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Stock impact report

Unusual Machines Lands $800K Red Cat Drone Parts Order [Yahoo! Finance]

Unusual Machines, Inc. (UMAC) 
Company Research Source: Yahoo! Finance
Holdings, Inc. (NASDAQ: RCAT ), a drone technology company that develops robotic hardware and software for military, government, and commercial applications. Shares of both Unusual Machines and Red Cat were trading higher following the announcement. The order covers Unusual Machines' BLUE UAS-listed components, including the Aura Analog Camera, Aura VTX, Brave Flight Controller, Brave ESC, HDO+ Goggles, and motors. These parts will be integrated into Red Cat's FANG drones to meet demand for U.S.-made, NDAA-compliant systems used in defense, public safety, and other government applications. Also Read: Red Cat Holdings Stock Falls After $150 Million Offering Unusual Machines said the order underscores its growing role in the U.S. drone supply chain, where it provides components for defense, enterprise and consumer markets. Stacy Wright , EVP of Revenue at Unusual Machines, stated, “High-quality, NDAA-compliant components are now table stakes, what truly matters is how fast you Show less Read more
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