Unusual MachinesNYSE American: UMAC

Profile

Country:

United States

IPO:

14 February 2024

Next earnings report:

N/A

Last dividends:

N/A

Next dividends:

N/A
$31.46 M
-20%vs. 3y high
6%vs. sector
-vs. 3y high
-vs. sector
-94%vs. 3y high
66%vs. sector
-56.76
-1941%vs. 3y high
1%vs. sector

Price

after hours | Thu, 21 Nov 2024 00:58:26 GMT
$3.79+$0.98(+34.88%)

Dividend

No data over the past 3 years
$1.53 M-$2.14 M

Analysts recommendations

Institutional Ownership

UMAC Latest News

Unusual Machines Announces Closing of $1.95 Million Private Placement
accesswire.com30 October 2024 Sentiment: POSITIVE

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
accesswire.com23 August 2024 Sentiment: POSITIVE

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
accesswire.com22 August 2024 Sentiment: POSITIVE

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
accesswire.com14 August 2024 Sentiment: POSITIVE

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
accesswire.com09 August 2024 Sentiment: POSITIVE

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
accesswire.com22 July 2024 Sentiment: POSITIVE

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
accesswire.com16 July 2024 Sentiment: POSITIVE

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
accesswire.com05 June 2024 Sentiment: POSITIVE

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.
accesswire.com03 June 2024 Sentiment: POSITIVE

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
accesswire.com31 May 2024 Sentiment: POSITIVE

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.

What type of business is Unusual Machines?

Unusual Machines, Inc. designs, manufactures, and sells ultra-low latency video goggles for drone pilots. It operates a drone-focused e-commerce marketplace. The company serves drone pilots, hobbyists, and recreational services. The company was formerly known as AerocarveUS Corporation and changed its name to Unusual Machines, Inc. in July 2022. Unusual Machines, Inc. was incorporated in 2019 and is based in Orlando, Florida.

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 from?

Unusual Machines is headquartered in United States

When did Unusual Machines go public?

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

What is Unusual Machines website?

https://www.unusualmachines.com

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 was Unusual Machines the previous earnings report?

No data

When does Unusual Machines earnings report?

Next earnings report date is not announced yet