Unusual Machines, Inc.

Unusual Machines Receives $16.9 Million Purchase Order from Powerus for American-Made Drone Components

Powerus Corporation (Nasdaq: PUSA) placed a $16.9 million purchase order with Unusual Machines (NYSE American: UMAC) for American-made NDAA-compliant drone components including motors, batteries, cameras, and video transmitters. The order deepens an existing relationship: Unusual Machines previously announced a $5 million-plus order in April 2026 and a $30 million strategic equity investment in Powerus in June 2026. For Powerus, the order supports scaling production of autonomous and unmanned systems for global defense customers, though the announcement was issued by Unusual Machines as the recipient.

•17d ago

Unusual Machines Completes Acquisition of Upgrade Energy, Expanding U.S. Drone Battery Manufacturing

Unusual Machines completed its acquisition of DroneNX LLC, operating as Upgrade Energy, a U.S. manufacturer of high-performance drone batteries and power systems. The deal, originally announced May 11, 2026, adds batteries to UMAC's NDAA-compliant component portfolio alongside motors, headsets, and other drone parts, with production at an 18,500-square-foot Torrance, California facility and planned battery pack operations in Orlando, Florida. No purchase price or deal terms were disclosed; the strategic rationale centers on vertical integration into the drone powertrain amid growing U.S. domestic drone investment.

•20d ago

Powerus Completes Merger with Aureus Greenway Holdings; Powerus Corporation to Ring Nasdaq Opening Bell, Trading as PUSA

Powerus and Aureus Greenway Holdings completed their merger effective October 1, 2026, with AGH renamed Powerus Corporation and shares trading on Nasdaq under PUSA. The release recaps recent milestones: a $90 million IDIQ ceiling for the Guardian-2 interceptor, a $2.5 million defense order for FPV aircraft, a $60 million ANZ distribution agreement, and a $30 million equity investment from Unusual Machines (UMAC). Most items are ceilings, orders without program-of-record status, or non-binding MOUs, so the merger completion itself — not the backlog figures — is the core news.

•1mo ago

Counter-Drone Spending Set to Triple by 2030 as Drone Defense Becomes a Spending Priority

Draganfly announced a US$10 million strategic investment from Unusual Machines and a leading U.S. investment fund, each contributing $5M, via a registered direct offering of 1,869,159 shares at US$5.35. The offering was priced at-market based on the September 25, 2026 close, with proceeds earmarked to accelerate advanced capabilities development and fund working capital amid growing U.S. and Canadian defense activity. The release wraps the offering inside an FN Media paid promotional commentary on the counter-drone market, which analysts project to grow from roughly $6.6B (2025) to $20.3B by 2030 globally.

•1mo ago

Unusual Machines Strengthens Supply Chain Intelligence Through Strategic Partnership with Altana

Unusual Machines (NYSE American: UMAC) announced a strategic partnership with Altana, an AI network for global trade, to strengthen the supply chain infrastructure behind its expanding U.S. drone component manufacturing. Altana's platform will help UMAC validate suppliers and product lines, streamline compliance with NDAA and FCC regulations, and support documentation for the Defense Contract Management Agency's Blue UAS Framework. No financial terms were disclosed for the investment, and the stated benefits are qualitative — shorter qualification timelines, reduced manual compliance effort, and stronger supplier traceability as the company scales.

•2mo ago

The $100-Billion Drone Services Opportunity Is Becoming the Next Billion-Dollar Technology Boom

Ondas Inc. announced it has secured a multi-million-dollar strategic tender from the Israeli Ministry of Defense (IMOD) to develop and produce next-generation tactical attack drones. The contract designates Ondas as the prime contractor, tasking the company with creating low-cost, scalable drone systems for frontline combat units to meet evolving operational requirements. CEO Eric Brock stated that the selection by the IMOD validates Ondas's engineering capabilities and its status as a provider of complex, mission-ready defense systems.

•2mo ago

Aureus Greenway Holdings Inc. and Powerus Announce Effectiveness of Form S-4 Registration Statement

The SEC declared the Form S-4 registration statement effective for the business combination between Aureus Greenway Holdings (AGH) and Powerus, with closing anticipated in early October 2026. The combined company will be renamed Powerus Corporation and continue trading under the ticker PUSA. Powerus contributes a portfolio of defense contracts, including a U.S. Air Force IDIQ contract for the Guardian-2 interceptor with a ceiling of up to $90 million and a $2.5 million purchase order for 1,500 FPV aircraft. The company also secured a $60 million distribution agreement and a $30 million strategic equity investment from Unusual Machines. AGH currently operates golf course properties but has not independently verified Powerus’s operational information or contract assurances.

•2mo ago

Unusual Machines Second Quarter 2026 Shareholder Letter

Unusual Machines reported Q2 revenue of $16.7 million, reflecting a 687% increase year-over-year, while gross margins improved to 34.7%. The company narrowed its adjusted EBITDA loss to $0.4 million and ended the quarter with $229.6 million in cash, bolstered by a $60 million ATM offering at $30 per share. Management expects Q3 revenue to slow as it invests in foundational capacity but anticipates a significant ramp in Q4 driven by government contracts, targeting breakeven by the end of Q1 2027.

•3mo ago

Unusual Machines Adopts Performance-Based Executive Compensation

Unusual Machines adopted a new executive compensation program effective January 1, 2027, under which CEO Allan Evans will forgo base salary in exchange for performance-based warrants exercisable at $25 per share. Vesting for these warrants is contingent on the stock achieving sustained closing prices ranging from $25 to $100, directly tying executive rewards to long-term shareholder value. Additionally, other C-level executives received stock options at the current market price to replace restricted stock awards, ensuring value is realized only through share price appreciation.

•3mo ago

Billions are Flowing into Drones-as-a-Service as Adoption Reaches a Tipping Point

Ondas acquired DZYNE Technologies for $875.8 million in a cash and stock deal to establish a vanguard autonomous defense platform. The acquisition adds EBITDA-positive operations and expands capabilities across multi-domain ISR, counter-UAS, and autonomous logistics. More than 50% of the stock consideration is subject to a six-month lock-up to align the incentives of DZYNE management with Ondas stockholders.

•3mo ago

Unusual Machines Promotes Tyler Crane to Vice President of Product

Unusual Machines promoted Tyler Crane to Vice President of Product, tasking him with leading product strategy across the company's lineup of drone components. Crane has been instrumental in bringing products like the Aura camera line and Brave flight controllers to market, leveraging experience spanning concept to commercialization. The promotion supports Unusual Machines' efforts to scale domestic manufacturing and expand its portfolio of NDAA-compliant and Blue UAS Framework components.

•3mo ago

The Counter-Drone Technology Gap That Is Leaving Agencies Blind to the Fastest-Growing Threat

Axon Enterprise introduced new AI-powered real-time intelligence capabilities at its user conference, aiming to enhance incident detection speed and response coordination for public safety agencies. The announcement is featured within a broader editorial analysis of the sector's shift toward autonomous platforms and nonlethal response technology to address evolving threats like drone incursions. While the article primarily profiles competitor Wrap Technologies and its WrapShield platform, it contextualizes Axon alongside peers such as Motorola Solutions, Unusual Machines, and nLIGHT in the modernizing defense landscape.

•4mo ago

Unusual Machines Added to Russell 2000(R) Index

Unusual Machines has been added to the Russell 2000 Index as part of the first 2026 reconstitution, moving up from the Russell Microcap Index. CEO Allan Evans noted the inclusion reflects progress in expanding U.S. manufacturing capacity and strengthening the supply chain. The company focuses on NDAA-compliant drone components and FPV equipment through its Fat Shark and Rotor Riot brands.

•4mo ago

Unusual Machines Expands Orlando Manufacturing Footprint to Support Battery Operations

Unusual Machines signed a lease for a 14,000-square-foot facility in Orlando, Florida, to expand its domestic battery manufacturing capacity ahead of its planned acquisition of Upgrade Energy. The new Orlando site will complement Upgrade Energy's existing 18,500-square-foot California facility as the companies prepare for the transaction, which is expected to close by mid-third quarter 2026. CEO Allan Evans noted that battery systems are critical to the company's drone components business and that the expansion supports the next phase of growth.

•4mo ago

Unusual Machines Makes $30 Million Strategic Equity Investment in Powerus to Scale U.S. Autonomous Drone Manufacturing Infrastructure

Powerus, the proposed merger target of Aureus Greenway Holdings (PUSA), secured a $30 million strategic equity investment from Unusual Machines (UMAC). The capital is intended to scale Powerus's U.S. autonomous drone manufacturing infrastructure, leveraging an existing component supply relationship with UMAC. The merger between PUSA and Powerus remains subject to closing conditions, including regulatory approvals.

•4mo ago

Unusual Machines First Quarter 2026 Shareholder Letter

Unusual Machines reported Q1 2026 revenue of $8.1 million, a 296% year-over-year increase, driven by rapid scaling of its NDAA-compliant drone component manufacturing. The company completed a $150 million public offering at $17 per share, boosting its cash balance to $222.9 million and funding $75 million in raw material orders to support continued expansion. While GAAP net income was $10.3 million, this was largely due to $9.5 million in unrealized investment gains; core operations posted a $7.3 million loss as the company aggressively hires and builds capacity ahead of anticipated demand.

•5mo ago

Unusual Machines Secures $5M+ Order from Powerus for Counter-UAS Systems

Powerus, the proposed merger target of AGH, has secured a $5 million-plus order for NDAA-compliant components from Unusual Machines to support counter-UAS systems. Deliveries are scheduled to begin in April and continue through the second quarter, facilitating the rapid deployment of defense drone platforms. The order demonstrates commercial traction for Powerus as it moves to combine with Aureus Greenway Holdings.

•6mo ago