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Unusual Machines signed a definitive agreement to acquire Rotor Lab Pty Ltd, an Australian developer and manufacturer of electric motors for drones, in an all-stock deal valued at $7.0 million (including a $3.0 million earnout). The acquisition is expected to close pending regulatory approvals and an employment agreement with Rotor Lab's CEO.
“Unusual Machines, Inc. (NYSE American:UMAC), a leader in drone technology and component manufacturing, today announced it has signed a definitive agreement, effective June 12, 2025, to acquire Rotor Lab Pty Ltd, an Australian developer and manufacturer of electric motors and propulsion systems for u”newswire.com
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