UMAC shares surge 11.85% after-hours following Jones Trading's initiation of Buy coverage and recent defense contract wins.

Unusual Machines (NYSEAMERICAN:UMAC) surged 11.85% in after-hours trading following Jones Trading’s initiation of coverage with a Buy recommendation. This move builds on a series of recent positive catalysts, including a $12.8 million defense contract for U.S. Army drone components in October 2025, a $25 million strategic investment in XTI Aerospace, and upgraded analyst ratings from ThinkEquity and Needham. The stock had also reported Q3 2025 profitability and secured $72.14 million in ATM financing earlier in November. Jones Trading’s endorsement, combined with ongoing momentum from defense sector growth and operational progress, likely fueled the after-hours rally.