Unusual Machines Completes Upgrade Energy Acquisition

Air Traffic
Air Traffic
Acquisition
Acquisition

Show Chart?

Load external content from TradingView!

*You can change or withdraw your consent at any time in the footer under Cookies.

Unusual Machines Completes Acquisition of Upgrade Energy

ORLANDO, FL - Unusual Machines, Inc. (NYSE American: UMAC) has officially completed its acquisition of DroneNX LLC, which operates as Upgrade Energy. This strategic move adds high-performance drone batteries and power systems to Unusual Machines' growing portfolio of critical, NDAA-compliant components.

The acquisition, initially announced earlier in the year, bridges a vital gap in the domestic drone supply chain by integrating Upgrade Energy's advanced battery manufacturing expertise with Unusual Machines' existing product lines, including motors and FPV headsets. Prior to the finalization of the deal, Unusual Machines began scaling production and increasing personnel at Upgrade Energy's facility in Torrance, California, while also laying the groundwork for new operations in Orlando, Florida.

Acquisition Highlights

  • Expansion into U.S. drone battery manufacturing
  • Integration of Upgrade Energy's Torrance facility
  • Plans for new battery pack operations in Orlando, Florida

About Unusual Machines, Inc.

Unusual Machines manufactures and sells drone components and drones across a diversified brand portfolio, which includes Fat Shark, the leader in FPV (first-person view) ultra-low latency video goggles for drone pilots. The Company also retails small, acrobatic FPV drones and equipment directly to consumers through the curated Rotor Riot e-commerce store. With a changing regulatory environment, Unusual Machines seeks to be a dominant Tier-1 parts supplier to the fast-growing multi-billion-dollar U.S. drone industry. According to Fact.MR, the global drone accessories market is currently valued at $17.5 billion and is set to top $115 billion by 2032.

View Company Details

More UMAC News

SPAC IPO Calendar
SPAC IPO Events
Scroll to Top