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Unusual Machines Q2 Earnings Call Highlights
['Mitch Edgeman']
Markets Daily
Unusual Machines ended the quarter with $229 million in cash, including proceeds from $60 million raised through block at-the-market transactions in May at $30 per share.
Evans said Unusual Machines does not expect revenue from Upgrade Energy until the transaction closes.
About Unusual Machines (NYSEAMERICAN:UMAC)Unusual Machines, Inc designs, manufactures, and sells ultra-low latency video goggles for drone pilots.
The company was formerly known as AerocarveUS Corporation and changed its name to Unusual Machines, Inc in July 2022.
Unusual Machines, Inc was incorporated in 2019 and is based in Orlando, Florida.