Red Cat's Teal Drones unit failed to place in Gauntlet II, removing it from the award shortlist and weakening its path to Pentagon orders.
Missing the top five keeps Red Cat off the shortlist for Gauntlet II award decisions. Red Cat had no delivery orders from Gauntlet I, and its shares fell on the news. That reduces visible contract opportunities tied to Gauntlet II for Red Cat.
Ondas' Ascent Aerosystems missed this Gauntlet II round but placed 10th previously with orders accepted and remains eligible for future Gauntlets.
AeroVironment is mentioned as a larger defense name to watch but is not listed among Gauntlet II winners or losers in the story.
Kratos is cited as a sector peer to monitor, but the piece gives no Gauntlet placement or new order detail for it.
Unusual Machines makes drone parts and was discussed in government funding talks, but those talks are proposals and not awarded contracts or cash.
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