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Drone Stocks Catch A Tailwind As FCC Grounds China - Red Cat Holdings (NASDAQ:RCAT)
Benzinga· 2025-12-24 17:18
The U.S. drone industry got a major boost this week as the Federal Communications Commission (FCC) officially grounded the competition from China. RCAT stock is moving. See the chart and price action here. Following a national security determination issued on Monday, the FCC added foreign-made uncrewed aircraft systems (UAS) and their critical components to its “Covered List,” effectively banning foreign-made drones.Read Next: Trump Blasts $50 Million Defense CEO Paychecks While Weapons Face DelaysThe Regul ...