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Unusual Machines Q2 Earnings Call Highlights
MarketBeat2d agoneutral
Unusual Machines Q2 Earnings Call Highlights

Unusual Machines (NYSEAMERICAN:UMAC) reported second-quarter 2026 operating revenue of more than $16.7 million, up 687% from the prior-year period and 107% sequentially, as enterprise customers accounted for approximately 95% of quarterly sales. The company recorded a GAAP net loss of about $7.8 mi

Bloomberg11d agoneutral
Eric Trump Expands Family’s Defense Portfolio With Space-Eyes

(Bloomberg) -- Defense software company Space-Eyes enlisted Eric Trump as an investor and adviser, expanding the first family’s military technology portfolio amid criticism from ethics watchdogs and President Donald Trump’s political opponents.Most Read from BloombergSingapore's Gated Island for the Rich Is Marred by Decayed HomesAnthropic AI Models Hacked Three Organizations During TestsMicrosoft’s $450 Billion Jump Is Biggest in Stock Market HistoryChip Stocks Post Biggest Advance Since April

Eric Trump-backed Foundation partners with AMD to develop humanoid robots
Reuters19d agoneutral
Eric Trump-backed Foundation partners with AMD to develop humanoid robots

Eric Trump-backed Foundation Future Industries said on Thursday it is partnering with AMD ‌to use its chips to co-develop autonomous humanoid robots ‌for military and industrial use. The son of U.S. President Donald Trump has ​been an investor in the start-up since early this year and serves as chief strategy advisor, the company said. The Trump family's investments in several companies have drawn scrutiny, particularly its stakes in ‌defense firms that regularly ⁠compete for government contracts, raising concerns about potential conflicts of interest.

The Trump Administration Is in Talks to Fund U.S. Drone Companies
The Wall Street Journal75d agoneutral
The Trump Administration Is in Talks to Fund U.S. Drone Companies

The Trump administration is pursuing funding deals with a group of drone companies as part of its effort to increase domestic production and lower the costs of the increasingly vital weapons, people familiar with the matter said. The potential deals follow months of discussions between a diverse set of private-sector drone companies and the Pentagon, the people said. The discussions have included the Office of Strategic Capital, a lending office set up by the Biden administration to fund companies deemed important to national security supply chains.

Unusual Machines Q1 Earnings Call Highlights
MarketBeat87d agoneutral
Unusual Machines Q1 Earnings Call Highlights

Unusual Machines (NYSEAMERICAN:UMAC) reported sharply higher first-quarter 2026 revenue and said it is continuing to expand capacity to meet demand from the U.S. drone market, particularly from defense-related customers. Chief Executive Officer Allan Evans said the drone components company generate