term defense market positioning.
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