StreetInsider.com News Articles

XTI Aerospace names Unusual Machines CEO as board chairman

Wed, 14 Oct 2026 07:00:38 -0400

XTI Aerospace, Inc. (Nasdaq: XTIA) has appointed Dr. Allan Evans, chief executive officer of Unusual Machines, Inc. (NYSE American: UMAC), as a director and chairman of its board of directors, according to a company statement.

The appointment returns XTI Aerospace's board to five members. In connection with Dr. Evans' appointment, the board designated Jonathan Ornstein as vice chairman.

Dr. Evans, 43, has served as CEO and director of Unusual Machines since December 2023. Prior to that role, he was chief operating officer of Red Cat Holdings, Inc. from 2021 to 2023, and previously served as CEO of Fat Shark from 2017 until

XTI Aerospace names Unusual Machines CEO as board chairman

Wed, 14 Oct 2026 07:00:38 -0400

The appointment returns XTI Aerospace's board to five members. In connection with Dr. Evans' appointment, the board designated Jonathan Ornstein as vice chairman.

XTI Aerospace names Unusual Machines CEO as board chairman

Wed, 14 Oct 2026 07:00:38 -0400

The appointment returns XTI Aerospace's board to five members. In connection with Dr. Evans' appointment, the board designated Jonathan Ornstein as vice chairman.

XTI Aerospace names Unusual Machines CEO as board chairman

Wed, 14 Oct 2026 07:00:38 -0400

The appointment returns XTI Aerospace's board to five members. In connection with Dr. Evans' appointment, the board designated Jonathan Ornstein as vice chairman.

XTI Aerospace names Unusual Machines CEO as board chairman

Wed, 14 Oct 2026 07:00:38 -0400

The appointment returns XTI Aerospace's board to five members. In connection with Dr. Evans' appointment, the board designated Jonathan Ornstein as vice chairman.

XTI Aerospace names Unusual Machines CEO as board chairman

Wed, 14 Oct 2026 07:00:38 -0400

The appointment returns XTI Aerospace's board to five members. In connection with Dr. Evans' appointment, the board designated Jonathan Ornstein as vice chairman.

XTI Aerospace Appoints Unusual Machines CEO Dr. Allan Evans to Serve as Chairman of its Board of Directors

Wed, 14 Oct 2026 07:00:00 -0400

DALLAS, Oct. 14, 2026 /PRNewswire/ -- XTI Aerospace, Inc. (Nasdaq: XTIA) ("XTI Aerospace," "XTI" or the "Company"), an aerospace and advanced technology platform and parent company of Drone Nerds, LLC, ("Drone Nerds"), a leading drone solutions platform serving commercial, enterprise and government customers, today announced the appointment of Dr. Allan Evans as a director and Chairman of its Board of Directors. His addition returns the Board to five members.

XTI Aerospace Appoints Unusual Machines CEO Dr. Allan Evans to Serve as Chairman of its Board of Directors

Wed, 14 Oct 2026 07:00:00 -0400

XTI Aerospace Appoints Unusual Machines CEO Dr. Allan Evans to Serve as Chairman of its Board of Directors

Wed, 14 Oct 2026 07:00:00 -0400

XTI Aerospace Appoints Unusual Machines CEO Dr. Allan Evans to Serve as Chairman of its Board of Directors

Wed, 14 Oct 2026 07:00:00 -0400

Form 8-K Unusual Machines, Inc. For: Oct 05

Wed, 07 Oct 2026 16:05:00 -0400

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Needham Reiterates Buy Rating on Unusual Machines (UMAC)

Wed, 07 Oct 2026 07:15:15 -0400

Needham analyst Austin Bohlig reiterated a Buy rating and $40.00 price target on Unusual Machines (NYSE: UMAC).

The analyst commented: "We are reiterating our buy rating and $40 price target following our recent tour of UMAC's Orlando facility, our second visit in 2026 following our February tour ahead of the company’s planned production ramp. Our biggest takeaway was the significant progress made over the past eight months, with the facility looking night-and-day different as UMAC transitions toward scaled production. We walked away increasingly confident in its targeted ramp toward 100,000 motors per month and incrementally more positive on demand for low-cost

Form 4 Unusual Machines, Inc. For: Oct 05 Filed by: Evans Allan Thomas

Tue, 06 Oct 2026 16:10:00 -0400

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Draganfly stock rises on $10M strategic investment

Mon, 28 Sep 2026 09:42:26 -0400

Investing.com -- Draganfly Inc (NASDAQ:DPRO) shares rose 3.7% in premarket trading Monday following the announcement of a $10 million strategic investment from Unusual Machines Inc (NYSE:UMAC) and a leading U.S. investment fund.

The investment, with each party contributing $5 million, comes as Draganfly expands its position in the U.S. defense sector and pursues opportunities in international markets. The drone solutions developer said the funding will accelerate development of advanced strategic capabilities and support general working capital to meet product demand.

The investment is priced at $5.35 per share based on the

Draganfly stock rises on $10M strategic investment

Mon, 28 Sep 2026 09:42:26 -0400

The investment is priced at $5.35 per share based on the

Draganfly stock rises on $10M strategic investment

Mon, 28 Sep 2026 09:42:26 -0400

The investment is priced at $5.35 per share based on the

Draganfly stock rises on $10M strategic investment

Mon, 28 Sep 2026 09:42:26 -0400

The investment is priced at $5.35 per share based on the

Needham announces Drone Dominance Gauntlet II winners

Thu, 17 Sep 2026 12:31:38 -0400

Investing.com -- The Drone Dominance Program announced nine winners of Gauntlet II on Wednesday through its website. The awards covered two mission areas: long-range strike at 15 kilometers and close-quarters tactical assault under 2 kilometers.

Neros secured awards in both mission categories. Eight other companies received awards in the remaining positions. Perennial Autonomy ranked first in one category, while Neros took the top position in the other.

The program will place orders for 60,000 drones from the selected companies. Order quantities will be determined at contract award, with previous program statements indicating quantities between 4,000 and 8,000 units for top performers.

Red Cat

Needham announces Drone Dominance Gauntlet II winners

Thu, 17 Sep 2026 12:31:38 -0400

Red Cat

Form DEF 14A Unusual Machines, Inc. For: Oct 05

Mon, 24 Aug 2026 08:00:00 -0400

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Form DEF 14A Unusual Machines, Inc. For: Oct 05

Mon, 24 Aug 2026 08:00:00 -0400

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Form 4 Unusual Machines, Inc. For: Aug 20 Filed by: Hoff Brian Joseph

Fri, 21 Aug 2026 16:10:00 -0400

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Form 4 Unusual Machines, Inc. For: Aug 20 Filed by: Hoff Brian Joseph

Fri, 21 Aug 2026 16:10:00 -0400

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Form 4 Unusual Machines, Inc. For: Aug 20 Filed by: Wright Stacy Rochelle

Fri, 21 Aug 2026 16:10:00 -0400

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Form 4 Unusual Machines, Inc. For: Aug 20 Filed by: Wright Stacy Rochelle

Fri, 21 Aug 2026 16:10:00 -0400

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