Red Cat withdraws proposal for Steyr Motors AG transaction
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Red Cat Issues Statement Regarding Steyr Motors AG
July 28, 2026 9:00 PM EDTSALT LAKE CITY, July 28, 2026 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc.(Nasdaq: RCAT) (Red Cat or the Company), a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security, today issued the following statement regarding reports of a potential transaction involving Steyr Motors AG.
As part of its ongoing growth strategy, Red Cat regularly evaluates a range of potential strategic opportunities, including acquisitions, partnerships, and investments that could expand the Companys capabilities, strengthen its supply chain, and support customers across defense, government, and commercial markets.
Red Cat evaluated and... More
