-
Australia bans under-16s from social media in world-first crackdown
-
US Fed appears set for third rate cut despite sharp divides
-
Veggie 'burgers' at stake in EU negotiations
-
Haitians dance with joy over UNESCO musical listing
-
Suspense swirls if Nobel peace laureate will attend ceremony
-
UK public urged to keep eyes peeled for washed-up bananas
-
South Korea chip giant SK hynix mulls US stock market listing
-
Captain Cummins back in Australia squad for third Ashes Test
-
NFL Colts to bring 44-year-old QB Rivers out of retirement: reports
-
West Indies 92-2 after being asked to bat in second New Zealand Test
-
Ruckus in Brazil Congress over bid to reduce Bolsonaro jail term
-
ExxonMobil slows low-carbon investment push through 2030
-
Liverpool's Slot swerves further Salah talk after late Inter win
-
Maresca concerned as Atalanta fight back to beat Chelsea
-
Liverpool edge Inter in Champions League as Chelsea lose in Italy
-
Spurs sink Slavia Prague to boost last-16 bid in front of Son
-
Arsenal ensure Women's Champions League play-off berth
-
Late penalty drama helps Liverpool defy Salah crisis at angry Inter
-
Canada launches billion dollar plan to recruit top researchers
-
Liverpool defy Salah crisis by beating Inter Milan in Champions League
-
Honduran leader alleges vote tampering, US interference
-
De Ketelaere inspires Atalanta fightback to beat Chelsea
-
Kounde double helps Barcelona claim Frankfurt comeback win
-
US Supreme Court weighs campaign finance case
-
Zelensky says ready to hold Ukraine elections, with US help
-
Autistic Scottish artist Nnena Kalu smashes Turner Prize 'glass ceiling'
-
Trump slams 'decaying' and 'weak' Europe
-
Injury-hit Arsenal in 'dangerous circle' but Arteta defends training methods
-
Thousands flee DR Congo fighting as M23 enters key city
-
Karl and Gnabry spark Bayern to comeback win over Sporting
-
Thousands flee DR Congo fighting as M23 closes on key city
-
Zelensky says ready to hold Ukraine elections
-
Indigenous artifacts returned by Vatican unveiled in Canada
-
Ivory Coast recall Zaha for AFCON title defence
-
Communist vs Catholic - Chile prepares to choose a new president
-
Trump's FIFA peace prize breached neutrality, claims rights group
-
NHL 'optimistic' about Olympic rink but could pull out
-
Thousands reported to have fled DR Congo fighting as M23 closes on key city
-
Three face German court on Russia spying charges
-
Amy Winehouse's father sues star's friends for auctioning her clothes
-
Woltemade's 'British humour' helped him fit in at Newcastle - Howe
-
UK trial opens in dispute over Jimi Hendrix recordings
-
Pandya blitz helps India thrash South Africa in T20 opener
-
Zelensky says will send US revised plan to end Ukraine war
-
Nobel event cancellation raises questions over Machado's whereabouts
-
Miami's Messi wins second consecutive MLS MVP award
-
Trump slams 'decaying' Europe and pushes Ukraine on elections
-
TotalEnergies in deal for Namibia offshore oil field
-
Jesus added to Arsenal's Champions League squad
-
Red Bull part ways with influential advisor Marko
Unusual Machines Closes Acquisition of Rotor Lab
ORLANDO, FL / ACCESS Newswire / September 4, 2025 / Unusual Machines, Inc. (NYSE American:UMAC), a leading provider of NDAA-compliant drone components, today announced that on September 3, 2025, it completed its acquisition of Rotor Lab Pty Ltd, an Australian developer of electric motors and propulsion systems for unmanned aerial systems (UAS). The all-stock transaction, originally announced on June 13, 2025, is valued at $7.0 million, including a $3.0 million earnout.
Rotor Lab expands Unusual Machines' portfolio with high-performance motors used in both commercial and defense applications. The two companies have already co-developed a family of motors - including the 2207, 2807, and 3220 sizes - that will be among the first produced at Unusual Machines' new motor facility in Orlando, Florida, scheduled to open in September 2025. Rotor Lab's Canberra site will continue to operate as an engineering hub for motor design and prototyping, complementing U.S. manufacturing operations.
"This acquisition adds valuable engineering expertise, proven prototyping processes, and a second production location for Unusual Machines," said Allan Evans, Chief Executive Officer of Unusual Machines. "By integrating Rotor Lab's capabilities with ours, we are accelerating execution and can deliver better motors to our customers faster."
Andrew Simpson, formerly Chief Executive Officer of Rotor Lab, will serve as Vice President of Motor Production at Unusual Machines and continue to lead Rotor Lab's operations.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. 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. These statements include: our expectation that we will commence operations in our new Orlando manufacturing facility in September 2025 and that we will be successful in integrating Rotor Lab into our company. The results expected by some or all of these forward-looking statements may not occur. Factors that affect our ability to achieve these results include the continued the availability of a satisfactory labor pool, potential supply chain issues, the impact from tariffs including inflation, and the Risk Factors contained in our Form 10-Q, filed with the SEC on May 8, 2025, Prospectus Supplement filed with the Securities and Exchange Commission (the "SEC") on September 2, 2025 and in our Form 10-K for the year ended December 31, 2024. 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 as a result of new information, future developments or otherwise, except as may be required by law.
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 ecommerce 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, please visit www.unusualmachines.com.
Investor Contact:
CS Investor Relations
[email protected]
Media Contact:
SOURCE: Unusual Machines, Inc.
View the original press release on ACCESS Newswire
N.Mitchell--AT