Red Cat Holdings Acquires Quaze and Sees Stock Rise

Red Cat Holdings (NASDAQ: RCAT) saw its stock rise over 4% following the announcement of acquiring Quaze, a developer of wireless power transfer technology for drones. The acquisition is valued at approximately $26 million in an all-stock deal with potential additional payments based on performance targets.

By Rich Smith, The Motley Fool Wed, May 20, 2026 at 5:23 PM GMT+3 3 min read · Yahoo Finance · May 20, 2026, 14:23 UTC

Red Cat Holdings Acquires Quaze and Sees Stock Rise

Tickers: $INTC $NVDA $RCAT

Topics: acquisition drones Red Cat Holdings wireless charging

Read the full article at Yahoo Finance

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