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Unusual Machines to acquire Upgrade Energy for $52M

PUBLIC · UMACMay 11, 2026

Acquiring Company

Unusual Machines

Acquired Company

DroneNX (Upgrade Energy)

OrlandoTorranceOtherManufacturing

Description

Unusual Machines Inc. has signed a definitive agreement to acquire DroneNX LLC, also known as Upgrade Energy, for approximately $52 million. This acquisition will enhance Unusual Machines' production capabilities by integrating advanced battery technology. Upgrade Energy will contribute expertise in drone power systems, aimed at improving performance and reliability. The deal is pending customary closing conditions and will expand Unusual Machines' portfolio.

Quick answer

Unusual Machines is acquiring DroneNX (Upgrade Energy) for $52 million, announced May 11, 2026. Unusual Machines is based in Orlando, Florida, United States.

How much did Unusual Machines pay for DroneNX (Upgrade Energy)?
The reported deal value is $52 million.
What does Unusual Machines do?
Unusual Machines, Inc. is a drone and drone components manufacturer with a diversified brand portfolio, including Fat Shark, the leader in FPV ultra-low latency video goggles for drone pilots.
Where are Unusual Machines and DroneNX (Upgrade Energy) based?
Unusual Machines is based in Orlando, Florida, United States. DroneNX (Upgrade Energy) is based in Torrance, California, United States.
Who are the decision-makers at Unusual Machines?
Fundz holds 2 contacts at Unusual Machines. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Unusual Machines

Location

5728 Major Blvd

Orlando, Florida, United States

About

Unusual Machines, Inc. is a drone and drone components manufacturer with a diversified brand portfolio, including Fat Shark, the leader in FPV ultra-low latency video goggles for drone pilots. The company aims to be a dominant Tier-1 parts supplier to the fast-growing multi-billion-dollar US drone industry.

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Frequently asked

Who acquired DroneNX (Upgrade Energy)?

DroneNX (Upgrade Energy) was acquired by Unusual Machines, based in Orlando. The deal was reported on May 11, 2026. Unusual Machines, Inc. is a drone and drone components manufacturer with a diversified brand portfolio, including Fat Shark, the leader in FPV ultra-low latency video goggles for drone pilots. Unusual Machines is publicly traded (UMAC) and operates in Other.

When did Unusual Machines acquire DroneNX (Upgrade Energy)?

Unusual Machines's acquisition of DroneNX (Upgrade Energy) was reported on May 11, 2026. Unusual Machines Inc. has signed a definitive agreement to acquire DroneNX LLC, also known as Upgrade Energy, for approximately $52 million. This acquisition will enhance Unusual Machines' production capabilities by integrating advanced battery technology. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does DroneNX (Upgrade Energy) do?

DroneNX LLC, operating as Upgrade Energy, specializes in high-performance battery and power systems for unmanned aerial systems. The company is dedicated to addressing flight time and reliability challenges in the drone industry. It is privately held, and is based in Torrance.

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