Redwire (RDW) announced that its wholly owned subsidiary, Edge Autonomy, has partnered with Red Cat (RCAT). Together, the companies will integrate Red Cat’s Teal Drones Black Widow – a compact, small uncrewed aerial system quadcopter – with Edge Autonomy’s Stalker, a Group 2 fixed-wing VTOL UAS, to support U.S. Army echelon missions requiring advanced surveillance, reconnaissance, and situational awareness.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RDW:
- Space Stocks Jump as Investors Bet Big on SpaceX’s Next Starship Test
- Redwire price target lowered to $9 from $10 at BofA
- Redwire’s Financial Outlook Deteriorates Amid Leadership Changes and Shareholder Pressure
- Redwire Sees Bain Capital Convert Preferred Stock
- Redwire 9.962M share Spot Secondary priced at $10.15
