Should Red Cat’s CRO Firing and New Air Force Drone Contract Require Action From Red Cat (RCAT) Investors?
Red Cat Holdings, Inc. recently announced the termination of its Chief Revenue Officer (CRO) for cause, leading to a lawsuit against the company. Simultaneously, its subsidiary, Teal Drones, secured a US$2.49 million contract with the U.S. Air Force for Black Widow systems. Investors need …