RCAT is trading 15.5% up today at $12.29 in pre-market following a Wall Street Journal report that the Trump administration is considering funding deals with several U.S. drone companies to boost domestic production.
- The potential policy shift has sparked a sharp rally across drone and defense names as investors anticipate a surge in government-backed demand.
- RCAT is extending a strong multi-day uptrend, having moved up from the $8.94–$10.67 range over the past week.