Unusual Machines, Inc.
AAMEX:UMACCapital Structure
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in mil. unless spec.Company Description
- CEO
- Allan Evans
- Full Time Employees
- 141
- Sector
- Electronic technology
- Industry
- Electronic equipment/Instruments
- Address
- 5728 Major Blvd. Orlando FL United States 32811
- IPO Date
- Feb 14, 2024
- CIK
- 0001956955
- Website
- unusualmachines.com
- Similar Companies
- Business
- Unusual Machines, Inc. (NYSE American: UMAC) manufactures and sells drone components and small drones focused on first-person view (FPV) technology for commercial, recreational, entertainment, competitive racing, and defense applications; core products include ultra-low latency FPV video goggles under the Fat Shark brand, high-performance NDAA-compliant electric motors from Rotor Lab, small acrobatic FPV drones, propulsion systems, cameras such as Aura, HDO+ goggles, and related parts and accessories retailed through the Rotor Riot e-commerce platform and B2B channels. Incorporated in 2019 and headquartered at 4677 L B McLeod Road, Suite J, Orlando, Florida, the company, formerly AerocarveUS Corporation until its name change in July 2022, distributes via e-commerce, retail, and direct sales while expanding U.S.-based production for domestic supply chains including the Department of Defense. Recent developments encompass the September 2025 completion of the $7 million acquisition of Rotor Lab Pty Ltd to enhance motor production capabilities; a $25 million strategic investment in XTI Aerospace following its Drone Nerds acquisition in November 2025; $300 million Capital on Demand sales agreement in 2025; major defense orders including 3,500 motors for the U.S. Army 101st Airborne Division in October 2025, $12.8 million for Strategic Logix RRSL drones in September 2025, $1.6 million for Aura cameras and goggles in August 2025, and $800,000 from Red Cat in October 2025; additions of a 25,000 sq ft Orlando warehouse in November 2025 and motor facility online in October 2025 with 30 new hires; $72 million raised via ATM in October 2025; key executive appointments such as VP of Supply Chain Jason Reels, VP Engineering Al Ducharme, VP Marketing Nathaniel Kennedy, and others in 2025; and strategic investments alongside Ondas Holdings in LightPath Technologies and Safe Pro Group for drone optics and AI technologies.
Company News
Unusual Machines to Announce Third Quarter 2026 Financial Results and Provide Corporate Update
Unusual Machines Receives $16.9 Million Purchase Order from Powerus for American-Made Drone Components
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Unusual Machines: The Multibagger In The Making For U.S. Drone Supply
Unusual Machines Completes Acquisition of Upgrade Energy, Expanding U.S. Drone Battery Manufacturing
XTI Aerospace Appoints Unusual Machines CEO Dr. Allan Evans to Serve as Chairman of its Board of Directors
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Unusual Machines Tumbles 8% Despite Pentagon’s Autonomous Warfare Push; AeroVironment Eases, Red Cat Pulls Back
Can Counter-Drone Demand Become Unusual Machines' Next Catalyst?
Unusual Machines' Revenue Boom: What Drives the Next Leg?
Unusual Machines, Inc. (NYSEAMERICAN:UMAC) Stock Has Average Target Price of $37.00 According to Brokerages
Unusual Machines Jumps 6% as Drone Names Bounce Together; Ondas Climbs 4%, Red Cat Rises 3%
ONDS' $56M Defense Bet: Can 3 Buyouts Build an Autonomous Warfare Stack?
Red Cat, Ondas Miss the Cut in Pentagon's Latest Drone Dominance Round
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Concurrent Investment Advisors LLC Makes New $1.45 Million Investment in Unusual Machines, Inc. $UMAC
Wall Street Analysts Believe Unusual Machines, Inc. (UMAC) Could Rally 50.12%: Here's is How to Trade
Unusual Machines Invests an Additional $20 Million in XTEND AI Robotics, Bringing Total Investment to $27.5 Million