Red Cat Holdings successfully tested its Black Widow drone with Palantir's VNav software for GPS-denied navigation in military applications.
Quiver AI Summary
Red Cat Holdings, Inc. has successfully tested its Black Widow™ drone, equipped with Palantir Technologies' Visual Navigation (VNav) Software, demonstrating its ability to navigate in GPS-denied environments. This marks a significant advancement as it's the first time visual navigation software has been demonstrated on a drone accepted into a U.S. Army program, enhancing tactical capabilities for the Department of War. The tests validated VNav's performance under various conditions, achieving mean positional accuracy of approximately 7 meters during a simulated reconnaissance mission, all without requiring additional hardware. Red Cat's CEO highlighted this breakthrough as a step towards evolving into a full-stack defense technology platform, with promising revenue potential for 2026. The partnership aims to develop formal Army demonstrations and integrate VNav capabilities into all fielded Black Widow systems.
Potential Positives
- Successful flight testing of the Black Widow™ drone using Palantir's Visual Navigation software demonstrates advanced capabilities in GPS-denied conditions, representing a significant technological achievement.
- This is the first known commercial demonstration of such software on a drone accepted into a U.S. Army program, potentially giving Red Cat a competitive edge in defense contracting.
- The integration of VNav requires no new hardware, making it a cost-effective solution ready for immediate deployment, which could enhance military operational efficiency.
- The positive results from testing may lead to formal Army demonstrations and broader adoption of VNav technology, indicating strong growth potential for Red Cat's defense technology offerings.
Potential Negatives
- Reliance on forward-looking statements creates uncertainty regarding the company's future performance and the viability of its products.
- Potential risks identified in the "Risk Factors" section may cause investor concerns about the company's stability and operational uncertainties.
- The mention of expectations for margin expansion and strong revenue potential could raise skepticism if not backed by solid historical performance data.
FAQ
What is the Black Widow™ drone?
The Black Widow™ drone is a tactical UAV part of the U.S. Army’s Short Range Reconnaissance (SRR) program.
What is Palantir's Visual Navigation (VNav) Software?
VNav is a visual-based navigation software that enables drones to operate in GPS-denied environments.
What was demonstrated in the recent flight testing?
The testing confirmed the Black Widow™ can navigate without GPS, successfully conducting missions using VNav software.
How does VNav enhance drone capabilities?
VNav uses edge-based sensor fusion for real-time position estimates, allowing navigation in degraded environments without additional hardware.
What are the future plans for VNav and Black Widow™?
Red Cat and Palantir aim to conduct formal Army demonstrations and develop full product capabilities for Black Widow systems.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$RCAT Insider Trading Activity
$RCAT insiders have traded $RCAT stock on the open market 10 times in the past 6 months. Of those trades, 0 have been purchases and 10 have been sales.
Here’s a breakdown of recent trading of $RCAT stock by insiders over the last 6 months:
- NICHOLAS REYLAND JR LIUZZA has made 0 purchases and 2 sales selling 200,309 shares for an estimated $1,529,769.
- JOSEPH DAVID FREEDMAN sold 150,000 shares for an estimated $1,105,500
- CHRISTOPHER R. MOE has made 0 purchases and 7 sales selling 86,833 shares for an estimated $861,560.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$RCAT Hedge Fund Activity
We have seen 120 institutional investors add shares of $RCAT stock to their portfolio, and 50 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 3,961,684 shares (+364.6%) to their portfolio in Q2 2025, for an estimated $28,841,059
- MORGAN STANLEY added 1,179,964 shares (+238.0%) to their portfolio in Q2 2025, for an estimated $8,590,137
- VANGUARD GROUP INC added 1,131,309 shares (+42.0%) to their portfolio in Q2 2025, for an estimated $8,235,929
- GEODE CAPITAL MANAGEMENT, LLC added 974,121 shares (+142.7%) to their portfolio in Q2 2025, for an estimated $7,091,600
- NATIONAL BANK OF CANADA /FI/ removed 503,300 shares (-61.7%) from their portfolio in Q2 2025, for an estimated $3,664,024
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 490,131 shares (+44.7%) to their portfolio in Q2 2025, for an estimated $3,568,153
- VERITION FUND MANAGEMENT LLC added 486,760 shares (+742.2%) to their portfolio in Q2 2025, for an estimated $3,543,612
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$RCAT Analyst Ratings
Wall Street analysts have issued reports on $RCAT in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Needham issued a "Buy" rating on 10/03/2025
To track analyst ratings and price targets for $RCAT, check out Quiver Quantitative's $RCAT forecast page.
Full Release
SAN JUAN, Puerto Rico, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security, today announced the successful flight testing of its Black Widow™ drone equipped with Palantir Technologies Inc. (Nasdaq: PLTR) Visual Navigation (VNav) Software.
The test demonstrated that the Black Widow™ drone, currently part of the U.S. Army’s Short Range Reconnaissance (SRR) program of record, can navigate in GPS-denied conditions using Palantir’s visual-based navigation software. This marks the first known commercial demonstration of visual navigation software on a drone already accepted into a U.S. Army program.
“This is a breakthrough moment not just for Red Cat, but for the tactical needs of the Department of War,” said Jeff Thompson, CEO of Red Cat. “Every battlefield is a GPS-denied environment, and this successful test shows that Red Cat and Palantir are delivering a software-driven solution the Army can rely on. It requires no new hardware, is ready to deploy today, and gives warfighters the edge in contested environments. It also signals our evolution into a full-stack defense technology platform, with expected margin expansion and strong revenue potential in 2026.”
VNav uses edge-based sensor fusion to generate real-time position estimates from visual cues and inertial data, enabling navigation in denied or degraded environments. Over a multi-day series of tests, Red Cat and Palantir engineers evaluated VNav across nominal and GPS-denied conditions, including high-speed and low-altitude flights.
The testing sequence validated:
-
Full integration of VNav with the Black Widow™ flight controller, including compatibility with GPS-assisted operation
-
Accurate navigation in simulated GPS-denied environments
-
Reliable operation at altitudes as low as 150 feet AGL and speeds up to 16 mph
-
Robust performance in twilight and extremely low-light conditions
-
A simulated reconnaissance mission with dynamic flight parameters, completed successfully without GPS or human input
These results helped define a preliminary performance envelope for VNav on the Black Widow system. The final mission demonstrated VNav’s ability to navigate a complete ISR mission profile, including cruising to a target, descending for surveillance, flying local waypoints, and returning, all without GPS and with continuous positional awareness.
Palantir engineers reported that VNav achieved a mean positional error of approximately 7 meters over a 2.7-kilometer route. No additional hardware was required for any of the flights, as VNav runs entirely on the Black Widow’s existing onboard sensors.
“Palantir Visual Navigation performed well in real-world conditions,” said Akash Jain, President and CTO, Palantir USG. “This demonstrates our approach to visual navigation in disrupted environments –– delivering intelligent software that adapts, scales across platforms like Black Widow, and supports the Army’s integrated operating systems.”
Red Cat and Palantir are working toward a formal Army demonstration and full productized VNav capability for all fielded Black Widow systems.
About Red Cat Holdings, Inc.
Red Cat (Nasdaq: RCAT) is a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security. Through its wholly owned subsidiaries, Teal Drones and FlightWave Aerospace, Red Cat develops American-made hardware and software that support military, government, and public safety operations across air, land, and sea. Its Family of Systems, led by Black Widow™, delivers unmatched tactical capabilities in small, unmanned aircraft systems (sUAS). Expanding into the maritime domain through Blue Ops, Inc., Red Cat is also innovating in uncrewed surface vessels (USVs), delivering integrated platforms designed to enhance safety and multi-domain mission effectiveness. Learn more at www.redcat.red.
Forward-Looking Statements
This press release contains "forward-looking statements" that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will," "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Red Cat Holdings, Inc.'s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled "Risk Factors" in the Form 10-KT filed with the Securities and Exchange Commission on March 31, 2025. Forward-looking statements contained in this announcement are made as of this date, and Red Cat Holdings, Inc. undertakes no duty to update such information except as required under applicable law.
Media Contact:
Peter Moran
Indicate Media
[email protected]
(347) 880-2895
Investor Contact:
[email protected]