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.
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.
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.
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.
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.
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.
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 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.
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.
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.