-
Rene Eyre Revisits Autobiographical Performance 'Say A Little Prayer' in London
-
London Museum Granted 24/7 License Ahead of November Opening
-
UAE's HCT Holds Record Graduation and Announces Major Training Expansion
-
Dana White Confirms Flight to Washington for Trump Meeting on Press Secretary Role
-
NASA Awards $10B Lunar Contract Framework to SpaceX, Blue Origin
-
Dengue Fever Expands Into High Himalayas as Climate Change Warms Nepal
-
Katy Perry Tells Fans Ex-Husband Russell Brand 'Should Be in Jail' During UK Concert
-
IoT Refrigerator Hacks Disrupt Blood Labs and Supermarkets Across Europe and US
-
South African election results renew debate over identity-based voting
-
Post-election pressures complicate US and Israeli decisions on Iran
-
South African voters report smoother local election but declining IEC trust
-
UN members approve talks on treaty protocol against environmental crime
-
Dolly Parton museum and Nashville hotel open after singer’s death
-
Family-run West Sussex beach café prepares for first winter season
-
George and Amal Clooney attend New York political-comedy reading
-
CT scans reveal health and burial clues from Egypt’s Braided Lady mummy
-
British buyers pay substantial premiums for period-home appearance
-
Oxford faces complaints over lecturer’s classroom attire
-
Thomas Markle released to house arrest after child-abuse-image charge
-
Kyren Wilson and John Higgins reach International Championship snooker final
-
Dawn of War 4 developers chose Adeptus Mechanicus for tactical variety
-
New Zealand and Tonga meet for place in Rugby League World Cup final
-
Italy face unbeaten South Africa in Turin Nations Championship match
-
Reports of unsafe AI-toy responses renew calls for child-safety rules
-
ChatGPT interactive interface feature tested across six custom tools
-
Juneau food network combines difficult supply routes with deep sharing traditions
-
Freshways milk-price cut deepens pressure on UK dairy farms
-
India climbs green-transition ranking after first emissions decline in 25 years
-
Labour and National remain virtually tied as New Zealand vote count advances
-
Trump names Stephen Miller as White House chief of staff after midterm losses
-
The Good Daughter adapts Karin Slaughter thriller with Rose Byrne and Meghann Fahy
-
Restored Albanian tower houses anchor new rural tourism trail
-
Heavy-lift drone evacuates wounded Ukrainian soldier from frontline kill zone
-
Sonia Gandhi reflects on family tragedy and reluctant political career
-
Morrison says West Brom recovered after pressure from successive derby losses
Red Cat Becomes First U.S.-Based Drone Manufacturer to Source Motors From Unusual Machines
ORLANDO, FL / ACCESS Newswire / February 26, 2025 / Unusual Machines (NYSE:UMAC), a leading provider of NDAA-compliant drone components, has secured Red Cat Holdings (NASDAQ: RCAT) as a customer for motors. This marks the company's first partnership to develop motors built to a U.S. drone producer's specific requirements. Red Cat will use three motor variants from Unusual Machines for one of its platforms designed for government and commercial applications.
Red Cat has placed its initial order, marking a significant milestone in Unusual Machines' efforts to become a Tier 1 supplier of drone motors for American manufacturers. The motors will be among the first produced in Unusual Machines' U.S.-based manufacturing facility, which is currently under development. In the interim, production will take place in a partnered facility, that we believe will result in a seamless supply chain transition. Unusual Machines expects to begin delivering on Red Cat's first order by the end of March.
This order further strengthens the relationship between Unusual Machines and Red Cat, as the companies continue their collaborative work on the FANG™, a high-performance FPV drone designed for defense applications.
"Our goal is to provide American drone manufacturers with high-performance motors at cost parity with the Chinese-made alternatives currently in use," said Allan Evans, CEO of Unusual Machines. "Red Cat's decision to source motors from Unusual Machines underscores the demand for a domestic supply chain that supports national security and regulatory compliance."
As the U.S. government continues to tighten restrictions on Chinese drone technology, the demand for American-made alternatives is expected to grow. The recent addition of T-Motor to the U.S. Department of Treasury's Office of Foreign Assets Control (OFAC) sanctions list highlights the urgency for domestic suppliers to fill the gap left by restricted foreign manufacturers.
Unusual Machines remains committed to strengthening the American drone industry by producing essential components domestically, ensuring long-term supply chain stability and compliance with federal regulations.
About Unusual Machines:
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.
For more information visit Unusual Machines at https://www.unusualmachines.com/.
About Red Cat Holdings, Inc.
Red Cat (Nasdaq: RCAT) is a drone technology company integrating robotic hardware and software for military, government, and commercial operations. Through two wholly owned subsidiaries, Teal Drones and FlightWave Aerospace, Red Cat has developed a Family of Systems. This includes the Black Widow™, a small unmanned ISR system that was awarded the U.S. Army's Short Range Reconnaissance (SRR) Program of Record contract. The Family of Systems also includes TRICHON™, a fixed wing VTOL for extended endurance and range, and FANG™, the industry's first line of NDAA compliant FPV drones optimized for military operations with precision strike capabilities. Learn more at www.redcat.red.
Forward-Looking Statement
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including our plans to become a Tier 1 supplier of drone motors for American manufacturers, our ability to deliver RedCat's first order by the end of March and our ability to achieve cost parity with Chinese made products. The words "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. The results expected by some, or all these forward-looking statements may not occur. Factors that affect these forward-looking statements are described more fully in the section titled "Risk Factors" contained in the Company's final Prospectus filed with the Securities and Exchange Commission and the Prospectus Supplement filed with the Securities and Exchange Commission on December 17, 2024. In addition, other factors are the reaction of our potential customers to our new products and our ability to attract new customers. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. Any forward-looking statement made by us herein speaks only as of the date on which it is made. We undertake no obligation to update any forward-looking statement, whether because of new information, future developments or otherwise, except as may be required by law.
Contact Information
CS Investor Relations
[email protected]
917-633-8980
SOURCE: Unusual Machines, Inc.
View the original press release on ACCESS Newswire
Y.Aukaiv--AMWN