ORLANDO, FL / ACCESS Newswire / July 15, 2025 / (NYSE American:UMAC) -- Unusual Machines, Inc. (the "Company" or "Unusual Machines"), a United States based manufacturer and distributor of drone parts, today announced the closing of its previously announced registered direct offering of 5,000,000 shares of its common stock at a purchase price of $9.70 per share (the "Offering") resulting in gros...
ORLANDO, FL / ACCESS Newswire / July 14, 2025 / Unusual Machines, Inc. (NYSE American:UMAC) (the "Company" or "Unusual Machines"), a leader in drone technology and component manufacturing, today announced it has entered into a securities purchase agreement with certain investors for the purchase and sale of 5,000,000 shares of common stock (or pre-funded warrants in lieu thereof) in a registere...
New hire supports operational scale-up and financial infrastructure as company ramps U.S. motor manufacturing ORLANDO, FLORIDA / ACCESS Newswire / July 9, 2025 / Unusual Machines, Inc. (NYSE American:UMAC), a leader in drone technology and component manufacturing, today announced the appointment of Tim Manton, CPA, as Corporate Controller, reporting to Chief Financial Officer Brian Hoff. Manton...
ORLANDO, FL / ACCESS Newswire / July 7, 2025 / Unusual Machines, Inc. (NYSE American:UMAC), a leader in drone technology and component manufacturing, has promoted Stacy Wright to Executive Vice President of Revenue. In this expanded role, she will lead revenue strategy and performance across all business units as the company accelerates growth, expands U.S. manufacturing, and increases domestic...
New index inclusion aligns with company's domestic growth strategy, including new facility and increased hiring ORLANDO, FLORIDA / ACCESS Newswire / June 30, 2025 / Unusual Machines, Inc. (NYSE American:UMAC), a leader in drone technology and component manufacturing, announced its inclusion in the Russell Microcap® Index, effective today. The addition reflects the company's accelerating growth ...
The drone market in the United States is projected to reach about $5.5 billion in 2029, expanding at a CAGR of 10.3% from 2024 through that period. Drones have varied applications in civil, commercial, and defense settings and have become indispensable to everything from weather monitoring to surveillance to military endeavors.
Unusual Machines is shifting from retail drone sales to component manufacturing, aiming to capitalize on efforts to onshore the production of critical components. Recent activity has significantly strengthened Unusual Machines' balance sheet, but the capital-intensive nature of manufacturing means that dilution remains a risk. While Unusual Machines could generate strong growth if its component...
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