Donald Trump Jr. Joins Unusual Machines as an Advisor
Rhea-AI Summary
Unusual Machines (NYSE American: UMAC) announced that Donald Trump Jr. has joined the company's advisory board. As a business leader, best-selling author, and investor in the company, Trump Jr. will provide expertise to support the company's mission of bringing drone component manufacturing back to America. The announcement follows the recent release of their Brave F7 FPV Flight Controller, demonstrating the company's commitment to reducing reliance on foreign-made drone components and strengthening domestic supply chains.
Positive
- Strategic addition of high-profile advisor with business experience
- Company has successfully launched Brave F7 FPV Flight Controller product
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, UMAC gained 84.51%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
ORLANDO, FL / ACCESSWIRE / November 27, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a U.S. based drone and drone components manufacturer, today announced that Donald Trump Jr., a globally recognized business leader, best-selling author, and investor in the Company, has joined the Company's advisory board.
"Don Jr. joining our board of advisors provides us unique expertise we need as we bring drone component manufacturing back to America," said Allan Evans, Unusual Machines CEO. "He brings a wealth of experience and I look forward to his advice and role within the Company as we continue to build our business."
"The need for drones is obvious. It is also obvious that we must stop buying Chinese drones and Chinese drone parts," said Don Jr. "I love what Unusual Machines is doing to bring drone manufacturing jobs back to the USA and am excited to take on a bigger role in the movement".
Don Jr.'s appointment comes at a pivotal moment for Unusual Machines, following the recent release of our Brave F7 FPV Flight Controller. This achievement underscores the Company's commitment to onshoring U.S. drone component manufacturing. By reducing reliance on foreign-made products and strengthening domestic supply chains, Unusual Machines is helping to safeguard U.S. technological leadership in the drone industry. Don Jr.'s expertise will be invaluable in accelerating this mission as the Company continues to expand its product line.
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
For more information visit Unusual Machines at https://www.unusualmachines.com/.
Contact:
CS Investor Relations
917-633-8980
investors@unusualmachines.com
SOURCE: Unusual Machines, Inc.
View the original press release on accesswire.com
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