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Benzinga
Benzinga
Business
Triveni Kothapalli

Unusual Machines Lands $800K Red Cat Drone Parts Order

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Unusual Machines, Inc. (NYSE:UMAC) announced on Friday that it received an $800,000 order from Red Cat 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.

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