Unusual Machines signs agreement to acquire Upgrade Energy for drone battery manufacturing
Evidence notes
- Unusual Machines signed a merger agreement to acquire DroneNX LLC, doing business as Upgrade Energy.
- Upgrade Energy manufactures battery and power-system solutions for unmanned aerial systems.
- The acquisition adds domestic drone battery manufacturing and supports a second battery pack facility in Orlando.
Company context
Unusual Machines is a public U.S. drone component and subsystem company serving the American FPV and small-UAS market. Its portfolio includes Fat Shark FPV video systems, Rotor Riot's drone retail and community channel, Rotor Lab motors and propulsion systems, and pending battery and power-system capabilities through the Upgrade Energy acquisition.