Donald Trump Jr. Joins Unusual Machines
Unusual Machines has welcomed Donald Trump Jr. to its advisory board.
The company, known for making drones and their parts, sees this as a big move to strengthen U.S. manufacturing. The CEO, Allan Evans, mentioned that having Don Jr. on board brings valuable knowledge to help them grow their business. “Don Jr. joining our board of advisors provides us unique expertise we need as we bring drone component manufacturing back to America,” said Allan Evans. “He brings a wealth of experience, and I look forward to his advice and role within the company as we continue to build our business.”
Focus on American Manufacturing
Trump Jr. has always been keen on bringing back jobs to America and cutting down on buying from other countries. He believes it’s important to make drones in the U.S. and said he’s thrilled about what Unusual Machines is doing. “The need for drones is obvious. It is also obvious that we must stop buying Chinese drones and Chinese drone parts. I love what Unusual Machines is doing to bring drone manufacturing jobs back to the USA and am excited to take on a bigger role in the movement.” The company recently unveiled a new flight controller, made in the U.S., aiming to boost tech development here.
We all want more things made at home rather than bought from abroad.
Growth in the Drone Market
Trump Jr.’s new role comes at a crucial time as the company aims to be a major player in the U.S. drone industry. Fact.MR reports that the global market for drone accessories is set to skyrocket from $17.5 billion to over $115 billion by 2032. Besides advising, Don Jr. owns a significant number of shares, aligning with the company’s mission to boost U.S. jobs and innovation.
Diverse Product Range
Unusual Machines offers a variety of products:
- Fat Shark: Video goggles for drone flying with low delay.
- Rotor Riot: An online store for buying small stunt drones and gear.
- Brave F7 Flight Controller: New tech for high-performance drones.
They’re also using cool manufacturing tech like 3D printing to make parts for drones like the SkyLite.
Stock Prices Jump Up
When the news broke on November 27, 2024, that Trump Jr. joined the company, Unusual Machines’ stock price shot up. It climbed over 100% early in the day and settled with a 70% gain. At closing, shares were priced at $9.77, marking an 82.28% increase. There was a huge spike in trading, with over 56 million shares exchanged, way above the usual 121,000. The stock even hit a new high of $11.54 compared to a low of $0.98 earlier in the year.
For more info, check out Unusual Machines.
