$RCAT liftoff to $20Red Cat Holdings IncBATS:RCATyoitskraftDown trend broken? - YES Bottom of channel bounce? - YES Breaker block bounce? - YES Volume on daily candle bounce? - YES Positive news? - YES Red Cat develops military drone systems and autonomous UAV technology used for: * Defense & military operations * Reconnaissance & surveillance * Border security * Public safety * Tactical battlefield operations The company is positioning itself as a U.S.-focused defense drone and autonomous systems play as modern warfare increasingly shifts toward low-cost unmanned systems. Key advantages: * Strong exposure to military drone demand * U.S.-based manufacturing and supply chain * AI/autonomous flight capabilities * Growing government and defense relationships * Exposure to rising global defense spending Revenue comes from drone hardware, software systems and military/government contracts. Financials are still early-stage: * Revenue growing rapidly from defense contracts * Company remains loss-making while scaling production * Balance sheet improved following recent capital raises * Focus remains on converting military programs into larger recurring production revenue Recent momentum: * Black Widow selected for the U.S. Army SRR Tranche 2 drone program * Expansion of Teal drone manufacturing capabilities * Increasing investor focus on autonomous warfare systems * Growing momentum around U.S.-made military drone suppliers