Red Cat Holdings, Inc. (NASDAQ:RCAT) shares are up during Monday’s premarket session. The company introduces its new small unmanned aircraft system, Hellcat, designed for rapidly evolving operational environments.
The announcement comes as the broader market is also experiencing a positive tone, with S&P 500 futures gaining 1.3%.
Unveils Hellcat Small UAS
Red Cat has unveiled Hellcat, a dual-use small unmanned aircraft system built on the Black Widow platform. It aims to support various customer configurations and mission needs.
Hellcat is built on a Modular Open Systems Architecture (MOSA), allowing users to tailor command-and-control systems, payloads, software, and integration capabilities to meet specific mission requirements.
