Oct 202619
Red Cat Holdings agrees to buy Steyr Motors
Austrian developer and producer of customized special engines, used primarily in military special vehicles, boats and auxiliary power units
UndisclosedPending
Company
Red Cat Holdings, Inc.
Red Cat is a U.S.-based provider of drone and robotic solutions for defense, national security and commercial customers. ↗
| Headquarters | South Salt Lake, UT ↗ |
|---|---|
| Founded | 1984 ↗ |
| Leadership | Jeff Thompson, CEO ↗; Christian Morrison, CFO ↗ |
| Employees | 244 ↗ |
| Revenue | $41 million (fiscal 2025) ↗ |
| Ownership | Public; Nevada corporation ↗ |
| Shares | RCAT ↗ |
Products
- Black Widow is Teal Drones' small tactical drone, part of the U.S. Army's Short Range Reconnaissance program of record. ↗
- Edge 130 is FlightWave's military-grade tricopter with vertical takeoff and landing for extended short-range mapping, inspection, surveillance and reconnaissance. ↗
- FANG is an NDAA-compliant FPV drone for ISR and tactical applications, part of the Arachnid family of systems. ↗
- Arachnid is Red Cat's family of ISR and precision strike drones, a sensor-to-shooter system. ↗
- Variant 7 is the Blue Ops uncrewed surface vessel, built in the United States and now in full-rate production. ↗
- Hellcat is a dual-use small unmanned aircraft system built on the Black Widow platform. ↗
Customers
- The U.S. Army selected Teal as a winner of its Short Range Reconnaissance program in November 2024. ↗
Deals since 2020
Mar 202630
Red Cat Holdings buys Quaze Technologies
A Québec-based developer of wireless power transfer technology for unmanned systems, drones and autonomous machines.
Up to $21 millionClosed May 19, 2026
Mar 202627
Red Cat Holdings buys Apium Swarming Robotics
California-based developer of distributed control systems for autonomous swarming drones and uncrewed surface vessels
$20 millionClosed Mar 27, 2026
Jul 202422
Red Cat Holdings sells Red Cat's stake in Unusual Machines
Buyer: Undisclosed buyer
Unusual Machines sells first-person-view video goggles for drone pilots, drones, parts and related equipment to the consumer marketplace; Red Cat had owned a 46% interest.
$4 millionClosed Jul 22, 2024
Jun 202411
Red Cat Holdings buys FlightWave Aerospace
Seller: FlightWave Aerospace Systems
Assets used in designing, developing, manufacturing, and selling long range, AI-powered UAVs for commercial use (the Edge 130 long-endurance VTOL fixed-wing system).
$14 millionClosed Sep 5, 2024
Nov 202221
Red Cat Holdings sells Rotor Riot and Fat Shark to Unusual Machines
Buyer: Unusual Machines
Red Cat's consumer business: recreational and hobbyist drones, first-person-view goggles, and a licensed authorized reseller.
$22 millionClosed Feb 16, 2024
Jul 202113
Red Cat Holdings buys Teal Drones
Manufactures the Golden Eagle drone; provides unmanned aerial vehicle technology to government and commercial enterprises, most notably the military.
$14 millionClosed Aug 31, 2021
Feb 202111
Red Cat Holdings buys Skypersonic
Seller: Giuseppe Santangelo, founder and majority shareholder, and other holders
A provider of drone products and software solutions that enable drone inspection flights that can be executed by pilots anywhere in the world.
$3 millionClosed May 7, 2021
Sep 202030
Red Cat Holdings buys Fat Shark
Seller: Greg French, founder
Sells consumer electronics products to the first-person view (FPV) sector of the drone industry; flagship products are headsets with a built-in display (goggles).
$8 millionClosed Nov 2, 2020