🟢 RCAT is trading 6.5% up today as subsidiary Teal Drones named finalist for $1.1B Pentagon program

RCAT is trading 6.5% up at $9.88 after its subsidiary, Teal Drones, was named a finalist for the Pentagon’s $1.1 billion Drone Dominance Program, a major low-cost military drone initiative.

• The selection marks a significant milestone for the company as it competes for a central role in the U.S. military's drone expansion strategy.
• Today's rally builds on a 4.15% gain from the previous session, supported by a broader market rebound in technology and risk assets.