Purple Cat Holdings, Inc. (Nasdaq: RCAT) (“Purple Cat” or the “Firm”), a drone know-how firm integrating robotic {hardware} and software program for navy, authorities, and business operations, stories its monetary outcomes for the second quarter ended June 30, 2025 and gives a company replace.
Latest Operational Highlights
- SRR Black Widow Contract: In July 2025, the corporate executed the TD3 LRP contract with the U.S. Military to ship as much as 690 SRR Black Widow methods.
- Teal Drones achieved AS9100 certification from NSF Worldwide Strategic Registrations (NSF-ISR), a number one world certification physique for aerospace and protection high quality methods.
- Introduced partnership with ESAero to help manufacturing for Teal’s Black Widow™.
Second Quarter 2025 Monetary Highlights
- Ended the quarter with money and accounts receivable of $66.9 million.
- Quarterly Income of $3.2 million.
“Purple Cat is on the forefront of a significant transformation in unmanned methods,” stated Jeff Thompson, CEO of Purple Cat. “With our AS9100 certification, strategic partnerships, and enlargement into uncrewed floor vessels, we’re coming into the second half of 2025 in a robust place. Latest developments—together with Secretary Hegseth’s announcement on drone dominance, the chief order on shipbuilding, our new Military contract, and a considerably expanded 2026 finances for SRR—sign that subsequent yr is shaping as much as be a breakthrough second for Purple Cat and the business as an entire.”
“Our steadiness sheet is in a incredible place to execute our long-term targets,” stated Chris Ericson, Purple Cat CFO. “We’ve bolstered our quarter-end money and receivables of $66.9 million along with our $21.0 million in stock and stock deposits. This liquidity offers us ample energy and skill to execute the calls for of the U.S. Military’s SRR program, construct out our USV division and increase worldwide alternatives for the second half of 2025 and past.”
About Purple Cat Holdings, Inc.
Purple Cat (Nasdaq: RCAT) is a U.S.-based supplier of superior all-domain drone and robotic options for protection and nationwide safety. By way of its wholly owned subsidiaries, Teal Drones and FlightWave Aerospace, Purple Cat develops American-made {hardware} and software program that help navy, authorities, and public security operations throughout air, land, and sea. Its Household of Techniques, led by Black Widow™, delivers unmatched tactical capabilities in small unmanned plane methods (sUAS). Increasing into the maritime area, Purple Cat can be innovating in uncrewed floor vessels (USVs), delivering built-in platforms designed to reinforce security and multi-domain mission effectiveness. Study extra at www.redcat.pink.
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