Unusual Machines (UMAC) to Acquire Aloft Technologies

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Go back to Unusual Machines (UMAC) to Acquire Aloft Technologies

Unusual Machines Enters Into a Definive Agreement to Acquire Drone Software Company Aloft Technologies to Grow the American Drone Ecosystem

February 3, 2025 8:32 AM EST

ORLANDO, FL / ACCESS Newswire / February 3, 2025 / Unusual Machines (NYSE: UMAC) has announced the signing of a binding agreement to acquire of Aloft Technologies, Inc. (https://www.aloft.ai/), the leading FAA-approved provider of unmanned aerial system (UAS) services to enterprise, public safety, and government customers. The acquisition is almost all in stock, valued at $14.5M.

The proposed acquisition brings together companies that share commitment to strengthening the U.S. drone industry. Aloft Technologies has long... More