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Red Cat Shares Rise Following Quaze Technologies Acquisition (RCAT)
InvestorsHub127d agoneutral
Red Cat Shares Rise Following Quaze Technologies Acquisition (RCAT)

Red Cat Holdings (NASDAQ:RCAT) shares gained 3% on Wednesday after the company completed its acquisition of Quaze Technologies, a Québec-based developer specializing in wireless power transfer systems for unmanned platforms. Quaze will continue operating as an independent business unit within Red Cat while advancing its wireless power technology for integration across the company’s product ecosystem.