Unusual Machines, Inc. Common Stock (UMAC)

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ORLANDO, FL / ACCESS Newswire / February 26, 2025 / Unusual Machines (NYSEUMAC), a leading provider of NDAA-compliant drone components, has secured Red Cat Holdings NASDAQ: RCATNASDAQRCAT)

ORLANDO, FLORIDA / ACCESS Newswire / February 19, 2025 / Unusual Machines (NYSEUMAC) announced today that its Fat Shark Aura FPV Camera has been added to the U.S. Defense Department's Defense Innovation Unit's (DIU) Blue UAS Framework. It is the only camera on the Blue UAS list purpose-built for first person view ("FPV") applications, providing a high-performance, NDAA-compliant option for defense and government users.Fat Shark Aura FPV Camera

ORLANDO, FL / ACCESSWIRE / December 23, 2024 / Unusual Machines, Inc. (NYSE American:UMAC)

CEO Allan Evans shares Q3 2024 highlights and provides insight into the Company's future plans

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. (NASDAQZENA), Safe Pro Group Inc. NASDAQ: SPAINASDAQSPAI)(NASDAQ: PRZONASDAQPRZO, New Horizon Aircraft (NASDAQ: HOVRNASDAQ), Unusual Machines (NYSE: UMACUMAC).

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ORLANDO, FL / ACCESS Newswire / February 3, 2025 / Unusual Machines (NYSEUMAC) has announced the signing of a binding agreement to acquire of Aloft Technologies, Inc. (https://www.aloft.ai/), the leading FAA-approved provider of unmanned aerial system (UAS) services to enterprise, public safety, and government customers. The acquisition is almost all in stock, valued at $14.5M.

ORLANDO, FLORIDA / ACCESS Newswire / January 28, 2025 / Unusual Machines, a leading innovator in drone technology with a current focus on U.S. based manufacturing and marketing of drone parts, today announces the launch of the Fat Shark Aura FPV Camera. This high-performance, NDAA-compliant analog camera is designed to meet the demands of FPV drone applications and is available for purchase now.Fat Shark Aura FPV Camera

PALM BEACH, Fla., Feb. 20, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - A report from Verified Market Research said that the AI In Drone Market size is projected to reach USD 206.9 Billion by 2031, growing at a CAGR of 32.4% during the forecast period to 2031. The report said: “Developments in Technology: One of the main factors propelling the artificial intelligence (AI) market for drones is the quick development of AI technologies. Drone capabilities are improved by innovations like computer vision, machine learning, and real-time data processing, which enable advanced decision-making and autonomous navigation. These developments make it possible for drones to more effectively carry out difficult jobs like infrastructure inspection, precision farming, and search and rescue missions. Furthermore, a variety of businesses can incorporate drones into their operations as AI software becomes more widely available and reasonably priced, expanding the market. Demand in the industry is driven by the ongoing improvement of AI algorithms, which guarantee that drones can do ever-more-difficult tasks. Industry Acceptance: One of the main factors driving the market is the growing use of drones in a variety of sectors, such as construction, logistics, surveillance, and agriculture. Businesses are increasingly incorporating AI-enabled drones into their operations as they realize the efficiency, cost savings, and safety enhancements these technologies provide. AI drones improve crop monitoring and resource management in agriculture and expedite delivery procedures in logistics. Demand is further fueled by this cross-industry applicability, as businesses look to automation and improved data insights to gain a competitive edge. Drones’ increasing acceptance as vital instruments in contemporary operations propels market expansion and encourages innovation in the AI space. Active Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), Rigetti Computing, Inc. NASDAQ: RGTINASDAQRGTI)(NASDAQ: AVAVNASDAQAVAV, Unusual Machines (NYSE: UMACNYSE), Safe Pro Group Inc. (NASDAQ: SPAISPAI).

ORLANDO, FL / ACCESS Newswire / January 17, 2025 / Unusual Machines, Inc. (NYSE American:UMAC), a leading innovator in drone technology with a current focus on U.S. based manufacturing and marketing of drone parts is pleased to announce the release of the Rotor Riot Brave 55A ESC and its addition to the Blue UAS Framework. This product addresses the critical need for non-Chinese, NDAA-compliant components in the U.S. drone industry. Unusual machines now has two drone components placed on the Blue UAS Framework.Rotor Riot Brave 55A ESC

PALM BEACH, Fla., Feb. 13, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The surge in global defense budgets has had a significant impact on the Global Military Drone 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. A recent report from an industry expert said that: “The growing demand for real-time intelligence in dynamic, complex military environments has significantly increased the need for sophisticated drones equipped with advanced surveillance and reconnaissance capabilities. Military drones are now integrated with cutting-edge technologies such as high-resolution cameras, infrared sensors, and other advanced systems that enhance situational awareness for both tactical operations and comprehensive intelligence gathering. For instance, the Northrop Grumman RQ-4 Global Hawk is capable of surveying over 40,000 square miles in a single day, providing extensive monitoring of large areas. This level of surveillance is invaluable for sustained military operations in regions like Ukraine and other conflict zones, where real-time intelligence is crucial for strategic decision-making and operational effectiveness.”   Active Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), AeroVironment NASDAQ: AVAVNASDAQAVAV)(NASDAQ: KTOSNASDAQKTOS, L3Harris Technologies (NYSE: LHXNYSE), Unusual Machines (NYSE: UMACUMAC).

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ORLANDO, FL / ACCESSWIRE / January 14, 2025 / Unusual Machines, a leading innovator in drone technology with a current focus on U.S. based manufacturing and marketing of drone parts, is excited to announce the appointment of Brad Mello as Vice President of Manufacturing. With an extensive background in automotive manufacturing, industrial automation, and consumer products, Brad is uniquely positioned to lead the development of Unusual Machines' drone components business, driving innovation and operational excellence.

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PALM BEACH, Fla., Jan. 24, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - 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. A study from MarketsAndMarkets said the Global Drone Services Market Size, which was valued at USD 17.0 billion in 2023, is estimated to reach USD 57.8 billion by 2028, growing at a CAGR of 27.7% during the forecast period. The report said: “In terms of market segmentation, drone services are categorized by the type of service provided, including platform services (further divided into flight piloting and operation, data analysis, and data processing), maintenance, repair, and operations (MRO), and simulation and training. The application-based segmentation encompasses inspection and monitoring, mapping and surveying, spraying and seeding, filming and photography, transport and delivery, as well as security, search, and rescue. The industry-based segmentation covers a wide spectrum of sectors, including construction and infrastructure, agriculture, utility, oil & gas, mining, defense and law enforcement, media and entertainment scientific research, insurance, aviation, marine, healthcare and social assistance, and transportation, logistics, and warehousing. These industries rely heavily on drones for functions like inspection, monitoring, and photography, further driving the drone market size.” Active Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), Safe Pro Group Inc. NASDAQ: SPAINASDAQSPAI)(NASDAQ: EHNASDAQEH, Unusual Machines, Inc. (NYSE: UMACNYSE), Ondas Holdings Inc. (NASDAQ: ONDSONDS).

ORLANDO, FL / ACCESSWIRE / November 27, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a U.S. based drone and drone components manufacturer, today announced that Donald Trump Jr., a globally recognized business leader, best-selling author, and investor in the Company, has joined the Company's advisory board.

PALM BEACH, Fla., Jan. 16, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - According to a report from industry insider DroneXl, the land survey equipment market is on track to reach $12.56 billion by 2028, driven by increasing urbanization and the adoption of Drone Technology across various industries. Traditional land surveying methods are giving way to more efficient drone-based solutions that can complete surveys in hours rather than weeks or months according to industry analysis. The transformation is particularly evident in developing nations where smart city initiatives are creating unprecedented demand for precise surveying capabilities. Governments in India, Peru, and China are leading this charge, requiring thorough site surveys before launching ambitious urban development projects. It continued saying: “Drones have emerged as the preferred tool for land surveying, offering superior efficiency and flexibility compared to traditional methods. Modern survey drones combine aerial photography, mapping capabilities, and GNSS technology to capture comprehensive topographic data with unprecedented speed and accuracy. The technology’s appeal lies in its ability to integrate multiple data collection methods: High-resolution aerial photography; LiDAR scanning for precise measurements; GPS positioning for accurate geolocation; and Video capture for detailed site documentation.” Active Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), The Boeing Company NYSE: BANYSEBA)(NASDAQ: SPAINASDAQSPAI, EHang Holdings Limited (NASDAQ: EHNASDAQ), Unusual Machines, Inc. (NYSE: UMACUMAC).

ORLANDO, FL / ACCESSWIRE / November 8, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) (the "Company"), a leader in the American drone industry, will host a webcast on Thursday, November 14, at 4:30 p.m. ET to discuss the Company's operational and financial highlights for the third quarter ended September 30, 2024. A question-and-answer session will follow management's prepared remarks.

ORLANDO, FL / ACCESSWIRE / October 30, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, today announced the closing of a private placement with certain institutional investors. The aggregate gross cash proceeds were approximately $1,955,000, before deducting fees to the placement agent and other offering expenses payable by the Company. The Company intends to use the net proceeds from the private placement for general corporate purposes and working capital.

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ORLANDO, FL / ACCESSWIRE / October 29, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, today announced the pricing of a private placement with certain institutional investors. The aggregate gross cash proceeds were approximately $1.96 million, before deducting fees to the placement agent and other offering expenses payable by the Company. The Company intends to use the net proceeds from the private placement for general corporate purposes and working capital.

ORLANDO, FL / ACCESSWIRE / October 15, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, today announced upcoming participation and presentations at the following October investor conferences: