UNUSUAL MACHINES INC /US (UMAC) Stock News
NYSEARCA:UMAC - NYSE Arca - US91532F1021 - Common Stock - Currency: USD
UMAC Latest News, Press Relases and Analysis
US Stocks Likely To Rebound After Sharp Decline Amid Israel-Iran Conflict: S&P 500 Historically Moves Higher After Wars, Says Expert
U.S. stock futures were trading higher on Monday following Friday's sharp declines. Futures of benchmark indices were higher in premarket.
Unusual Machines to acquire Rotor Lab in $7M all-stock deal
Unusual Machines (UMAC) announced it has signed a definitive agreement, effective June 12, to acquire Rotor Lab, an Australian developer and manufacturer of electric motors and propulsion systems for unmanned aerial systems. The proposed acquisition is substantially an all-stock deal valued at $7M. Unusual Machines and Rotor Lab have already been working together for nearly a year, co-developing a family of motors including the 2207, 2807, and 3220 sizes. These motors will be among the first to
Pearson to acquire eDynamic Holdings, terms not disclosed
Pearson (PSO) announces that it has entered into an agreement to acquire eDynamic Holdings, a Career and Technical Education curriculum solutions provider. eDynamic Learning’s comprehensive catalogue of digital courses enables students to follow structured learning pathway programs that prepare them for their future careers. This acquisition is aligned to Pearson’s strategy, enabling Pearson to scale its position in the fast-growing Early Careers space and broaden capabilities in career-readines
Unusual Machines Signs Lease for 17,000 sq ft Orlando Drone Motor Factory
Unusual Machines Issues Letter to Shareholders
Coterra Energy price target raised to $38 from $33 at Raymond James
Raymond James analyst John Freeman raised the firm’s price target on Coterra Energy (CTRA) to $38 from $33 and keeps an Outperform rating on the shares. Coterra Energy posted Q1 production at the high end of guidance and beat on capex, but it is pausing Harkey development in the Eastern Culberson and performing wellbore cement remediation work due to high water volumes, the analyst tells investors in a research note. The company ended Q1 with 13 rigs in the Permian, and the original plan calling
Unusual Machines terminates agreement to acquire Aloft
Unusual Machines (UMAC) announced that it has notified Aloft that the previously announced acquisition has been terminated, effective June 9, in accordance with the termination provisions of the definitive agreement, as amended. The decision was made after careful consideration and reflects recognition that the transaction, as structured, no longer aligns with the strategic priorities of either organization. No termination fees will be incurred, and both companies remain open to exploring future
Mentions: VZ
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Unusual Machines Enters into a Definitive Agreement to Acquire Rotor Lab to Accelerate Drone Motor Production
Unusual Machines Announces Termination of Definitive Agreement to Acquire Aloft
Drone Industry Applauds AUVSI Advancing U.S. Leadership in Drones Operations Putting Spotlight on Drone Stocks
US Air Taxi And Drone Makers In Focus After Trump Signs Executive Orders For ‘American Dominance’ In The Skies
The Trump administration intends to regulate drone usage amid safety concerns ahead of next year’s FIFA World Cup and the 2028 Los Angeles Summer Olympics.
SSR Mining Declares that Operations at Seabee Will be Temporarily Suspended
SSR Mining Inc. (NASDAQ:SSRM) reported that due to power outages brought on by nearby forest fires, operations at Seabee have been temporarily halted. Currently, the forest fires are situated around 15 kilometers north of the site. Although the site and infrastructure are not currently under immediate danger due to the fire, standard safety procedures are […]
Meta Looks for Exclusive Hollywood Content for its New Headset, WSJ
Meta Platforms, Inc. (NASDAQ:META) is negotiating exclusive immersive content for its future premium virtual reality headgear, internally named “Loma,” with Disney, A24, and other companies. The device, which is set to be released next year, will cost less than $1,000 and look like giant eyeglasses attached to a pocket-sized puck. To compete with Apple’s $3,500 […]
Unusual Machines Leases a 17,000-Square-Foot Drone Motor Plant Near Orlando
A 17,000-square-foot drone motor production facility in Orlando, Florida, has been leased by Unusual Machines, Inc. (NYSE:UMAC), with production scheduled to start in September 2025. High-performance brushless motors in sizes 2207, 2807, and 3220 will be produced at the plant for use in commercial drones and FPVs. It is anticipated that the plant would grow […]
Dominari Securities Leads $40 Million Public Offering Providing Continued Capital Markets Support to Established Client, Unusual Machines
Mentions: DOMH
Drone as a Service Market Well Poised for Sustained Growth in Commercial, Industrial and Civic Usage
Advancements In Drone Technology Opening Up New Applications as Market Size Estimated to Reach $57 Billion by 2028
Unusual Machines, Inc. Announces Closing in which it Sold $40 Million in a Public Offering of Common Stock
Unusual Machines To Report Financial Results for the First Quarter of 2025 and Provide Corporate Update