Business
Unusual Machines Closes Acquisition of Rotor Lab
ORLANDO, FL / ACCESS Newswire / September 4, 2025 / Unusual Machines, Inc. (NYSE American:UMAC), a leading provider of NDAA-compliant drone components, today announced that on September 3, 2025, it completed its acquisition of Rotor Lab Pty Ltd, an ...
About this update from Unusual Machines, Inc.
[{"type":"text","content":"ORLANDO, FL / ACCESS Newswire / September 4, 2025 / Unusual Machines, Inc. (NYSE American:UMAC), a leading provider of NDAA-compliant drone components, today announced that on September 3, 2025, it completed its acquisition of Rotor Lab Pty Ltd, an Australian developer of electric motors and propulsion systems for unmanned aerial systems (UAS). The all-stock transaction, originally announced on June 13, 2025, is valued at $7.0 million, including a $3.0 million earnout.","length":473,"tagName":"p"},{"type":"text","content":"Rotor Lab expands Unusual Machines' portfolio with high-performance motors used in both commercial and defense applications. The two companies have already co-developed a family of motors - including the 2207, 2807, and 3220 sizes - that will be among the first produced at Unusual Machines' new motor facility in Orlando, Florida, scheduled to open in September 2025. Rotor Lab's Canberra site will continue to operate as an engineering hub for motor design and prototyping, complementing U.S. manufacturing operations.","length":532,"tagName":"p"},{"type":"text","content":""This acquisition adds valuable engineering expertise, proven prototyping processes, and a second production location for Unusual Machines," said Allan Evans, Chief Executive Officer of Unusual Machines. "By integrating Rotor Lab's capabilities with ours, we are accelerating execution and can deliver better motors to our customers faster."","length":365,"tagName":"p"},{"type":"text","content":"Andrew Simpson, formerly Chief Executive Officer of Rotor Lab, will serve as Vice President of Motor Production at Unusual Machines and continue to lead Rotor Lab's operations.","length":180,"tagName":"p"},{"type":"text","content":"Safe Harbor Statement","length":21,"tagName":"p"},{"type":"text","content":"This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking state...