Unusual Machines Inc /US

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Unusual Machines Inc (UMAC) reports solid Q3 performance and growth outlook

UMAC's Q3 performance reflects a balanced focus on financial stability, operational efficiency, and strategic growth initiatives.
While facing challenges in operational aspects and market competition, the company's strengths in financial management and strategic foresight position it well for future opportunities.
By leveraging its strengths, addressing challenges, and seizing market opportunities, UMAC is poised for continued growth and success in the upcoming quarters.

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Unusual Machines, Inc. is a development stage technology company, which engages in the provision of drone solutions with a focus on first-person view (FPV) technology. It offers products to entertainment, recreation, and competitive racing industries. The company was founded on July 11, 2019, and is headquartered in Orlando, FL.

CEO Allan Evans shares Q3 2024 highlights and provides insight into the Company's future plans ORLANDO, FL / ACCESSWIRE / November 14, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, today announced it filed its Form 10-Q with the U.S. Securities and Exchange Commission for the third quarter of 2024 and provided the following letter to its shareholders from CEO Allan Evans. Dear Shareholders, This shareholder letter follows the completion of our third quarter of 2024.

Unusual Machines Issues Letter to Shareholders

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.

Unusual Machines to Host Q3 Earnings Call and Provide Corporate Update on Thursday, November 14, 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 Closing of $1.95 Million Private Placement

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.

Unusual Machines Announces Pricing of $1.96 Million Private Placement

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: Conference: LIVE! With Webull Corporate Connect: Technology Investment Webinar Date: Wednesday, October 16, 2024Presentation Time: 2:40 p.m.

Unusual Machines to Participate in Multiple October 2024 Investor Conferences

ORLANDO, FL / ACCESSWIRE / August 27, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, today announced that the Company will present virtually and participate in one-on-one investor meetings at the H.C. Wainwright 26th Annual Global Investment Conference, taking place at the Lotte New York Palace Hotel in New York City from September 9th-11th, 2024 in New York.

Unusual Machines to Participate at the H.C. Wainwright 26th Annual Global Investment Conference September 9th-11th, 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 Announces 6,700 Rotor Riot Brave F7 Flight Controllers Ordered In One Week Following Blue UAS Framework Approval

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 Agrees to Exchange $1M of its Existing Debt for Series C Preferred Shares Convertible at Market Value

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 to Host Q2 Earnings Call and Provide Corporate Update on Wednesday August 14, 2024

ORLANDO, FL / ACCESSWIRE / August 8, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), has adopted HP's Multi Jet Fusion (MJF) 3D printing technology for the production of drone components, particularly for FPV (First-Person View) drones, known for their demanding performance and durability requirements. Unusual Machines partnered with HP 3D Printing to determine the best components for the introduction of their MJF production process.

Unusual Machines Adopts HP's Multi Jet Fusion 3D Printing for Drone Parts Manufacturing

ORLANDO, FL / ACCESSWIRE / August 7, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, today announced that its Rotor Riot Brave F7 Flight Controller has been approved for inclusion on the Blue UAS Framework list. This significant milestone underscores Unusual Machines' commitment to providing secure, reliable, and domestically manufactured drone components for the U.S. government and other critical sectors.

Unusual Machines' FPV Flight Controller Approved for Blue UAS Framework

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 Finalizes Working Capital, Extends Loan, and Reduces Outstanding Common Shares

Unusual Machines consists of Fat Shark and Rotor Riot, acquired from Red Cat, well positioned to capitalize on market shift in drone industry. Opportunity in U.S. drone manufacturing due to supply chain and security concerns with Chinese products. UMAC CEO Allen Evans aims to regain market share in FPV drones, expand B2B sales, and secure U.S. government contracts.

Unusual Machines: A Play On The Shift In The Drone Industry

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 Launches NDAA Compliant, Made in the USA Flight Controller for FPV Drones

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Red Cat Holdings

This press release amends the headline and corrects a misspelling in the previously released version ORLANDO, FL / ACCESSWIRE / June 21, 2024 / Unusual Machines, Inc. , (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, today announced it will provide the first drone and components in Red Cat's new FANG™ line of First-Person View (FPV) systems. This partnership underscores Unusual Machines' commitment to onshoring drone and component production, as well as its expertise in FPV technology.

CORRECTION FROM SOURCE Unusual Machines Selected to Provide the First Drone for Red Cat's FANG(TM) Line of First-Person View Strike Systems

ORLANDO, FL / ACCESSWIRE / June 21, 2024 / Unusual Machines, Inc. , (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, today announced it will provide the first drone and components in Red Cat's new FANG™ line of First-Person View (FPV) systems. This partnership underscores Unusual Machines' commitment to onshoring drone and component production, as well as its expertise in FPV technology.

Unusual Machines Selected to Provide the First Drone for Red Cat's FAN(TM) Line of First-Person View Lethal Strike Systems

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 Inc. to Present at the Emerging Growth Virtual Conference on June 12, 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 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.

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.

Unusual Machines Announces Insider Share Purchases

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Calidi Biotherapeutics Inc

ORLANDO, FL / ACCESSWIRE / May 17, 2024 / RedChip Companies will air interviews with Calidi Biotherapeutics Inc. (NYSE American:CLDI) and Unusual Machines Inc. (NYSE American:UMAC) on the RedChip Small Stocks, Big Money™ show, a sponsored program on Bloomberg TV, this Saturday, May 18, at 7 p.m. Eastern Time (ET).

Calidi Biotherapeutics and Unusual Machines Interviews to Air on the RedChip Small Stocks, Big Mone(TM) Show on Bloomberg TV

ORLANDO, Fla., May 07, 2024 (GLOBE NEWSWIRE) -- Unusual Machines, Inc. (NYSE American: UMAC) (“Unusual Machines” or the “Company”), a drone and drone components manufacturer, today announced it had formalized its contract for Allan Evans to continue to serve as CEO following Unusual Machine's Board of Directors unanimous approval for two years.

Unusual Machines Formalizes CEO's Contract for Two Years Along with Other Corporate Updates

Enlivex Therapeutics Ltd

ORLANDO, FL / ACCESSWIRE / March 22, 2024 / RedChip Companies will air interviews with Enlivex Therapeutics Ltd. (Nasdaq:ENLV) and Unusual Machines Inc. (NYSE American:UMAC) on the RedChip Small Stocks, Big Money™ show, a sponsored program on Bloomberg TV, this Saturday, March 23, at 7 p.m.

News for Unusual Machines Inc /US Stock (UMAC)