Red Cat Holdings' maritime division, Blue Ops, detailed launch plans for its Variant 7 uncrewed surface vessel (USV) on May 22, 2026.
The 7.2-meter autonomous platform is designed for military and government operations. It supports a 650 kg payload capacity. The USV achieves top speeds exceeding 39 knots. It maintains over 60 hours of unmanned endurance.
The announcement follows a May 21 contract confirmation to supply Black Widow drone systems to the Japan Ground Self-Defense Force.
RCAT shares traded higher on Friday. Investors cited the company's expanding multi-domain defense solutions as a primary driver.