Unusual Machines Announces $150 Million Public Stock Offering

Unusual Machines, Inc., a U.S.-based drone parts manufacturer, has announced a public offering pricing for 8,823,529 shares of common stock at $17.00 per share. This move anticipates raising approximately $150 million, excluding fees and related expenses. Ondas Inc. and key institutional investors have committed to participate in this strategic investment.

Dominari Securities LLC and JonesTrading Institutional Services LLC serve as co-placement agents. The offering's completion is expected by March 23, 2026, contingent on customary conditions. Net proceeds are intended for acquiring additional inventory, meeting working capital needs, and general corporate purposes.

This stock issuance follows a shelf registration statement approved by the SEC. Unusual Machines aims to strengthen its supply chain and inventory capabilities with this capital infusion.