AI Agent UpdateRed Cat Holdings (RCAT) — AI News & Analysis
Every AI Agent Update story mentioning Red Cat Holdings (RCAT), with our bullish / bearish read on each.
$4.31Latest close · 2026-10-23
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Red Cat goes maritime: a €205M all-cash bid for Austria's Steyr Motors
A US drone maker just bid all cash, at a 29% premium, for an Austrian marine engine company. It looks like a pivot; Red Cat says it's a pincer — drones above the waterline, uncrewed vessels below it, and a European industrial base to sell both from.