On Tuesday, shares of Unusual Machines Inc (UMAC.US) continued their upward momentum, rising over 8% and marking a cumulative gain of 45% over three trading sessions. The stock is currently trading at $12.82.
The surge follows the company's announcement of a $3.75 million purchase order from Performance Drone Works (PDW) to support PDW's AM-FPV program expansion and investments in the U.S. small unmanned aerial systems (sUAS) supply chain.
This order comes after Unusual Machines' recent investments in domestic manufacturing, including in-house motor production and dedicated facilities for headset assembly and future production activities.