Andrew Camden
On March 4, 2024, the Board of Directors of Unusual Machines, Inc. (the “Company”) appointed Andrew Camden, 33, as the Company’s Chief Operating Officer, effective immediately.
Highest-materiality recent filing
Unusual Machines replaces auditor with EY, amends stockholder voting threshold
Dismissed Salberg & Company, P.A. as independent auditor on Aug 12, 2026; no disagreements or reportable events in FY2024-2025.
Unusual Machines discloses investor presentation; no substantive financial data in filing text
Company made updated investor presentation available on its website on August 10, 2026.
Unusual Machines Q2 revenue $16.7M (+687% YoY); adjusted EBITDA loss narrows to $0.4M
Revenue $16.7M, up 687% YoY and 106% QoQ.
Unusual Machines grants CEO warrants for 5M shares at $25 strike; waives cash comp after 2026
CEO Allan Evans receives warrants for 5M shares at $25, vesting in tranches at $25/$40/$60/$80/$100 stock price targets.
Signed lease for 14,000 sq ft manufacturing/operational space in Orlando, FL to support battery business.
Unusual Machines extends CEO management agreement to Dec 2026; annual fee raised to $350,000
Amendment extends Management Services Agreement termination date to December 31, 2026.
Unusual Machines posts investor presentation; details not available from filing
Company uploaded investor presentation to its website on May 26, 2026.
Unusual Machines Reports Q1 2026 Revenue of $8.1M, Net Income of $10.3M
Revenue reached $8.1 million, a 296% increase year-over-year, with net income of $10.3 million including $9.5M unrealized gain.
Unusual Machines signs $52M merger to acquire Upgrade Energy (battery/power systems)
Consideration: 1,792,012 UMAC shares at $13.9508/share + $1M cash; earn-out up to $26M if $10M revenue target met in 2 years.
Unusual Machines places $75M in strategic inventory orders to meet NDAA-compliant drone demand
Placed ~$75 million in purchase orders with US suppliers for drone component materials.
Unusual Machines secures $5M+ Powerus order for counter-UAS drone components
Order valued over $5 million for NDAA-compliant components used in counter-UAS interceptor and 10-inch drone platforms.
Unusual Machines scales motor production in Orlando; 15,000 motors/month, adding shifts
Currently producing ~15,000 motors per month; second and third shifts added.
Unusual Machines raises CEO salary to $350K, CFO/President/CRO to $300K each
Compensation Committee approved salary increases effective April 1, 2026.
Unusual Machines presentation shows $20M annualized revenue, $275M+ liquidity, regulatory catalysts
Revenue run-rate grew from $8M (Q3 2025) to $20M annualized (Q4 2025).
Unusual Machines prices $150M common stock offering; strategic investment from Ondas Inc.
Priced public offering of 8,823,529 shares at $17.00/share for ~$150M gross proceeds.
Unusual Machines announces proposed public offering of common stock
Offering of common stock commenced; no size or terms disclosed yet.
Unusual Machines posts investor presentation, no financial details disclosed
Filed an investor presentation on March 18, 2026 as Exhibit 99.1 to an 8-K.
Unusual Machines Q4 revenue $4.9M (+144% YoY); FY2025 revenue $11.2M (+101%); net loss $19.2M
Q4 revenue $4.9M (+144% YoY); FY2025 revenue $11.2M (+101% YoY).
Unusual Machines amends bylaws to add President and Chief Revenue Officer
Board approved amendment to Amended and Restated Bylaws on January 23, 2026.
Unusual Machines receives $2.1M purchase order for drone components for defense applications
$2.1 million purchase order for NDAA-compliant drone components, fulfillment in Q1-Q2 2026.
Unusual Machines posts investor presentation on website, no material detail disclosed
Company uploaded an investor presentation to its website on January 12, 2026.
Unusual Machines receives $3.75M purchase order from Performance Drone Works
Order supports scaling of PDW's AM-FPV program and investment in U.S. sUAS supply base.
Unusual Machines shareholders elect five directors at 2025 annual meeting
Dr. Allan Evans re-elected with 11,144,230 votes; Cristina A. Colón with 10,900,065 votes.
Unusual Machines publishes investor presentation; no specific financial details provided
Company uploaded an investor presentation to its website on December 17, 2025.
Unusual Machines signs supplier deal with Dynamic Aerospace for NDAA-compliant drone components
Agreement covers flight controllers, ESCs, motors for DAS’s Breacher counter-UAS and Sentinel ISR platforms.
Annual Meeting convened Dec 1, 2025, adjourned because no quorum and insufficient votes to elect five directors.
Unusual Machines invests $25M in XTI Aerospace via convertible preferred stock
$25M investment for 25,000 shares of XTI's Series 10 Convertible Preferred Stock.
Unusual Machines reports first profitable quarter, Q3 revenue up 39% YoY to $2.13M
Q3 revenue $2.13M (+39% YoY); first profitable quarter with net income $0.05/share ($1.6M).
Unusual Machines leases 25,000 sq ft Orlando warehouse for drone headset manufacturing
Lease signed Oct 30, 2025; facility adds 25,000 rentable sq ft for materials and fulfillment.
Order from 101st Airborne Division for motors produced at new U.S. facility for A.B.E. V1.01 drones.
Unusual Machines sets director pay at $160k/year; raises CEO salary to $300k, CFO and COO to $270k
Board approves non-management director compensation of $160,000 per year, payable quarterly in cash or stock.
Unusual Machines secures $800K order from Red Cat for drone components
Unusual Machines (UMAC) receives $800,000 order from Red Cat Holdings (RCAT) for drone components.
Unusual Machines secures $12.8M defense order for drone components
$12.8M order from Strategic Logix for RRSL drone system components supplies over 160,000 parts.
Unusual Machines closes all-stock acquisition of Rotor Lab for $7.0M, including $3M earnout
Closed acquisition of Rotor Lab Pty Ltd on Sept 3, 2025; total consideration valued at $7.0M including $3.0M earnout.
Unusual Machines enters ATM equity facility for up to $300M with JonesTrading
Up to $300M in common stock may be sold at-the-market via JonesTrading.
Unusual Machines launches drone treasury strategy; invests in Safe Pro Group PIPE
Company will make strategic investments to accelerate U.S. drone ecosystem, up to 40% of assets (ex-cash and govt securities).
Unusual Machines: 65% revenue growth, $81M cash, motor production on track for Sep 2025
Revenue grew 65% YoY for H1 2025; B2B revenue up 3.5x from H1 to H2 2024.
Unusual Machines wins $1.6M order for Aura cameras and HDO+ goggles from U.S. defense supplier
Order placed by a domestic defense drone manufacturer for NDAA-compliant Fat Shark Aura cameras and HDO+ goggles.
Unusual Machines Q2 revenue $2.12M (+51% YoY); net loss $6.9M on stock comp; cash $38.9M
Revenue $2.12M, up 51% YoY; enterprise sales 31% of Q2 revenue.
Unusual Machines closes $48.5M registered direct offering of 5M shares at $9.70
Sold 5,000,000 shares at $9.70/share; gross proceeds of $48.5M before fees.
Unusual Machines prices $48.5M registered direct offering of common stock at $9.70/share
Offering consists of 5,000,000 shares of common stock or pre-funded warrants at $9.70/share.
CEO Dr. Allan Evans received 175,000 restricted common shares via controlled entity; fully vested upon grant.
Unusual Machines Joins Russell Microcap Index and Expands U.S. Drone Manufacturing
Unusual Machines included in Russell Microcap Index effective June 30, 2025, reflecting accelerating growth and market visibility.
Unusual Machines terminates Aloft deal, signs $7M stock acquisition of Rotor Lab
Terminated Aloft acquisition effective June 9, 2025; no termination fees incurred.
Unusual Machines signs 17K sq ft motor factory lease; Q1 revenue up 59% YoY to ~$1.8M
Lease for 17,000 sq ft drone motor manufacturing facility in Orlando, FL; commences Aug 1, 2025, term through Aug 2030.
Signed lease for a 17,000 sq ft facility in Orlando, FL for large-volume U.S. motor production.
Unusual Machines CEO to present at Maxim Group virtual tech conference June 3
CEO Allan Evans invited to present at "2025 Virtual Tech Conference" by Maxim Group LLC on June 3, 2025.
Unusual Machines grants 8,334 restricted shares to each non-employee director for Q1-Q2 2025
On May 19, 2025, issued 8,334 restricted common shares to each non-employee director.
Unusual Machines files 8-K/A to add legal opinion and consent omitted from prior 8-K
Amendment solely adds Exhibits 5.1 (legal opinion) and 23.1 (consent) to the May 5, 2025 8-K.
Unusual Machines Q1 revenue $2.05M (+59% YoY); net loss $3.3M; closed $40M financing
Q1 revenue $2.05M, up 59% YoY; gross margin 24% impacted by tariffs.
On March 4, 2024, the Board of Directors of Unusual Machines, Inc. (the “Company”) appointed Andrew Camden, 33, as the Company’s Chief Operating Officer, effective immediately.
Max materiality 0.90 · Median 0.65 · Most common event other_material