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Unusual Machines, Inc. Common Stock (UMAC)

5.5100
+0.0300 (0.55%)
NYSE · Last Trade: May 18th, 7:26 PM EDT
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Drone as a Service Market Well Poised for Sustained Growth in Commercial, Industrial and Civic Usage
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Via FinancialNewsMedia · May 15, 2025
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.
Via ACCESS Newswire · May 14, 2025
Dominari Securities Leads $40 Million Public Offering Providing Continued Capital Markets Support to Established Client, Unusual Machines
NEW YORK, NY / ACCESS Newswire / May 9, 2025 / Dominari Securities LLC, a wholly owned subsidiary of Dominari Holdings Inc. (Nasdaq:DOMH), today announced it served as the exclusive placement agent successfully leading the placement of a $40 million public offering for Unusual Machines, Inc. (NYSE American:UMAC), an existing client.
Via ACCESS Newswire · May 9, 2025
Drone as a Service Market Well Poised for Sustained Growth in Commercial, Industrial and Civic Usage
PALM BEACH, Fla., May 15, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Industry experts are expecting the Drone Service market to flourish. One such report from FACT.MR projected that the drone services market is valued at USD 8.66 billion in 2025 and the industry will grow at a CAGR of 14.3% and reach USD 32.96 billion by 2035. The report said: “In 2024, the drone services industry recorded dynamic shifts fueled by regulatory clarity, commercial adoption, and end-user digitization efforts. Fact.MR analysis found that demand surged notably in the precision agriculture segment, particularly across North America and Western Europe, as growers adopted drone-based imaging and multispectral analysis to improve field-level decision-making. In the mining as well as construction sectors, companies increased use of aerial mapping, which provided real-time volumetric analysis as well as site safety compliance. At the same time, drone-enabled monitoring made substantial progress in city policing and border security, with large pilot schemes initiated in the Middle East and South Asia. Commercial media organizations, event producers, and property agents also ramped up drone-based photography as well as filming in anticipation of increasing visual content needs. These trends reinforced a larger move away from use-case limitations toward operational adoption across industries.”   Active Companies in the drone industry today include ZenaTech, Inc. (NASDAQ: ZENA), Vertical Aerospace (NYSE: EVTL), Unusual Machines, Inc. (NYSE American: UMAC), NVIDIA Corporation (NASDAQ: NVDA), Archer Aviation Inc. (NYSE: ACHR).
By FN Media Group LLC · Via GlobeNewswire · May 15, 2025
Unusual Machines Issues Letter to Shareholders
CEO Allan Evans shares Q1 2025 highlights and provides insight into the Company's future plans
Via ACCESS Newswire · May 8, 2025
Advancements In Drone Technology Opening Up New Applications as Market Size Estimated to Reach $57 Billion by 2028
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Via FinancialNewsMedia · May 8, 2025
Unusual Machines, Inc. Announces Closing in which it Sold $40 Million in a Public Offering of Common Stock
ORLANDO, FLORIDA / ACCESS Newswire / May 7, 2025 / Unusual Machines, Inc. (the "Company"), a United States based manufacturer and distributor of drone parts has successfully closed a confidentially marketed public offering for the sale of 8,000,000 shares of the Company's Common Stock at the offering price of $5.00 per share (the "Offering") resulting in gross proceeds of $40 million, before deducting placement agent fees and other offering expenses. The Offering closed on May 7, 2025.
Via ACCESS Newswire · May 7, 2025
Unusual Machines To Report Financial Results for the First Quarter of 2025 and Provide Corporate Update
ORLANDO, FL / ACCESS Newswire / May 5, 2025 / Unusual Machines (NYSE AMERICAN:UMAC), a leading provider of NDAA-compliant drone components, today announced it will host a webcast on Thursday, May 8th at 4:30 p.m. to discuss the Company's operational and financial results for the first quarter ending March 31, 2025. A question-and-answer session will follow management's remarks.
Via ACCESS Newswire · May 5, 2025
Advancements In Drone Technology Opening Up New Applications as Market Size Estimated to Reach $57 Billion by 2028
PALM BEACH, Fla., May 08, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Drone services are progressively replacing legacy services in the commercial sector, such as aerial surveys, filmography, and search and rescue operations. They offer the advantages of prolonged operation, remote control by human operators, or autonomous functioning by onboard computers. The increasing adoption of drone services across various civil and commercial applications can be attributed to their extended endurance and cost-effectiveness. Furthermore, the integration of advanced technologies like artificial intelligence, IoT (Internet of Things), and cloud computing into drone services is expected to further boost their demand across various sectors. A report from MarketsAndMarkets said that the Global Drone Services Market Size is estimated to reach USD 57.8 billion by 2028, growing at a CAGR of 27.7% during the forecast period. The report continued: “The drone market size continues to expand as the drone services industry evolves, offering a diverse range of services for both remotely controlled and autonomously flown drones. This industry integrates software-controlled flight plans into drones' embedded systems, making it a critical component in sectors like agriculture, insurance, construction, marine, aviation, oil & gas, mining, and infrastructure. The demand for these services, which includes tasks such as search and rescue, package delivery, industrial inspections, imaging, and healthcare supply distribution to remote areas, significantly contributes to the growing drone market size.”   Active Companies in the drone industry today include ZenaTech, Inc. (NASDAQ: ZENA), Teledyne Technologies Incorporated (NYSE: TDY), ParaZero Technologies Ltd. (NASDAQ: PRZO), Safe Pro Group Inc. (NASDAQ: SPAI), Unusual Machines, Inc. (NYSE American: UMAC).
By FN Media Group LLC · Via GlobeNewswire · May 8, 2025
Unusual Machines, Inc. Announces Pricing of $40.0 Million Confidentially Marketed Public Offering of Common Stock
ORLANDO, FLORIDA / ACCESS Newswire / May 5, 2025 / Unusual Machines, Inc. ("Unusual Machines" or the "Company") (NYSE American:UMAC), a United States based manufacturer and distributor of drone parts announced today the pricing of its confidentially market public offering (the "Offering") of 8,000,000 shares of common stock at a public offering price of $5.00 per share.
Via ACCESS Newswire · May 5, 2025
Unusual Machines, Inc. Announces Proposed Public Offering
ORLANDO, FLORIDA / ACCESS Newswire / May 2, 2025 / Unusual Machines, Inc. ("Unusual Machines" or the "Company"), a United States based manufacturer and distributor of drone parts today announced that it has commenced a public offering of Common Stock. The Company intends to use the net proceeds from this proposed offering (the "Offering") to expand its U.S. drone parts manufacturing business and for working capital and general corporate purposes. The Offering is subject to market conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering.
Via ACCESS Newswire · May 2, 2025
Global Agriculture Drones Market Projected to Reach $8.03 Billion By 2029 with Significant Growth Still Expected
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Via FinancialNewsMedia · April 24, 2025
Surge In Global Defense Budgets Having Significant Impact On The Global Military (UAS) Drone Market
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Via FinancialNewsMedia · April 10, 2025
Global Agriculture Drones Market Projected to Reach $8.03 Billion By 2029 with Significant Growth Still Expected
PALM BEACH, Fla., April 24, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Many experts see the global agriculture drones market to continue its substantial growth through this decade and maybe beyond. One such industry watcher, MarketsANDMarkets reported that: “The global agriculture drones market was projected to grow to $2.01 Billion in 2024 and reach $8.03 Billion by 2029. High adoption of aerial data collection tools in agriculture holds immense opportunity for the agriculture drones market. As farmers want to boost yields and their uses in resource optimization, precision agricultural tools are in increased demand; drones offer sensors and timely data for crop health and soil conditions. Efficiencies and accuracies increase the appealability of aerial data collection, and more farmers are adopting drone technology. Drones combined with emerging technologies in the form of machine learning and AI make them robust for position and to improve broadband agricultural data systems. Moreover, many industries use drones, and the adoption rate of tools required to collect aerial data is high in the construction, agriculture, and mining industries. Moreover, as farmers emphasize yield optimization and resource utilization more, the use of precision agriculture tools and drones increases. Drones have advanced sensors and real-time data for monitoring crop health and soil conditions. Their efficiency and accuracy appeal to more farmers who have become open to drone technology.”   Active Companies in the drone industry today include ZenaTech, Inc. (NASDAQ: ZENA), Draganfly Inc. (NASDAQ: DPRO), Unusual Machines, Inc. (NYSE American: UMAC), Sidus Space (NASDAQ: SIDU), AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI).
By FN Media Group LLC · Via GlobeNewswire · April 24, 2025
Unusual Machines Issues Letter to Shareholders
CEO Allan Evans shares Q4 2024 highlights and provides insight into the Company's future plans
Via ACCESS Newswire · March 27, 2025
Surge In Global Defense Budgets Having Significant Impact On The Global Military (UAS) Drone Market
PALM BEACH, Fla., April 10, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The global unmanned aerial system (UAS) military drones market has been rising steadily over the past years and it is projected to continue substantially into the next decade at least. A recent report from one such industry insider said that the surge in global defense budgets has had a significant impact on the global market. As political tensions rise worldwide, nations are investing in cutting-edge unmanned aerial systems (UAS) to bolster their defense and security capabilities. Increased defense expenditure has allowed countries like the United States, China, and other NATO members to allocate substantial funds to advanced drone programs, enhancing surveillance, supporting combat missions, and improving autonomous drone features.  Geopolitical tensions, especially in regions like Asia-Pacific, the Middle East, and Eastern Europe, are driving a significant demand for military drones. As nations seek to strengthen their surveillance, intelligence, and tactical capabilities, military drones have become integral to modern defense strategies.  Active companies in the markets this week include: Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO), Unusual Machines, Inc. (NYSE American: UMAC), General Dynamics (NYSE: GD), Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), and Lockheed Martin (NYSE: LMT).
By FN Media Group LLC · Via GlobeNewswire · April 10, 2025
UMAC Q4 Unusual Machines to Announce Fourth Quarter and Full Year 2024 Financial Results and Provide Corporate Update
ORLANDO, FLORIDA / ACCESS Newswire / March 19, 2025 / Unusual Machines (NYSE American:UMAC), a leading provider of NDAA-compliant drone components, today announces that it will host a webcast on Thursday, March 27th at 4:30 p.m. to discuss the Company's operational and financial results for the fourth quarter and full year ended December 31, 2024. A question-and-answer session will follow management's remarks.
Via ACCESS Newswire · March 19, 2025
Drone Surveying Industry Witnessing Continuous Technological Advancements Generating Rising Revenue Opportunity
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Via FinancialNewsMedia · April 3, 2025
Unusual Machines to Participate in the 37th Annual ROTH Conference
ORLANDO, FLORIDA / ACCESS Newswire / March 6, 2025 / Unusual Machines (NYSE AMERICAN:UMAC), a leading provider of NDAA-compliant drone components, today announced its participation in the 37th Annual Roth Conference to be held Sunday, March 16th to Tuesday, March 18th at the Laguna Cliffs Marriott Resort & Spa in Dana Point, California.
Via ACCESS Newswire · March 6, 2025
Development of Global Drone Operational Integration Expected to Spur Investment for U.S. Drone Manufacturing
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Via FinancialNewsMedia · March 6, 2025
Global Drone Services Market Size Predicted to Surpass Around $555 Billion By 2034
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Via FinancialNewsMedia · March 20, 2025
Red Cat Becomes First U.S.-Based Drone Manufacturer to Source Motors From Unusual Machines
ORLANDO, FL / ACCESS Newswire / February 26, 2025 / Unusual Machines (NYSE:UMAC), a leading provider of NDAA-compliant drone components, has secured Red Cat Holdings (NASDAQ: RCAT) as a customer for motors. This marks the company's first partnership to develop motors built to a U.S. drone producer's specific requirements. Red Cat will use three motor variants from Unusual Machines for one of its platforms designed for government and commercial applications.
Via ACCESS Newswire · February 26, 2025
Global Drone Services Market Size Predicted to Surpass Around $555 Billion By 2034
PALM BEACH, Fla., March 20, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The drone services worldwide market has been growing substantially in recent years and is projected to continue into the several years to come. According to a report from Precedence Research, the global drone services market size accounted for USD 24.56 billion in 2024, grew to USD 33.55 billion in 2025 and is predicted to surpass around USD 555.58 billion by 2034, representing a healthy CAGR of 36.60% between 2024 and 2034. The North America drone services market size is calculated at USD 8.84 billion in 2024 and is expected to grow at a fastest CAGR of 36.78% during the forecast year. The report said: “North America held the highest share of the global drone services market in terms of value. This is due to major service providers' presence and early adoption of high-end drone technologies. Furthermore, the region's market is driven by increased demand for aerial photography in the real estate and construction sectors. The US is a significant market for drone services in North America, accounting for a large share of the region's market.   Asia-Pacific is expected to grow at the fastest CAGR during the forecast period. Large drone service providers exist in APAC countries such as China and Japan. Limited regulation on commercial drone use and price drop drive market demand. Furthermore, the rise is attributed to increased government and OEM investments in drone services propelling the market. The rising demand for industry-specific solutions and the increasing demand for time-efficient delivery are driving the growth of the drone service market… Along with this, the growing initiative from governments and regulatory bodies to develop drones propels the market forward.”   Active Companies in the drone industry today include ZenaTech, Inc. (NASDAQ: ZENA), EHang Holdings Limited (NASDAQ: EH), AgEagle Aerial Systems Inc. (NYSE: UAVS), Unusual Machines (NYSE: UMAC), ParaZero Technologies Ltd. (NASDAQ: PRZO).
By FN Media Group LLC · Via GlobeNewswire · March 20, 2025
Drone Technology Advancement for Performing Growing Number of Tasks and Usage Leading to Revenue Growth
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Via FinancialNewsMedia · February 27, 2025
Drone Technology Advancement for Performing Growing Number of Tasks and Usage Leading to Revenue Growth
PALM BEACH, Fla., Feb. 27, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - According to a recent article issued by Fact.MR, the global drone surveying market is expected to grow at a CAGR of 19.3% during the forecast period of 2023 to 2033. The report said: “The drone surveying market is witnessing increased demand for its services across different industries. The survey done by drones has multiple benefits in comparison to the traditional way of surveys such as lower cost, reduced time, and improved end results. The drone covers a larger area within less amount of time and money for a survey if compared with the traditional or conventional way of surveys. Since the data is captured and generated with actual imagery, it also brings better transparency in the end result. All these benefits have resulted in increased demand from governments and real estate development companies for drone surveying services. The drone surveying service providers are entering into partnerships with companies and the government to carry out surveys on their behalf for the planning and development of urban areas and townships. The image and data collected from the drone surveys are more accurate and can be converted into meaningful output as per the requirements. This helps governments and infrastructure development companies in different stages of planning in township development, urban planning, and land surveys. The continuous advancement of technology in the drone market has led to increased demand for their products and services. The services or task performed by a drone has significantly improved in the last few years which has ultimately resulted in improved demand.”   Active Companies in the Drone Industry today include ZenaTech, Inc. (NASDAQ: ZENA), Safe Pro Group Inc. (NASDAQ: SPAI), ParaZero Technologies Ltd. (NASDAQ: PRZO), New Horizon Aircraft (NASDAQ: HOVR), Unusual Machines (NYSE: UMAC).
By FN Media Group LLC · Via GlobeNewswire · February 27, 2025