Red Cat Holdings Inc. (NASDAQ:RCAT) Stock Soars 50% On High Volume After The Big News

September 28, 2021

Red Cat Holdings Inc. (NASDAQ: RCAT) soared 50% after announcing that Skypersonic Inc., its subsidiary, has received a 5-year deal with NASA for the provision of rover and drone hardware, software, and support its simulated Mars operation. The Puerto Rico-based drone industry software provider stated that Skypersonic would offer its services to NASA’s simulated Mars program.  Notably, NASA is readying several analog missions to Mars simulating year-long stays. Each mission…