Unusual Machines, Inc. (UMAC) surged 14.44% in after-hours trading following multiple strategic developments. The stock’s jump coincided with news that UMAC completed a $25 million strategic investment in XTI Aerospace, which recently acquired Drone Nerds, a move signaling expanded capabilities in the drone sector. Additionally, UMAC secured a $12.8 million defense contract for drone components, reinforcing its role in the U.S. Army’s supply chain. Analyst upgrades, including a "Buy" rating from Jones Trading and Needham, further bolstered investor confidence. These events align with broader industry tailwinds, as a defense-driven "drone arms race" positions UMAC as a beneficiary of long-term growth in unmanned systems. The stock’s sharp after-hours rise reflects optimism over its strategic partnerships, defense contract wins, and improving market sentiment.
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