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Red Cat wins $2.49M U.S. Air Force contract for Black Widow drone systems assessment

Market News
30 Jul 2026
GlobeNewsWire
View Source
Bullish
Red Cat wins $2.49M U.S. Air Force contract for Black Widow drone systems assessment

Red Cat Holdings' subsidiary Teal Drones secured a $2.49 million contract from the U.S. Air Force to supply Black Widow small unmanned aircraft systems and support for technical and operational evaluation. The assessment aims to determine if Black Widow can replace the current Teal 2 drone fleet used by the Air Force Security Forces. This contract highlights Red Cat's growing role in U.S. defense drone technology, following Black Widow's selection by the U.S. Army for short-range reconnaissance. Deliveries are expected by August 24, 2026.

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WM Vice President sells 1,365 shares worth $300,000 in insider transaction

WM Vice President sells 1,365 shares worth $300,000 in insider transaction

A Vice President at WM sold 1,365 shares valued at $300,000. Insider sales like this can indicate the executive's personal financial decisions but do not necessarily reflect the company's outlook. Investors should watch for any further insider activi...

Market News
Bearish
2 hours ago
YETI raises FY26 guidance with strong growth and valuation upside amid market volatility

YETI raises FY26 guidance with strong growth and valuation upside amid market volatility

YETI has raised its fiscal year 2026 guidance, now expecting 10-12% growth in adjusted operating income, 14.9% operating margins, and pro forma EPS of $2.94-$3.00. The company benefits from accelerating direct-to-consumer sales, strong 19% year-over-...

Analyst Insights
Bullish
4 hours ago
Bitcoin Cash jumps 28.76% amid talks of network upgrades, leading crypto gainers today.

Bitcoin Cash jumps 28.76% amid talks of network upgrades, leading crypto gainers today.

Bitcoin Cash surged 28.76% to $341.18, leading the day's top gainers amid renewed interest driven by discussions of potential network upgrades. This rise highlights investor focus on scalable alternatives to Bitcoin, as Bitcoin Cash offers larger blo...

Market News
Bullish
4 hours ago
Useless Coin rallies amid Bitcoin surge and memecoin momentum, eyeing $0.34 target.

Useless Coin rallies amid Bitcoin surge and memecoin momentum, eyeing $0.34 target.

Useless Coin (USELESS) has surged significantly in the past 24 hours, outperforming the broader crypto market which rose 4.2% to a $2.91 trillion market cap. This rally is driven by Bitcoin's breakout and a rotation of capital into memecoins like PEP...

Market News
Bullish
4 hours ago
HBAR price jumps 29%, nears key $0.10 resistance after breaking long-term $0.086 barrier

HBAR price jumps 29%, nears key $0.10 resistance after breaking long-term $0.086 barrier

Hedera's HBAR token has surged nearly 29% from its recent low, reaching about $0.097 and surpassing a long-standing resistance near $0.086. The rally shows stronger buyer interest with increased trading volume and the price now above its 200-day aver...

Technical Signals
Bullish
5 hours ago
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