Event
Unusual Machines signs agreement to acquire Upgrade Energy for drone battery manufacturing
Key points
- 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.
Context
- Company
- Unusual Machines
- Segment
- Subsystems
- Event type
- Acquisition
- Geography
- Orlando · United States