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Unusual Machines to Buy Drone Software Firm Aloft Technologies
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Unusual Machines to Buy Drone Software Firm Aloft Technologies
Feb 3, 2025 8:17 AM

10:48 AM EST, 02/03/2025 (MT Newswires) -- Unusual Machines ( UMAC ) said Monday it has signed a binding agreement to buy Aloft Technologies in a deal almost all in stock that is valued at $14.5 million.

The deal is expected to close "in the coming months," Unusual Machines ( UMAC ) said.

Aloft provides drone airspace and fleet management tools in the US, the company said.

Price: 11.41, Change: -0.63, Percent Change: -5.27

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