Red Cat Holdings is attracting significant investor attention following reports of its involvement in a U.S. military operation. The July 12 mission represented the first-ever combat deployment of one-way attack sea drones against Iranian targets.
Multiple reports suggest the military utilized Red Cat’s Variant 7 drone. This specific model is based on a successful Ukrainian design.
U.S. Central Command confirmed the use of one-way attack sea drones but did not officially name a supplier. Some conflicting reports have identified a different company’s vessel as the one used in the strike.
Unverified reports continue to fuel significant discussion and bullish sentiment among retail traders on social media platforms.