Red Cat Holdings, Inc. · NASDAQ:RCAT
Red Cat — Q1 2026 Earnings Presentation
26 slides from Red Cat's earnings presentation, May 7, 2026
Slide 1: Drone Products, Defense Technologies, and Solutions
Drone Products, Defense Technologies, and Solutions Defining the Future of All Domain Operations September 16, 2025 © 2025 Red Cat | All Rights Reserved | Nasdaq: RCAT 0
Slide 2: Disclosure
Disclosure This Presentation contains projected financial information with respect to RCAT. Such projected financial information constitutes forward-looking information and is for illustrative purposes only and should not be relied upon as necessarily being indicative of future results. The assumpti
Slide 3: Multi-Domain Solutions
MULTI-DOMAIN SOLUTIONS + Subsidiaries + Multi-Domain Capability + Aircraft + USV + Controller + Strategic Partnerships 2
Slide 4: Subsidiaries
Subsidiaries Defense Focused / Technology Driven ACQUISITIONS FUTURE TEAL DRONES FLIGHTWAVE BLUE OPS FUTURE ACQUISITIONS Teal develops UAS for the military FlightWave is a California based Red Cat is committed to dominating Red Cat is committed to and law enforcement. It aerospace company that the U
Slide 5: Multi-Domain Capability
Multi-Domain Capability Air. Land. Sea. One Ecosystem for Multi-Domain Mission Success. MARITIME DOMAIN FIELD-PROVEN EXPANSION DRONES FOR AIR DOMINANCE As global defense priorities shift toward Black Widow and Edge maritime dominance 130 Blue deliver ISR and distributed lethality, capabilities in fa
Slide 6: Aircraft
AIRCRAFT B L A C K W I D O W TM ED GE 130 B L UE
Slide 7: The Future of Short Range Reconnaissance
The Future of Short Range Reconnaissance Specifications Aircraft Sensor Processor Weight: 4.26 lbs (1.93 kg) System: EO / IR Hadron 640R+ w/ Type: Qualcomm RB5 Flight Time: 45+ Minutes Mechanical Stabilization & EIS GPU: Adreno 650 EO Sensor: Speed: 13 m/s (29 mph) CPU: Kryo 585 64 MP, 67-degree HFO
Slide 8: Short Range Reconnaissance (SRR)
Short Range Reconnaissance (SRR) Overview Short Range Reconnaissance (SRR) SRR Tranche 2 SRR is intended to be an inexpensive, rucksack portable, vertical take-off and landing (VTOL) small unmanned aircraft PROGRAM OF RECORD WINNER that provides the platoon with a rapidly deployed November 19, 2024
Slide 9: Short Range Reconnaissance (SRR) Recent News
Short Range Reconnaissance (SRR) Recent News NATO NSPA Catalogue Approval Production Facility Expansion Inclusion in the NSPA catalogue underscores Black Widow’s readiness for allied missions while maintaining the Q3 2025 2x Expansion procurement rigor government customers expect. While the designat
Slide 10: Edge 130 Blue
Edge 130 Blue The Future of Extended Short Range Reconnaissance Specifications Aircraft Swappable Payloads Weight: 2.65 lbs (1.15 kg) Overwatch: Mapping Array: Flight Time: 60+ Minutes* EO Video Recording: 4K at 3 simultaneously triggered 13 30 fps, 10x zoom MP CMOS cameras Nominal Cruise Speed: 15
Slide 11: Uncrewed Surface Vessels
UNCREWED SURFACE VESSELS VA R IAN T 7
Slide 12: Blue Ops - Variant
Blue Ops - Variant 7 The Future of All Domain Operations Specifications Variant 7 Range: up to 810 nm Max Operating Weight: up to 3,570 kg Tactical Range: 320 nm Sensor Package: Integrated EO/IR surveillance suite (pan-tilt, thermal and visual), Optional IFF Autonomy: 48 hr transponder module Max Su
Slide 13: Blue Ops, Inc Recent News
Blue Ops, Inc Recent News USV Prototypes – Q4 2025 Blue Ops has partnered with Hodgdon Shipbuilding to produce the first five uncrewed surface vessel prototypes at its facilities in the Boothbay Region and in Damariscotta, Maine. In addition to prototype construction, Hodgdon Shipbuilding will serve
Slide 14: Command & Control (C2)
COMMAND & CONTROL (C2) W E B TM C O N T R O L L E R
Slide 15: Warfighter Electronic Bridge Specifications
Warfighter Electronic Bridge Specifications Video Downlink Resolution: Latency: <250ms 1080p Software OS: Android Encryption: AES-256 Battery Life: 10 hours (same Frequency Bands: M1-M6 battery as Aircraft) (1625 MHz to 2510 MHz) Weight: 3 lbs Our WEB ( Warfighter Electronic Channel and Band Hopping
Slide 16: Positioned for Army-Wide Adoption
Positioned for Army-Wide Adoption Designed For Interoperability OVERVIEW Across Platforms The Warfighter Electronic Bridge (WEB) Built to control multiple systems, is a versatile, multi-platform ground reducing the need for platform-specific control station designed to meet the controllers. Army’s n
Slide 17: Strategic Partnerships
STRATEGIC PARTNERSHIPS OQ Palantir REIYCAT
Slide 18: Palantir
Palantir Palantir Visual Navigation on Black WidowTM Palantir Visual Navigation uses a modular framework, designed to incorporate the best available information and technology for a given platform. Telemetry + Motion Model Variable sophistication platform motion model and available telemetry (IMU, s
Slide 19: Palantir
Palantir Warpspeed | Operating System for American Manufacturing Introducing Warp Speed lets you start immediately, Operating System empower your developers, and adapt Warp Speed for software-defined manufacturing. with the business. WATCH VIDEO: HTTPS://YOUTU.BE/O-M6FQWIRNK 18
Slide 20: Opportunity Landscape
OPPORTUNITY LANDSCAPE + Markets & Customers + Congressional Plus-Ups 19
Slide 21: Markets & Customers
Markets & Customers Tactical UAS and USV Legend TACTICAL UAS (BLACK WIDOWTM & EDGE 130 BLUE) Unmanned Surface Vessel (USV) (7-METER VARIANT) 20
Slide 22: Company Overview
COMPANY OVERVIEW + Leadership Team + Financial Position + Guidance + Investment Tailwinds 21
Slide 23: Leadership Team
Leadership Team CHRIS ERICSON GEOFF HITCHCOCK MITCH McDONALD Chief Financial Officer Chief Revenue Officer President, Teal Drones JEFFREY THOMPSON Chief Executive Officer & Chairman of the Board SHAWN WEBB BARRY HINCKLEY SANDY SPAULDING President, FlightWave President, Blue Ops Vice President, Blue
Slide 24: Financial Position
Financial Position Red Cat Holdings (NASDAQ : RCAT) 1. JUNE 30th - STRONG BALANCE SHEET - $65.9M in cash - $21.0M in inventory and inventory deposits 2. MANAGED OPERATING CASH BURN - $10.0M in operating expense cash - Working Capital and Investment cash 3. POISED FOR SIGNIFICANT REVENUE GROWTH: - Bl
Slide 25: Investment Tailwinds
Investment Tailwinds Red Cat Holdings (Nasdaq: RCAT) Recent Price (as of 09/15/25) $10.52 52 Wk. Range (as of 09/15/25) $2.31 - $15.27 Market Cap. (as of 09/15/25) $1.050B Cash & Equivalents* $24.6M Total Debt* $1.5M Shares Outstanding** 99,792,590 Preferred Stock**, as converted 3,896 Options** (+$
Slide 26: Red Cat
CONTACT Red Cat ir.redcat.red investors@redcat.red IR.REDCAT.RED | INVESTORS@REDCAT.RED | NASDAQ: RCAT