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Red Cat Holdings expects a staggering 1,842% revenue increase for the fourth quarter of 2025, projecting earnings between $24.0 million and $26.5 million, driven by the launch of the 'Black Widow' drone under a $35 million U.S. Army contract. Despite a net loss of $52.4 million in the first nine months of 2025, the company is expanding production facilities across several states to meet rising demand, while its shares surged 53% to $14.03.