UMAC Surges Nearly 70% on Trump Administration Funding Talks for Domestic Drone Makers

GateNews
According to the Wall Street Journal, on May 29, the Trump administration held talks with Unusual Machines (UMAC), Neros Technologies, and other domestic drone manufacturers regarding potential funding support that may include debt and equity investments. UMAC shares jumped nearly 70% following the news, while Red Cat (RCAT) rose approximately 57% and Ondas (ONDS) gained about 27%.
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