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Matthew Fulco
August 15, 2025
Red Cat Holdings expects to benefit from a possible ban on the use of DJI drones in the U.S. Credit: StockCake
Drone manufacturer Red Cat Holdings expects it would significantly benefit from a possible U.S. ban on the use of UAVs made by China’s DJI, the company’s management said during an Aug. 14 earnings call. Given that DJI has more than a 90% share of the U.S.’s nonmilitary drone market, Red Cat…
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