NASA Pact Launches Red Cat Shares Up Nearly 70%
By Colin Kellaher
Red Cat Holdings Inc. shares rose nearly 70% Monday after the
company's Skypersonic Inc. unit received a five-year contract from
the National Aeronautics and Space Administration.
Red Cat, a Puerto Rico-based provider of software to the drone
industry, said Skypersonic will provide drone and rover software,
hardware and support for NASA's simulated Mars mission.
Red Cat shares were recently up 69.2% to $4.06.
Write to Colin Kellaher at email@example.com
(END) Dow Jones Newswires
September 27, 2021 11:14 ET (15:14 GMT)
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