Drone technology company Red Cat is poised to grow as it expands its product offerings, particularly as defense spending rises globally, according to Needham.
Get this delivered to your inbox, and more info about our products and services.
The bank initiated coverage of the drone name with a buy rating.
The proposed $1.5 trillion defense budget means the U.S. government will scale up purchases from drone companies in fiscal 2027.
Analysts pointed to companies like AeroVironment and Kratos Defense & Security Solutions as potential beneficiaries of growing…
The bank initiated the aerospace and defense stock with an overweight rating.
A newer 'lower-skies' category within the global defense market is growing twice as fast as the entire market. Oppenheimer…
Got a confidential news tip? We want to hear from you.
