Latest news with #FatShark
Yahoo
11-08-2025
- Business
- Yahoo
Unusual Machines' Fast Shark Aura VTX Receives Approval from DIU
Unusual Machines, Inc. (NYSE:UMAC) is one of the Best Small-Cap Drone Stocks to Invest In. On July 21, Unusual Machines, Inc. (NYSE:UMAC) announced that its Fat Shark Aura Video Transmitter (VTX) has been approved by the Defense Innovation Unit (DIU). The DIU has approved Unusual Machines' Fat Shark Aura VTX for inclusion in the Blue UAS Framework. The VTX becomes part of the growing list of Unusual Machines' NDAA-compliant components already listed on the framework. After the approval of the company's core FPV drone components, it is now positioned to support fully compliant FPV drones via direct offerings and collaboration with trusted partners. A drone taking off from a commercial warehouse, representing the company's custom manufacturing capabilities. 'This milestone reflects our continued focus on building secure, trusted components for FPV drones that align with NDAA requirements. As defense procurement continues to shift toward secure, cost-effective solutions, we are positioned to meet the growing demand at scale and with trusted supply chain integrity. With this latest addition to the Blue Framework, we are proud that we can now offer complete NDAA-compliant configurations,' said Allan Evans, CEO of Unusual Machines. The Fat Shark Aura VTX is a key tool purpose-built for FPV drone flight. It is optimized for low-latency analog video transmission. With the approval, it comes as a key addition to the Blue UAS Framework. This development also strengthens the company's broader goal of diversifying in the drone supply chain. Unusual Machines, Inc. (NYSE:UMAC) is engaged in manufacturing and selling drone components and drones. The company distributes its products via B2B sales, e-commerce, and retail channels. While we acknowledge the potential of UMAC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. A drone taking off from a commercial warehouse, representing the company's custom manufacturing capabilities. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Miami Herald
07-08-2025
- Business
- Miami Herald
Unusual Machines to Announce Second Quarter 2025 Financial Results and Provide Corporate Update
ORLANDO, FLORIDA / ACCESS Newswire / August 7, 2025 / Unusual Machines (NYSE AMERICAN:UMAC), a leading provider of NDAA-compliant drone components, today announces that it will host a live webcast on Thursday, August 14th at 4:30 p.m. to discuss the Company's financial results and provide a corporate update for the second quarter ended June 30, 2025. A question-and-answer session will follow management's remarks. Event: Unusual Machines Second Quarter Ended June 30, 2025 Financial Results and Corporate Update Date: Thursday, August 14, 2025 Time: 4:30 p.m. Eastern Time Webcast: Registration Link A webcast replay will be available for three months on Unusual Machine's Investor Relations website for those who cannot join the live event. About Unusual Machines Unusual Machines manufactures and sells drone components and drones across a diversified brand portfolio, which includes Fat Shark, the leader in FPV (first-person view) ultra-low latency video goggles for drone pilots. The Company also retails small, acrobatic FPV drones and equipment directly to consumers through the curated Rotor Riot e-commerce store. With a changing regulatory environment, Unusual Machines seeks to be a dominant Tier-1 parts supplier to the fast-growing multi-billion-dollar U.S. drone industry. According to the global drone accessories market is currently valued at $17.5 billion and is set to top $115 billion by 2032. For more information, please visit Investor Contact CS Investor Relationsinvestors@ SOURCE: Unusual Machines, Inc.
Miami Herald
14-07-2025
- Business
- Miami Herald
Unusual Machines Announces Pricing of $48.5 Million Registered Direct Offering of Common Stock
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 registered direct offering (the "Offering") at a public offering price of $9.70 per share. Dominari Securities LLC is acting as the exclusive placement agent for the Offering. The closing of the Offering is expected to occur on or about July 15, 2025, subject to the satisfaction of customary closing Company expects to receive aggregate gross proceeds of $48.5 million from the Offering, before deducting placement agent fees and other related expenses. The Company intends to use the net proceeds from the Offering to support U.S.-based manufacturing expansion, working capital needs, and general corporate purposes. The common stock (or pre-funded warrants in lieu thereof) will be issued in a registered direct offering pursuant to an effective shelf registration statement on Form S-3 (File No. 333-286413), previously filed with the U.S. Securities and Exchange Commission (the "SEC") and declared effective on April 21, 2025. A prospectus supplement describing the terms of the proposed registered direct offering will be filed with the SEC and once filed, will be available on the SEC's website located at or by contacting Dominari Securities LLC, Attention: Syndicate Department, 725 5th Ave 23 Floor, New York, NY 10022, by email at info@ or by telephone at (212) 393-4500. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Unusual Machines, Inc. Unusual Machines, Inc. manufactures and sells drone components and drones across a diversified brand portfolio, which includes Fat Shark, the leader in first-person view (FPV) () ultra-low latency video goggles for drone pilots. The Company also retails small, acrobatic FPV drones and equipment directly to consumers through the curated Rotor Riot ecommerce store. With a changing regulatory environment, Unusual Machines seeks to be a dominant Tier-1 parts supplier to the fast-growing multi-billion-dollar U.S. drone industry. According to the global drone accessories market is currently valued at $17.5 billion and is set to top $115 billion by 2032. For more information, please visit Information on the Company's website does not constitute a part of and is not incorporated by reference into this press release. Safe Harbor Statement This press release contains forward-looking statements which involve substantial risks and uncertainties relating to closing the Offering and use of proceeds. Forward-looking statements are often identifiable by the words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "objective," "ongoing," "plan," "predict," "project," "potential," "should," "will," or "would," or the negative of these terms, or other comparable terminology intended to identify statements about the future. These statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. Although the Company believes that it has a reasonable basis for making each forward-looking statement contained in this press release, the Company cautions that these statements are based on a combination of facts and factors currently known by the Company and its expectations of the future, about which the Company cannot be certain. Forward-looking statements are subject to considerable risks and uncertainties, as well as other factors that may cause the Company's actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. These risks and uncertainties include, without limitation, risks and uncertainties related to market conditions; the failure to meet customary closing conditions related to the Offering; and other risks and uncertainties, including those described within the section entitled "Risk Factors" in the Company's 2024 Annual Report on Form 10-K, changes in its business which affect the planned use of proceeds and the Risk Factors contained in the Prospectus Supplement. There can be no assurance that the Company will be able to complete the Offering on the anticipated terms, or at all. The Company undertakes no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances, except as required by law. Investor Contact: CS Investor Relationsinvestors@ Media Contact: media@ SOURCE: Unusual Machines, Inc.
USA Today
14-07-2025
- Business
- USA Today
Unusual Machines Announces Pricing of $48.5 Million Registered Direct Offering of Common Stock
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 registered direct offering (the 'Offering') at a public offering price of $9.70 per share. Dominari Securities LLC is acting as the exclusive placement agent for the Offering. The closing of the Offering is expected to occur on or about July 15, 2025, subject to the satisfaction of customary closing Company expects to receive aggregate gross proceeds of $48.5 million from the Offering, before deducting placement agent fees and other related expenses. The Company intends to use the net proceeds from the Offering to support U.S.-based manufacturing expansion, working capital needs, and general corporate purposes. The common stock (or pre-funded warrants in lieu thereof) will be issued in a registered direct offering pursuant to an effective shelf registration statement on Form S-3 (File No. 333-286413), previously filed with the U.S. Securities and Exchange Commission (the 'SEC') and declared effective on April 21, 2025. A prospectus supplement describing the terms of the proposed registered direct offering will be filed with the SEC and once filed, will be available on the SEC's website located at or by contacting Dominari Securities LLC, Attention: Syndicate Department, 725 5th Ave 23 Floor, New York, NY 10022, by email at info@ or by telephone at (212) 393-4500. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Unusual Machines, Inc. Unusual Machines, Inc. manufactures and sells drone components and drones across a diversified brand portfolio, which includes Fat Shark, the leader in first-person view (FPV) () ultra-low latency video goggles for drone pilots. The Company also retails small, acrobatic FPV drones and equipment directly to consumers through the curated Rotor Riot ecommerce store. With a changing regulatory environment, Unusual Machines seeks to be a dominant Tier-1 parts supplier to the fast-growing multi-billion-dollar U.S. drone industry. According to the global drone accessories market is currently valued at $17.5 billion and is set to top $115 billion by 2032. For more information, please visit Information on the Company's website does not constitute a part of and is not incorporated by reference into this press release. Safe Harbor Statement This press release contains forward-looking statements which involve substantial risks and uncertainties relating to closing the Offering and use of proceeds. Forward-looking statements are often identifiable by the words 'anticipate,' 'believe,' 'continue,' 'could,' 'estimate,' 'expect,' 'intend,' 'may,' 'might,' 'objective,' 'ongoing,' 'plan,' 'predict,' 'project,' 'potential,' 'should,' 'will,' or 'would,' or the negative of these terms, or other comparable terminology intended to identify statements about the future. These statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. Although the Company believes that it has a reasonable basis for making each forward-looking statement contained in this press release, the Company cautions that these statements are based on a combination of facts and factors currently known by the Company and its expectations of the future, about which the Company cannot be certain. Forward-looking statements are subject to considerable risks and uncertainties, as well as other factors that may cause the Company's actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. These risks and uncertainties include, without limitation, risks and uncertainties related to market conditions; the failure to meet customary closing conditions related to the Offering; and other risks and uncertainties, including those described within the section entitled 'Risk Factors' in the Company's 2024 Annual Report on Form 10-K, changes in its business which affect the planned use of proceeds and the Risk Factors contained in the Prospectus Supplement. There can be no assurance that the Company will be able to complete the Offering on the anticipated terms, or at all. The Company undertakes no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances, except as required by law. Investor Contact: CS Investor Relations investors@ Media Contact: media@ SOURCE: Unusual Machines, Inc. View the original press release on ACCESS Newswire
Miami Herald
10-07-2025
- Business
- Miami Herald
Unusual Machines Expands Leadership Team with Appointment of Tim Manton as Corporate Controller
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 brings more than 15 years of experience in financial operations, M&A, and reporting across high-growth and acquisition-driven companies. "Tim brings strong financial acumen and experience critical to dynamic, scaling environments," said Hoff. "His background in M&A, systems integration, and financial oversight makes him a valuable addition as we sharpen our focus on execution and operational efficiency." Manton most recently served as Director of Finance and Accounting at Sony Electronics (formerly KinaTrax), where he helped lead the company through a strategic acquisition. His prior roles at Blue Force Technologies and Ultra Electronics included ERP transitions, public company reporting, and post-merger financial integration. The appointment comes as Unusual Machines scales its domestic operations, including a 17,000-square-foot motor production facility in Orlando, Florida. The company is actively building out its financial and operational infrastructure to support U.S.-made components, including high-performance drone motors designed to meet growing regulatory and customer demand. "Strong financial systems are the foundation of any growing business," Hoff added. "Tim's leadership will be instrumental as we invest in the people, processes, and platforms that support disciplined growth and a competitive U.S. manufacturing strategy." Please visit: the company's latest job opportunities. About Unusual Machines Unusual Machines manufactures and sells drone components and drones across a diversified brand portfolio, which includes Fat Shark, the leader in FPV (first-person view) ultra-low latency video goggles for drone pilots. The company also retails small, acrobatic FPV drones and equipment directly to consumers through the curated Rotor Riot ecommerce store. With a changing regulatory environment, Unusual Machines seeks to be a dominant Tier-1 parts supplier to the fast-growing multi-billion-dollar U.S. drone industry. According to the global drone accessories market is currently valued at $17.5 billion and is set to top $115 billion by 2032. For more information, visit Investor Contact: CS Investor Relationsinvestors@ Media Contactmedia@ SOURCE: Unusual Machines
