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Unusual Machines Inc. (UMAC) announced on Wednesday a new investment plan for its U.S. drone treasury strategy. CEO Allan Evans detailed the company’s forward-looking plans in a letter to shareholders.
The drone components supplier stated that it intends to maintain sufficient cash reserves for daily operations, while selectively allocating capital to strategic ventures that align with its drone treasury strategy.
Unusual Machines stock inched higher by 0.2% in Wednesday’s premarket. On Stocktwits, retail sentiment around the stock remained in ‘bullish’ territory amid ‘high’ message volume levels.
The initiative, Evans said, is aimed at reinforcing the domestic drone manufacturing ecosystem. The objective is to serve a wide range of drone manufacturers, helping maintain a broad market presence. According to him, this approach gives Unusual Machines investors a way to indirectly participate in the overall U.S. drone sector.
Although regulations permit allocating up to 40% of the company’s assets toward such investments, Evans emphasized that Unusual Machines intends to keep actual investment levels significantly below that threshold.
“We believe that we have a responsibility to our shareholders to work toward better financial returns from this drone treasury strategy than we could by investing in treasuries or bonds,” Evans wrote.
Last week, the company completed its first deal under this new strategy. It participated in an $8 million private investment in public equity (PIPE) funding round for Safe Pro Group (SPAI), alongside strategic partner Ondas Holdings Inc. (ONDS). The company said this move offers financial potential while supporting technologies with critical defense applications, including AI-powered landmine detection tools expected to play a role in post-war Ukraine.
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