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Red Cat Holdings Inc. (RCAT) has stunned investors with an extraordinary 911% stock price surge over the past 13 months, trading at $8.19 as of July 31, 2025. This dramatic rise coincides with a string of transformative milestones, chief among them a major U.S. Army contract to supply cutting-edge reconnaissance drones — a catalyst that’s redefining both the company’s fortunes and its outlook in the defense sector.
Just about 13 months ago, on June 7, RCAT was a penny stock trading at $0.81. This turnaround and continued growth show the incredible momentum and potential of the stock.