Red Cat Holdings, Inc. will join Russell Microcap® Index, reflecting innovation in drone technology.

From GlobeNewswire: 2024-06-24 14:30:00

Red Cat Holdings, Inc. will join the Russell Microcap® Index, effective June 28, 2024, after the annual reconstitution of the Russell US Indexes. The company’s inclusion reflects its innovative drone technology designed for various operations. Red Cat’s solutions include the Teal 2 with high-resolution thermal imaging and the FANG™ drone for defense applications. This move solidifies Red Cat’s position in the growing drone industry. The company’s CEO, Jeff Thompson, sees this as a testament to Red Cat’s focused execution in 2024, positioning them for further growth and exposure to investors. Red Cat continues to dominate the night with its cutting-edge drone technology.



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