Unusual Machines Inc. (UMAC) completed the acquisition of Rotor Lab Pty Ltd.
The acquisition adds high-performance motors to UMAC's portfolio for commercial and defense applications.
Rotor Lab's engineering hub in Canberra will complement UMAC's new motor facility in Orlando, Florida.
Acquisition Details
All-stock transaction valued at $7.0 million with a $3.0 million earnout.
Expanded Portfolio
Addition of motors in sizes 2207, 2807, and 3220 for faster customer deliveries.
Leadership Transition
Andrew Simpson to lead Rotor Lab operations as Vice President of Motor Production at Unusual Machines.
- The acquisition accelerates UMAC's execution and integrates valuable engineering expertise.
- UMAC gains a second production location with enhanced prototyping processes from Rotor Lab.
The acquisition of Rotor Lab strengthens Unusual Machines' position in the drone components market, enabling better service to customers and faster innovation.