Unusual Machines Stock In Spotlight After Orders From Red Cat Holdings: Retail Cheers The Deal

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Unusual Machines (UMAC) stock rose after securing orders from Red Cat Holdings (RCAT) for drone motors, marking UMAC’s first partnership to develop motors for a U.S. drone producer. These motors will support Red Cat’s government and commercial drone platforms, with production starting by March in a partnered facility as UMAC’s U.S. manufacturing plant develops. The deal comes amid tightened U.S. restrictions on Chinese drone technology and follows UMAC’s recent acquisition of Aloft Technologies.

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