Unusual Machines (UMAC) Stock

Profile

Country:

United States

IPO:

14 February 2024

Indexes:

Not included

Description:

UMAC (Unusual Machines) is a creative company that designs and builds unique, innovative machines. They focus on combining art and technology to create fun, interactive experiences. UMAC aims to inspire curiosity and imagination through their unusual creations, making them perfect for events, exhibitions, and educational purposes.

Events Calendar

Earnings

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N/A

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Analyst ratings

Recent major analysts updates

17 June '24 ThinkEquity
Buy

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Institutional Ownership

Unusual Machines Announces Closing of $1.95 Million Private Placement
Unusual Machines Announces Closing of $1.95 Million Private Placement
Unusual Machines Announces Closing of $1.95 Million Private Placement
UMAC
accesswire.com30 October 2024

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.

Unusual Machines Announces 6,700 Rotor Riot Brave F7 Flight Controllers Ordered In One Week Following Blue UAS Framework Approval
Unusual Machines Announces 6,700 Rotor Riot Brave F7 Flight Controllers Ordered In One Week Following Blue UAS Framework Approval
Unusual Machines Announces 6,700 Rotor Riot Brave F7 Flight Controllers Ordered In One Week Following Blue UAS Framework Approval
UMAC
accesswire.com23 August 2024

ORLANDO, FL / ACCESSWIRE / August 23, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a supplier to the American drone industry, reports over 6,700 Rotor Riot Brave F7 Flight Controllers have been ordered since being approved and listed on the Blue UAS Framework on August 7, 2024. The Rotor Riot Brave F7 Flight Controller is the first flight controller on the Blue UAS Framework list designed specifically for First-Person View (FPV) flight.

Unusual Machines Agrees to Exchange $1M of its Existing Debt for Series C Preferred Shares Convertible at Market Value
Unusual Machines Agrees to Exchange $1M of its Existing Debt for Series C Preferred Shares Convertible at Market Value
Unusual Machines Agrees to Exchange $1M of its Existing Debt for Series C Preferred Shares Convertible at Market Value
UMAC
accesswire.com22 August 2024

ORLANDO, FL / ACCESSWIRE / August 22, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), an American drone and drone components manufacturer, on August 21, 2024 entered into two exchange agreements (each, an "Exchange Agreement") with existing promissory note holders. These agreements will cancel an aggregate of $1.0 million of the Company's existing $4.0 million indebtedness.

Unusual Machines Issues Letter to Shareholders
Unusual Machines Issues Letter to Shareholders
Unusual Machines Issues Letter to Shareholders
UMAC
accesswire.com14 August 2024

CEO Allan Evans shares Q2 2024 achievements and provides insight into the Company's strategic expansion ORLANDO, FL / ACCESSWIRE / August 14, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, today announced it filed its 10-Q with the U.S. Securities and Exchange Commission for the second quarter of 2024 and provided the following letter to its shareholders from CEO Allan Evans. Dear Shareholders, This shareholder letter followings the completion of our second quarter of 2024.

Unusual Machines to Host Q2 Earnings Call and Provide Corporate Update on Wednesday August 14, 2024
Unusual Machines to Host Q2 Earnings Call and Provide Corporate Update on Wednesday August 14, 2024
Unusual Machines to Host Q2 Earnings Call and Provide Corporate Update on Wednesday August 14, 2024
UMAC
accesswire.com09 August 2024

ORLANDO, FL / ACCESSWIRE / August 9, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) (the "Company"), a leader in the American drone industry, will host a webcast on Wednesday, August 14, at 4:30 p.m. ET to discuss the Company's operational and financial highlights for the second quarter ended June 30, 2024.

Unusual Machines Finalizes Working Capital, Extends Loan, and Reduces Outstanding Common Shares
Unusual Machines Finalizes Working Capital, Extends Loan, and Reduces Outstanding Common Shares
Unusual Machines Finalizes Working Capital, Extends Loan, and Reduces Outstanding Common Shares
UMAC
accesswire.com22 July 2024

ORLANDO, FL / ACCESSWIRE / July 22, 2024 / Unusual Machines, Inc. (NYSE:UMAC), a leader in the American drone industry, announces finalization of several transactions with Red Cat Holdings ("Red Cat") including one relating to the closing conditions related to the acquisitions of Rotor Riot and Fat Shark. The Share Purchase Agreement under which we acquired Rotor Riot and Fat Shark from Red Cat contained a provision for a subsequent determination of the working capital of Rotor Riot and Fat Shark.

Unusual Machines Launches NDAA Compliant, Made in the USA Flight Controller for FPV Drones
Unusual Machines Launches NDAA Compliant, Made in the USA Flight Controller for FPV Drones
Unusual Machines Launches NDAA Compliant, Made in the USA Flight Controller for FPV Drones
UMAC
accesswire.com16 July 2024

ORLANDO, FL / ACCESSWIRE / July 16, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, today announced the launch of the Rotor Riot Brave F7 Flight Controller . This product is manufactured in the USA and is fully compliant with the National Defense Authorization Act (NDAA).

Unusual Machines Inc. to Present at the Emerging Growth Virtual Conference on June 12, 2024
Unusual Machines Inc. to Present at the Emerging Growth Virtual Conference on June 12, 2024
Unusual Machines Inc. to Present at the Emerging Growth Virtual Conference on June 12, 2024
UMAC
accesswire.com05 June 2024

Unusual Machines invites individual and institutional investors as well as advisors and analysts, to attend its real-time, interactive presentation ORLANDO, FL / ACCESSWIRE / June 5, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, is pleased to announce that it has been invited to present at the Emerging Growth Virtual Conference on June 12, 2024 at 12 noon ET. This live, interactive online event will give existing shareholders and the investment community the opportunity to interact with Unusual Machine's CEO, Allan Evans in real time.

Unusual Machines to Participate on the Drone Panel at the "Charting the Course: Navigating the Intersection of TMT and Business in the AI Era" Conference Presented by Maxim Group LLC on Tuesday, June 4, 2024 at 10:00 A.M. E.T.
Unusual Machines to Participate on the Drone Panel at the "Charting the Course: Navigating the Intersection of TMT and Business in the AI Era" Conference Presented by Maxim Group LLC on Tuesday, June 4, 2024 at 10:00 A.M. E.T.
Unusual Machines to Participate on the Drone Panel at the "Charting the Course: Navigating the Intersection of TMT and Business in the AI Era" Conference Presented by Maxim Group LLC on Tuesday, June 4, 2024 at 10:00 A.M. E.T.
UMAC
accesswire.com03 June 2024

ORLANDO, FL / ACCESSWIRE / June 3, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, is pleased to announce that its CEO, Allan Evans, will participate on the drone panel at the "Charting the Course: Navigating the Intersection of TMT and Business in the AI Era" Conference, presented by Maxim Group LLC, on Tuesday, June 4, 2024, at 10:00 a.m. E.T. The conference addresses the continuous evolution of technology, paving the way for innovation across all industries including drones, consumer IoT, and business solutions, gaming and entertainment, and more.

Unusual Machines Announces Insider Share Purchases
Unusual Machines Announces Insider Share Purchases
Unusual Machines Announces Insider Share Purchases
UMAC
accesswire.com31 May 2024

ORLANDO, FL / ACCESSWIRE / May 31, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, today announced that key executives and directors have purchased additional shares of the company's stock. Between May 20 and May 30, 2024, CEO Allan Evans, COO Drew Camden, board member Sanford Rich, and board member Cristina Colon collectively acquired more than 40,000 shares through open market purchases.

FAQ

  • What is the primary business of Unusual Machines?
  • What is the ticker symbol for Unusual Machines?
  • Does Unusual Machines pay dividends?
  • What sector is Unusual Machines in?
  • What industry is Unusual Machines in?
  • What country is Unusual Machines based in?
  • When did Unusual Machines go public?
  • Is Unusual Machines in the S&P 500?
  • Is Unusual Machines in the NASDAQ 100?
  • Is Unusual Machines in the Dow Jones?
  • When does Unusual Machines report earnings?
  • Should I buy Unusual Machines stock now?

What is the primary business of Unusual Machines?

UMAC (Unusual Machines) is a creative company that designs and builds unique, innovative machines. They focus on combining art and technology to create fun, interactive experiences. UMAC aims to inspire curiosity and imagination through their unusual creations, making them perfect for events, exhibitions, and educational purposes.

What is the ticker symbol for Unusual Machines?

The ticker symbol for Unusual Machines is NYSE American:UMAC

Does Unusual Machines pay dividends?

No, Unusual Machines does not pay dividends

What sector is Unusual Machines in?

Unusual Machines is in the Financial Services sector

What industry is Unusual Machines in?

Unusual Machines is in the Shell Companies industry

What country is Unusual Machines based in?

Unusual Machines is headquartered in United States

When did Unusual Machines go public?

Unusual Machines's initial public offering (IPO) was on 14 February 2024

Is Unusual Machines in the S&P 500?

No, Unusual Machines is not included in the S&P 500 index

Is Unusual Machines in the NASDAQ 100?

No, Unusual Machines is not included in the NASDAQ 100 index

Is Unusual Machines in the Dow Jones?

No, Unusual Machines is not included in the Dow Jones index

When does Unusual Machines report earnings?

The date for Unusual Machines's next earnings report has not been announced yet

Should I buy Unusual Machines stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions