View: slopechart_RCAT.jpg

slopechart_RCAT.jpg

Drone tech company, RCAT, price has fallen out of the triangle and below the Cloud. 
From TheBearCave, Fuzzy Panda alleged that the company’s senior engineers “have been quitting for months” and said that its drone technology is premature. Fuzzy Panda highlighted that Red Cat’s CEO “previously ran Towerstream, a reverse merger that allegedly paid stock promoters and crashed -100%” and noted Red Cat has had three CFOs in the last two years.

Image added via SlopeCharts
slopechart_RCAT.jpg

Comments

VioletViolet
Losing support of green uptrend puts gap at 4.10 as target. 
8/17/25
Mr. WizardMr. Wizard
With 115 employees they don't have too many extra to lose. 
IMO it's become impossible to keep up with drone technology. If you're not at the front lines in Ukr that stuff passes you by in a heartbeat. 
Production is thousands per day. 
A lot of development is done by a couple of guys in garages and tried out the same week. If successful they sell or give their ideas to larger companies. 
Anti-drone electronic warfare jumps every month or two. Covering main roads with anti-drone netting (basically chain link fencing) has become SOP in just 2 or 3 months - I watched a video of drones creeping along the ground looking for an opening, they only needed 6 inches. Fiber optic control (unjammable) is SOP in only 6 months. Now personal anti-drone drones are in the battle. 8/17/25
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Violet
  • By: Violet
  • On: 8/17/25 10:56AM

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