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Unusual Machines to Acquire Drone Software Company Aloft Technologies
Feb 03, 2025•over 1 year ago
Contract Type
agreement
OrlandoOtherManufacturing
Description
Unusual Machines has entered into a definitive agreement to acquire Aloft Technologies, Inc., a leading FAA-approved provider of unmanned aerial system (UAS) services. The acquisition, valued at $14.5M, aims to strengthen the U.S. drone industry and expand the American drone ecosystem.
Company Information
Company
Unusual Machines
Location
4677 L B MCLEOD RD
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.