Red Cat Holdings, Inc.?(RCAT), a provider of advanced all-domain drone and robotic solutions for defense and national security, said Tuesday that Federal Communications Commission's or FCC's, action adds foreign-manufactured drones and their critical components to the Covered List effective immediately.
This step was taken following an interagency review led by the White House and a national security determination that such systems pose "unacceptable risks" to U.S. safety and sovereignty. The decision follows a national security determination made by an Executive Branch interagency body convened by the White House.
Red Cat was responding to the FCC's announcement to immediately implement Section 1709 of the FY25 National Defense Authorization Act (NDAA).
Red Cat emphasized that while the enforcement of Section 1709 is a necessary step in safeguarding American airspace and critical infrastructure, its success hinges on the availability of trusted alternatives.
The company added that the public and private sector customers must have access to cost-effective and capable American-made platforms that meet operational demands.
The company's Family of Systems includes NDAA-compliant platforms such as the Black Widow, which are designed and built in the United States to meet the evolving needs of defense and security customers.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.