Latest news with #UnusualMachines
Yahoo
3 days ago
- Automotive
- Yahoo
Unusual Machines Leases a 17,000-Square-Foot Drone Motor Plant Near Orlando
A 17,000-square-foot drone motor production facility in Orlando, Florida, has been leased by Unusual Machines, Inc. (NYSE:UMAC), with production scheduled to start in September 2025. Palmer Luckey of Anduril High-performance brushless motors in sizes 2207, 2807, and 3220 will be produced at the plant for use in commercial drones and FPVs. It is anticipated that the plant would grow to accommodate more than 50,000 motors per month, increasing Unusual Machines, Inc. (NYSE:UMAC) domestic capacity. Unusual Machines, Inc. (NYSE:UMAC)' goal to onshore drone component manufacture in response to growing demand and regulatory changes is reflected in the new Orlando location. The facility facilitates quick feedback loops and end-user alignment because it is close to Rotor Riot's headquarters and technical team. Digital traceability, automated quality control, and lean processes were all discussed by Vice President of Manufacturing Brad Mello. According to CEO Allan Evans, the business is operating concurrently and has already placed orders for equipment. For magnets, bearings, and stators, a dual-sourcing strategy will lower supply chain risks. By 2032, it is expected that the $17.5 billion global drone accessories industry will have grown to $115 billion. While we acknowledge the potential of UMAC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025. Disclosure. None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Miami Herald
3 days ago
- Business
- Miami Herald
Unusual Machines Signs Lease for 17,000 sq ft Orlando Drone Motor Factory
New facility for dedicated large volume U.S. motor production ORLANDO, FLORIDA / ACCESS Newswire / June 4, 2025 / Unusual Machines, Inc. (NYSE American:UMAC), a U.S.-based manufacturer of drones and NDAA-compliant components, today announced it has signed a lease for a 17,000-square-foot drone motor production facility in Orlando, Florida. The factory will significantly expand the company's domestic manufacturing capabilities. Motor deliveries from this facility are scheduled to begin in September 2025. The facility is designed to support the production of high-performance brushless motors for First-Person View (FPV) and commercial drones. Initially, it will focus on three core motor sizes: 2207, 2807, and 3220. In-house winding capabilities will support both standard and custom KV ratings and hybrid workcells will allow for both high-volume and small-batch production. The space is located near the company's existing headquarters and is an expansion of Unusual Machines' Orlando campus. The proximity to Rotor Riot's technical team and pilot community allows for rapid product feedback and alignment with end-user needs. The production system is designed to eventual scale to monthly production volumes exceeding 50,000 motors. "Our new facility will enable us to build at scale, while also supporting customer-specific variants through flexible workcells," said Brad Mello, Vice President of Manufacturing. "We're implementing best-in-class practices from day one - lean layouts, digital traceability, and automated quality control - to ensure we can deliver reliable motors at volume with the precision and accountability required for government and commercial customers." Unusual Machines is pursuing a dual-sourcing strategy for critical components such as magnets, bearings, and stators to insulate against supply chain disruptions. The company plans to offer both Made-in-USA and globally sourced motor variants to meet different regulatory and customer needs. "This factory is a major milestone in our strategy to rapidly onshore drone component manufacturing," said Allan Evans, CEO of Unusual Machines. "To go fast, we are doing things in parallel and have already placed the equipment orders. We are solving one of the major pain points in the American drone supply chain." 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 Safe Harbor Statement This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. These statements include: our expectation that we will expand enterprise sales throughout 2025, our ability to become cash flow positive and the timing, our ability to achieve rapid growth, our expectation concerning the impact from tariffs, our ability to anticipate market conditions, and the impact that the uncertain regulatory environment may have on our ability to accurately model for and grow our consumer business. The results expected by some or all of these forward-looking statements may not occur. Factors that affect our ability to achieve these results include the impact of and duration of the tariff policies, including (i) on the availability and cost of alternate supplies of drone parts, , (ii) on the economy, and (iii) the wars in Ukraine and Israel, as well as governmental delays, future interest rates, and our ability to enhance our existing products, develop new products and create new services for our customers and future customers, and the Risk Factors contained in our Form 10-Q, filed with the SEC on May 8, 2025, Prospectus Supplement filed with the Securities and Exchange Commission (the "SEC") on March 6, 2025 and in our Form 10-K for the year ended December 31, 2024. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. Any forward-looking statement made by us herein speaks only as of the date on which it is made. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law. Investor Contact:CS Investor Relationsinvestors@ SOURCE: Unusual Machines, Inc.
Miami Herald
14-05-2025
- Business
- Miami Herald
Unusual Machines to Exhibit at AUVSI XPONENTIAL 2025 in Houston, Showcasing U.S.-Made FPV Motors and Blue UAS Framework-Approved Components
ORLANDO, FLORIDA / ACCESS Newswire / May 14, 2025 / Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a leading U.S. manufacturer of drone components, today announced it will exhibit at AUVSI XPONENTIAL 2025, the premier event for autonomy and uncrewed systems, taking place May 20-22, 2025, at the George R. Brown Convention Center in Houston, Texas. Unusual Machines will host a booth on the expo floor, where the Company will feature its new U.S.-made FPV motors and its growing portfolio of Blue UAS Framework-approved drone components. These offerings underscore Unusual Machines' commitment to delivering high-performance, NDAA-compliant drone technology for defense, commercial, and public safety applications. Attendees are invited to visit the booth for product demonstrations and to meet with representatives from Unusual Machines. The Company will be actively engaging with integrators, OEMs, and procurement professionals throughout the event and will be ready to take orders on-site. To schedule an appointment during the show, please contact us at investors@ About Unusual Machines Unusual Machines manufactures and sells drone components and drones across a diversified brand portfolio, including 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 and rising demand for U.S.-compliant drone technology, 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 Contact: CS Investor Relations917-633-8980investors@ SOURCE: Unusual Machines, Inc.
Telegraph
17-04-2025
- Business
- Telegraph
New York companies enjoy ‘unusual' share surge before Trump's sons join
Two little-known Wall Street companies experienced an 'unusual' stock price surge before an announcement naming Donald Trump's sons to the board, raising fears over potential insider trading. Shares in drone maker Unusual Machines, which listed on the Nasdaq last year, surged by more than 220pc in the four weeks leading up to the recruitment of Donald Trump Jr on Nov 27. Meanwhile, shares of fintech group Dominari Holdings, which is headquartered in New York's Trump Tower, were catapulted 580pc higher in the six weeks before bosses announced Donald Trump Jr had joined its advisory board. Eric Trump, another of the US president's sons, joined at the same time. Jeremy Summers, head of business crime at Osborne Clarke, suggested the trading patterns had 'the potential to involve insider dealing'. He said: 'The authorities will need to look closely at trading patterns, messaging platforms and the timing of relevant announcements, but if they all align one would often expect enforcement action to follow. 'A question that may, however, remain is, how much has the SEC been neutered by the present administration?' Average daily trading volumes in Unusual Machines rose to 290,000 shares per day in the month leading up to Donald Trump Jr's appointment – compared to just 93,000 shares between March and October 2024. Dominari, which has a market value of about $60m (£45m), saw a steeper increase from 11,700 between March and December 2024 to 1.2m. The increase was first reported by the Financial Times. Adam Pritchard, a University of Michigan law professor, told it that the stock movements were 'clearly unusual'. The Trump brothers were each given 966,000 shares in Dominari, regulatory filings show, which are worth 6.7pc of the company, prior to the announcement of their roles. Unusual Machines, which has a market value of about $90m, said in November that Donald Trump Jr held 200,000 shares issued under 'a restricted stock unit agreement and advisory agreement', in addition to 131,000 shares he bought. Unusual Machines told the Financial Times that knowledge of Donald Trump Jr's planned involvement was limited to three senior officers, as well as its board and counsel. It said it had 'no reason to believe that any of these people breached any duty, whether legal or fiduciary', and the company has 'no knowledge as to why any investor bought [its] stock during this period'. Unusual Machines and Dominari did not respond to requests for comment. It comes a week after Democratic Party leaders demanded an investigation into whether the US president had engaged in insider trading in the hours before he announced a reversal of his tariff policy. Mr Trump had written on Truth Social that it was a 'great time to buy' while Nasdaq call volume, where traders buy the right to purchase a share at a certain price before a certain date, spiked in the hour before the president announced his 90-day suspension of most of his tariffs. Adam Schiff, a Democratic senator in California, said: 'I'm writing to the White House to demand [to know] who knew in advance that the president was going to, once again, flip-flop on tariffs. And are people cashing in? 'There is just all too much opportunity for people in the White House and the administration to be insider trading.' Elizabeth Warren, a former candidate for the Democratic presidential nomination and a Massachusetts senator, added: 'Right before Donald Trump declared that some of his tariffs were off again, he sent out a message to his billionaire buddies. 'Was that market manipulation? Was that corruption in plain sight? We need an independent investigation.' The White House criticised the claims, claiming that Democrats were 'playing partisan games'. 'It is the responsibility of the president of the United States to reassure the markets and Americans about their economic security in the face of non-stop media fear-mongering,' a spokesman said last week. 'Democrats railed against China's cheating for decades, and now they're playing partisan games instead of celebrating President Trump's decisive action yesterday to finally corner China.'
Yahoo
17-04-2025
- Business
- Yahoo
New York companies enjoy ‘unusual' share surge before Trump's sons join
Two little-known Wall Street companies experienced an 'unusual' stock price surge before an announcement naming Donald Trump's sons to the board, raising fears over potential insider trading. Shares in drone maker Unusual Machines, which listed on the Nasdaq last year, surged by more than 220pc in the four weeks leading up to the recruitment of Donald Trump Jr on Nov 27. Meanwhile, shares of fintech group Dominari Holdings, which is headquartered in New York's Trump Tower, were catapulted 580pc higher in the six weeks before bosses announced Donald Trump Jr had joined its advisory board. Eric Trump, another of the US president's sons, joined at the same time. Jeremy Summers, head of business crime at Osborne Clarke, suggested the trading patterns had 'the potential to involve insider dealing'. He said: 'The authorities will need to look closely at trading patterns, messaging platforms and the timing of relevant announcements, but if they all align one would often expect enforcement action to follow. 'A question that may, however, remain is, how much has the SEC been neutered by the present administration?' Average daily trading volumes in Unusual Machines rose to 290,000 shares per day in the month leading up to Donald Trump Jr's appointment – compared to just 93,000 shares between March and October 2024. Dominari, which has a market value of about $60m (£45m), saw a steeper increase from 11,700 between March and December 2024 to 1.2m. The increase was first reported by the Financial Times. Adam Pritchard, a University of Michigan law professor, told it that the stock movements were 'clearly unusual'. The Trump brothers were each given 966,000 shares in Dominari, regulatory filings show, which are worth 6.7pc of the company, prior to the announcement of their roles. Unusual Machines, which has a market value of about $90m, said in November that Donald Trump Jr held 200,000 shares issued under 'a restricted stock unit agreement and advisory agreement', in addition to 131,000 shares he bought. Unusual Machines told the Financial Times that knowledge of Donald Trump Jr's planned involvement was limited to three senior officers, as well as its board and counsel. It said it had 'no reason to believe that any of these people breached any duty, whether legal or fiduciary', and the company has 'no knowledge as to why any investor bought [its] stock during this period'. Unusual Machines and Dominari did not respond to requests for comment. It comes a week after Democratic Party leaders demanded an investigation into whether the US president had engaged in insider trading in the hours before he announced a reversal of his tariff policy. Mr Trump had written on Truth Social that it was a 'great time to buy' while Nasdaq call volume, where traders buy the right to purchase a share at a certain price before a certain date, spiked in the hour before the president announced his 90-day suspension of most of his tariffs. Adam Schiff, a Democratic senator in California, said: 'I'm writing to the White House to demand [to know] who knew in advance that the president was going to, once again, flip-flop on tariffs. And are people cashing in? 'There is just all too much opportunity for people in the White House and the administration to be insider trading.' Elizabeth Warren, a former candidate for the Democratic presidential nomination and a Massachusetts senator, added: 'Right before Donald Trump declared that some of his tariffs were off again, he sent out a message to his billionaire buddies. 'Was that market manipulation? Was that corruption in plain sight? We need an independent investigation.' The White House criticised the claims, claiming that Democrats were 'playing partisan games'. 'It is the responsibility of the president of the United States to reassure the markets and Americans about their economic security in the face of non-stop media fear-mongering,' a spokesman said last week. 'Democrats railed against China's cheating for decades, and now they're playing partisan games instead of celebrating President Trump's decisive action yesterday to finally corner China.' Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers and more. Sign in to access your portfolio
