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UMAC stock jumps as Pentagon considers funding domestic drone makers, including Trump Jr.-linked firm.

Market News
28 May 2026
Erica Kollmann
View Source
Bullish
pluang ai news

Shares of Unusual Machines Inc. (UMAC), where Donald Trump Jr. is a shareholder and board member, surged after reports that the Pentagon is discussing direct financial support and equity stakes in domestic drone manufacturers. The funding talks involve the Biden-era Office of Strategic Capital and could include debt and equity financing. UMAC's partner Powerus was also selected for Phase II of the Pentagon's $1 billion Drone Dominance Program, aiming to deploy 300,000 attack drones by 2027. Despite strong revenue growth, UMAC faces risks with significant losses, but market optimism reflects potential Pentagon contracts and strategic positioning in the drone market.

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