Defense ContractsDefense procurement growth positions UMAC for long-term gains in drone manufacturing, providing manufacturers with stable revenue streams and expanded market potential.
Financial HealthThe company ended with $64.3M in cash and equivalents and no debt, and has $133M today, indicating it is sufficiently capitalized to fund operations.
Supply AgreementsThe company announced a number of component supply agreements in recent months, and $16M of purchase orders, capitalizing on growing demand for drones.