Stock Information

Unusual Machines, Inc.

Taking the drone industry to new heights

Unusual Machines is focused on bringing together great teams, valuable IP, and high-quality brands, in order to become a leading supplier to the American drone industry. There are currently very few American companies that are focused on diversifying the supply chain for drone components and we believe that legislative and politically driven changes creating a substantial market void that we can satisfy.

Our First Acquisition

On February 16, 2024, Unusual Machines closed on a Share Purchase Agreement dated November 21, 2022, as amended (the “Purchase Agreement”) with Red Cat Holdings, Inc. (“Red Cat”) and Jeffrey Thompson, the founder and Chief Executive Officer of Red Cat, pursuant to which we purchased Red Cat’s consumer business consisting of Fat Shark Holdings, Ltd (“Fat Shark”) and Rotor Riot, LLC (“Rotor Riot”). Fat Shark and Rotor Riot are in the business of designing and marketing consumer drones and first-person-view (“FPV”) goggles. Rotor Riot is also a licensed authorized reseller of consumer drones manufactured by third-parties. Concurrently with the acquisition described above, Unusual Machines closed its initial public offering in which it raised $5 million in gross proceeds and began trading on the NYSE American under the ticker symbol “UMAC.”

Learn about Unusual Machines