This Trump-Linked Drone Maker May Get a Pentagon Deal. The Stock Surges 29%. -- Barrons.com

Dow Jones
05/28

By Nate Wolf

Shares of Unusual Machines jumped sharply Thursday after The Wall Street Journal reported that the Trump administration was in negotiations to fund multiple private-sector drone companies.

Unusual Machines was one of the companies the Pentagon identified for potential funding, the Journal reported, citing people familiar with the matter. The drone-parts supplier counts Donald Trump Jr. as an advisory board member.

Neither the Defense Department nor Unusual Machines immediately responded to Barron's requests for comment.

Unusual Machines stock surged 29% in premarket trading, having already soared 279% over the last 12 months.

The Iran war has highlighted the rise of drone warfare and piqued investors' interest in both drone and anti-drone technology. Earlier in the conflict, Iran deployed thousands of Shahed drones built at a fraction of the cost of U.S. equivalents.

Other drone stocks also were on the rise Thursday. Palantir-backed drone maker Ondas climbed 8.3%, Red Cat Holdings spiked 18%, and AeroVironment was up 9.8%.

Write to Nate Wolf at nate.wolf@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

May 28, 2026 08:52 ET (12:52 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10