Unusual Machines, Inc. ( UMAC ) shares are trading higher on Wednesday.

The US-based drone and drone components manufacturer has made a notable move to strengthen its position in the growing drone industry by announcing the appointment of Donald Trump Jr. to its advisory board.

Trump Jr., a renowned business leader, best-selling author, and investor in the company, brings significant expertise to the board.

His appointment comes at a “pivotal time” as the company is working to bring drone component manufacturing back to the U.S.

Allan Evans, CEO of Unusual Machines ( UMAC ), emphasized Trump Jr.’s wealth of experience, which will be invaluable as the company expands its business.

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“The need for drones is obvious. It is also obvious that we must stop buying Chinese drones and Chinese drone parts,” said Donald Trump Jr. “I love what Unusual Machines ( UMAC ) is doing to bring drone manufacturing jobs back to the USA and am excited to take on a bigger role in the movement.”

Unusual Machines ( UMAC ) has been making strides in this direction, having recently launched the Brave F7 FPV Flight Controller, a product that underscores the company’s commitment to reducing dependence on foreign-made drone parts.

Financially, the company showed strong performance, with third-quarter sales reaching approximately $1.53 million, marking a 9% increase from the previous quarter. With a gross margin of 26%, the company remains on track to meet its target of $5 million in sales for 2024.

The company also plans to expand its Rotor Riot operations, introduce new U.S.-made components, and increase enterprise sales in the coming months.

Price Action: UMAC shares are trading higher by 84% to $9.86 at last check Wednesday.

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Image: Shutterstock/ Dmitry Kalinovsky