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Unusual Machines, Inc. Common Stock (UMAC)

5.3800
-0.0400 (-0.74%)
NYSE · Last Trade: May 10th, 4:05 PM EDT
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Detailed Quote

Previous Close5.420
Open5.390
Bid5.300
Ask5.450
Day's Range5.160 - 5.610
52 Week Range1.020 - 23.62
Volume1,315,397
Market Cap-
PE Ratio (TTM)-
EPS (TTM)-
Dividend & YieldN/A (N/A)
1 Month Average Volume1,126,815

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News & Press Releases

Dominari Securities Leads $40 Million Public Offering Providing Continued Capital Markets Support to Established Client, Unusual Machines
NEW YORK, NY / ACCESS Newswire / May 9, 2025 / Dominari Securities LLC, a wholly owned subsidiary of Dominari Holdings Inc. (Nasdaq:DOMH), today announced it served as the exclusive placement agent successfully leading the placement of a $40 million public offering for Unusual Machines, Inc. (NYSE American:UMAC), an existing client.
Via ACCESS Newswire · May 9, 2025
Unusual Machines Issues Letter to Shareholders
CEO Allan Evans shares Q1 2025 highlights and provides insight into the Company's future plans
Via ACCESS Newswire · May 8, 2025
Advancements In Drone Technology Opening Up New Applications as Market Size Estimated to Reach $57 Billion by 2028
EQNX::TICKER_START (NASDAQ:ZENA),(NYSE:TDY),(NASDAQ:PRZO),(NASDAQ:SPAI),(NYSE:UMAC) EQNX::TICKER_END
Via FinancialNewsMedia · May 8, 2025
Earnings Scheduled For May 8, 2025benzinga.com
Via Benzinga · May 8, 2025
Advancements In Drone Technology Opening Up New Applications as Market Size Estimated to Reach $57 Billion by 2028
PALM BEACH, Fla., May 08, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Drone services are progressively replacing legacy services in the commercial sector, such as aerial surveys, filmography, and search and rescue operations. They offer the advantages of prolonged operation, remote control by human operators, or autonomous functioning by onboard computers. The increasing adoption of drone services across various civil and commercial applications can be attributed to their extended endurance and cost-effectiveness. Furthermore, the integration of advanced technologies like artificial intelligence, IoT (Internet of Things), and cloud computing into drone services is expected to further boost their demand across various sectors. A report from MarketsAndMarkets said that the Global Drone Services Market Size is estimated to reach USD 57.8 billion by 2028, growing at a CAGR of 27.7% during the forecast period. The report continued: “The drone market size continues to expand as the drone services industry evolves, offering a diverse range of services for both remotely controlled and autonomously flown drones. This industry integrates software-controlled flight plans into drones' embedded systems, making it a critical component in sectors like agriculture, insurance, construction, marine, aviation, oil & gas, mining, and infrastructure. The demand for these services, which includes tasks such as search and rescue, package delivery, industrial inspections, imaging, and healthcare supply distribution to remote areas, significantly contributes to the growing drone market size.”   Active Companies in the drone industry today include ZenaTech, Inc. (NASDAQ: ZENA), Teledyne Technologies Incorporated (NYSE: TDY), ParaZero Technologies Ltd. (NASDAQ: PRZO), Safe Pro Group Inc. (NASDAQ: SPAI), Unusual Machines, Inc. (NYSE American: UMAC).
By FN Media Group LLC · Via GlobeNewswire · May 8, 2025
Unusual Machines, Inc. Announces Closing in which it Sold $40 Million in a Public Offering of Common Stock
ORLANDO, FLORIDA / ACCESS Newswire / May 7, 2025 / Unusual Machines, Inc. (the "Company"), a United States based manufacturer and distributor of drone parts has successfully closed a confidentially marketed public offering for the sale of 8,000,000 shares of the Company's Common Stock at the offering price of $5.00 per share (the "Offering") resulting in gross proceeds of $40 million, before deducting placement agent fees and other offering expenses. The Offering closed on May 7, 2025.
Via ACCESS Newswire · May 7, 2025
Unusual Machines To Report Financial Results for the First Quarter of 2025 and Provide Corporate Update
ORLANDO, FL / ACCESS Newswire / May 5, 2025 / Unusual Machines (NYSE AMERICAN:UMAC), a leading provider of NDAA-compliant drone components, today announced it will host a webcast on Thursday, May 8th at 4:30 p.m. to discuss the Company's operational and financial results for the first quarter ending March 31, 2025. A question-and-answer session will follow management's remarks.
Via ACCESS Newswire · May 5, 2025
12 Information Technology Stocks Moving In Monday's Intraday Sessionbenzinga.com
Via Benzinga · May 5, 2025
Top movers in Monday's sessionchartmill.com
Let's have a look at what is happening on the US markets in the middle of the day on Monday. Below you can find the top gainers and losers in today's session.
Via Chartmill · May 5, 2025
These stocks are gapping in today's sessionchartmill.com
The market is buzzing with gapping stocks on Monday. Let's uncover which stocks are experiencing notable gaps during today's session.
Via Chartmill · May 5, 2025
Unusual Machines, Inc. Announces Pricing of $40.0 Million Confidentially Marketed Public Offering of Common Stock
ORLANDO, FLORIDA / ACCESS Newswire / May 5, 2025 / Unusual Machines, Inc. ("Unusual Machines" or the "Company") (NYSE American:UMAC), a United States based manufacturer and distributor of drone parts announced today the pricing of its confidentially market public offering (the "Offering") of 8,000,000 shares of common stock at a public offering price of $5.00 per share.
Via ACCESS Newswire · May 5, 2025
These stocks that are showing activity before the opening bell on Monday.chartmill.com
Discover the top movers in Monday's pre-market session and stay informed about market dynamics.
Via Chartmill · May 5, 2025
12 Information Technology Stocks Moving In Monday's Pre-Market Sessionbenzinga.com
Via Benzinga · May 5, 2025
Why Faraday Future Intelligent Electric Shares Are Trading Higher By 6%; Here Are 20 Stocks Moving Premarketbenzinga.com
Via Benzinga · May 5, 2025
Unusual Machines, Inc. Announces Proposed Public Offering
ORLANDO, FLORIDA / ACCESS Newswire / May 2, 2025 / Unusual Machines, Inc. ("Unusual Machines" or the "Company"), a United States based manufacturer and distributor of drone parts today announced that it has commenced a public offering of Common Stock. The Company intends to use the net proceeds from this proposed offering (the "Offering") to expand its U.S. drone parts manufacturing business and for working capital and general corporate purposes. The Offering is subject to market conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering.
Via ACCESS Newswire · May 2, 2025
Global Agriculture Drones Market Projected to Reach $8.03 Billion By 2029 with Significant Growth Still Expected
EQNX::TICKER_START (NASDAQ:ZENA),(NASDAQ:DPRO),(NYSE:UMAC),(NASDAQ:SIDU),(NASDAQ:AGRI) EQNX::TICKER_END
Via FinancialNewsMedia · April 24, 2025
Unusual Machines, Dominari Holdings Share Volume Spiked Ahead Of Trump Family Appointments: Here's What Happenedbenzinga.com
Unusual Machines and Dominari Holdings shares surged ahead of the appointments of Donald Trump Jr. and Eric Trump to their advisory boards.
Via Benzinga · April 17, 2025
Global Agriculture Drones Market Projected to Reach $8.03 Billion By 2029 with Significant Growth Still Expected
PALM BEACH, Fla., April 24, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Many experts see the global agriculture drones market to continue its substantial growth through this decade and maybe beyond. One such industry watcher, MarketsANDMarkets reported that: “The global agriculture drones market was projected to grow to $2.01 Billion in 2024 and reach $8.03 Billion by 2029. High adoption of aerial data collection tools in agriculture holds immense opportunity for the agriculture drones market. As farmers want to boost yields and their uses in resource optimization, precision agricultural tools are in increased demand; drones offer sensors and timely data for crop health and soil conditions. Efficiencies and accuracies increase the appealability of aerial data collection, and more farmers are adopting drone technology. Drones combined with emerging technologies in the form of machine learning and AI make them robust for position and to improve broadband agricultural data systems. Moreover, many industries use drones, and the adoption rate of tools required to collect aerial data is high in the construction, agriculture, and mining industries. Moreover, as farmers emphasize yield optimization and resource utilization more, the use of precision agriculture tools and drones increases. Drones have advanced sensors and real-time data for monitoring crop health and soil conditions. Their efficiency and accuracy appeal to more farmers who have become open to drone technology.”   Active Companies in the drone industry today include ZenaTech, Inc. (NASDAQ: ZENA), Draganfly Inc. (NASDAQ: DPRO), Unusual Machines, Inc. (NYSE American: UMAC), Sidus Space (NASDAQ: SIDU), AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI).
By FN Media Group LLC · Via GlobeNewswire · April 24, 2025
Surge In Global Defense Budgets Having Significant Impact On The Global Military (UAS) Drone Market
EQNX::TICKER_START (NASDAQ:DPRO),(CSE:DPRO),(NYSE:UMAC),(NYSE:GD),(NASDAQ:KTOS),(NYSE:LMT) EQNX::TICKER_END
Via FinancialNewsMedia · April 10, 2025
Surge In Global Defense Budgets Having Significant Impact On The Global Military (UAS) Drone Market
PALM BEACH, Fla., April 10, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The global unmanned aerial system (UAS) military drones market has been rising steadily over the past years and it is projected to continue substantially into the next decade at least. A recent report from one such industry insider said that the surge in global defense budgets has had a significant impact on the global market. As political tensions rise worldwide, nations are investing in cutting-edge unmanned aerial systems (UAS) to bolster their defense and security capabilities. Increased defense expenditure has allowed countries like the United States, China, and other NATO members to allocate substantial funds to advanced drone programs, enhancing surveillance, supporting combat missions, and improving autonomous drone features.  Geopolitical tensions, especially in regions like Asia-Pacific, the Middle East, and Eastern Europe, are driving a significant demand for military drones. As nations seek to strengthen their surveillance, intelligence, and tactical capabilities, military drones have become integral to modern defense strategies.  Active companies in the markets this week include: Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO), Unusual Machines, Inc. (NYSE American: UMAC), General Dynamics (NYSE: GD), Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), and Lockheed Martin (NYSE: LMT).
By FN Media Group LLC · Via GlobeNewswire · April 10, 2025
Unusual Machines Issues Letter to Shareholders
CEO Allan Evans shares Q4 2024 highlights and provides insight into the Company's future plans
Via ACCESS Newswire · March 27, 2025
Drone Surveying Industry Witnessing Continuous Technological Advancements Generating Rising Revenue Opportunity
EQNX::TICKER_START (NASDAQ:ZENA),(NASDAQ:ONDS),(NYSE:UAVS),(NYSE:UMAC),(NASDAQ:AVAV) EQNX::TICKER_END
Via FinancialNewsMedia · April 3, 2025
Earnings Scheduled For March 27, 2025benzinga.com
Via Benzinga · March 27, 2025
Global Drone Services Market Size Predicted to Surpass Around $555 Billion By 2034
EQNX::TICKER_START (NASDAQ:ZENA),(NASDAQ:EH),(NYSE:UAVS),(NYSE:UMAC),(NASDAQ:PRZO) EQNX::TICKER_END
Via FinancialNewsMedia · March 20, 2025
Global Drone Services Market Size Predicted to Surpass Around $555 Billion By 2034
PALM BEACH, Fla., March 20, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The drone services worldwide market has been growing substantially in recent years and is projected to continue into the several years to come. According to a report from Precedence Research, the global drone services market size accounted for USD 24.56 billion in 2024, grew to USD 33.55 billion in 2025 and is predicted to surpass around USD 555.58 billion by 2034, representing a healthy CAGR of 36.60% between 2024 and 2034. The North America drone services market size is calculated at USD 8.84 billion in 2024 and is expected to grow at a fastest CAGR of 36.78% during the forecast year. The report said: “North America held the highest share of the global drone services market in terms of value. This is due to major service providers' presence and early adoption of high-end drone technologies. Furthermore, the region's market is driven by increased demand for aerial photography in the real estate and construction sectors. The US is a significant market for drone services in North America, accounting for a large share of the region's market.   Asia-Pacific is expected to grow at the fastest CAGR during the forecast period. Large drone service providers exist in APAC countries such as China and Japan. Limited regulation on commercial drone use and price drop drive market demand. Furthermore, the rise is attributed to increased government and OEM investments in drone services propelling the market. The rising demand for industry-specific solutions and the increasing demand for time-efficient delivery are driving the growth of the drone service market… Along with this, the growing initiative from governments and regulatory bodies to develop drones propels the market forward.”   Active Companies in the drone industry today include ZenaTech, Inc. (NASDAQ: ZENA), EHang Holdings Limited (NASDAQ: EH), AgEagle Aerial Systems Inc. (NYSE: UAVS), Unusual Machines (NYSE: UMAC), ParaZero Technologies Ltd. (NASDAQ: PRZO).
By FN Media Group LLC · Via GlobeNewswire · March 20, 2025