Red Cat
Develops and manufactures military and commercial drones, incorporating additive manufacturing in some components and partnering with 3D printing firms for production.
- CEO / Founder
- Jeffrey M. Thompson
- Team Size
- 201-500
- Stage
- Public
- Total Funding
- $225M
- Latest Round
- IPO
- Key Investors
- DEV; AccelR8
Technology & Products
Key Products
Black Widow; TRICHON; FANG; Edge 130; Variant 7
Technological Advantage
Uses additive manufacturing to enable rapid prototyping and low-cost production of drone components, but this is not a core differentiator as the company is primarily a drone integrator.
Differentiation
Value Proposition
Provides drones for defense with modular 3D-printed designs to reduce costs and lead times.
How They Differentiate
Not applicable in AM context; competes in drone market.
Market & Competition
Target Customers
U.S. Department of Defense, military, government, public safety
Industry Verticals
Defense; National Security; Government; Public Safety
Competitors
Ondas Holdings
Growth & Milestones
Growth Metrics
Revenue growth 345.5% in 2024, 739.8% in 2023, -72.8% in 2025
Major Milestones
Investment in Firestorm (2023); Partnership with HADDY (2025); Acquisition of FlightWave (2024)
Notable Customers
U.S. Army; U.S. Department of Defense