This Trump-Linked Drone Maker May Get a Pentagon Deal. The Stock Surges 29%. -- Barrons.com

Dow Jones

May 28

By Nate Wolf

Shares of Unusual Machines jumped sharply Thursday after The Wall Street Journal reported that the Trump administration was in negotiations to fund multiple private-sector drone companies.

Unusual Machines was one of the companies the Pentagon identified for potential funding, the Journal reported, citing people familiar with the matter. The drone-parts supplier counts Donald Trump Jr. as an advisory board member.

Neither the Defense Department nor Unusual Machines immediately responded to Barron's requests for comment.

Unusual Machines stock surged 29% in premarket trading, having already soared 279% over the last 12 months.

The Iran war has highlighted the rise of drone warfare and piqued investors' interest in both drone and anti-drone technology. Earlier in the conflict, Iran deployed thousands of Shahed drones built at a fraction of the cost of U.S. equivalents.

Other drone stocks also were on the rise Thursday. Palantir-backed drone maker Ondas climbed 8.3%, Red Cat Holdings spiked 18%, and AeroVironment was up 9.8%.

Write to Nate Wolf at nate.wolf@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

May 28, 2026 08:52 ET (12:52 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/2638931695"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2638931695\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2638931695?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-28 20:52","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2638931695","market":"sh","top_or_hot":-1,"title":"This Trump-Linked Drone Maker May Get a Pentagon Deal. The Stock Surges 29%. -- Barrons.com","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Nate Wolf \n</p>\n<p>\n  Shares of <a href=\"https://laohu8.com/S/UMAC\">Unusual Machines</a> jumped sharply Thursday after The Wall Street Journal reported that the Trump administration was in negotiations to fund multiple private-sector drone companies. \n</p>\n<p>\n  Unusual Machines was one of the companies the Pentagon identified for potential funding, the Journal reported, citing people familiar with the matter. The drone-parts supplier counts Donald Trump Jr. as an advisory board member. \n</p>\n<p>\n  Neither the Defense Department nor Unusual Machines immediately responded to Barron's requests for comment. \n</p>\n<p>\n  Unusual Machines stock surged 29% in premarket trading, having already soared 279% over the last 12 months. \n</p>\n<p>\n  The Iran war has highlighted the rise of drone warfare and piqued investors' interest in both drone and anti-drone technology. Earlier in the conflict, Iran deployed thousands of Shahed drones built at a fraction of the cost of U.S. equivalents. \n</p>\n<p>\n  Other drone stocks also were on the rise Thursday. <a href=\"https://laohu8.com/S/PLTR\">Palantir</a>-backed drone maker <a href=\"https://laohu8.com/S/ONDS\">Ondas</a> climbed 8.3%, <a href=\"https://laohu8.com/S/RCAT\">Red Cat</a> Holdings spiked 18%, and AeroVironment was up 9.8%. \n</p>\n<p>\n  Write to Nate Wolf at nate.wolf@barrons.com \n</p>\n<p>\n   This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 28, 2026 08:52 ET (12:52 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Trump-Linked Drone Maker May Get a Pentagon Deal. The Stock Surges 29%. -- Barrons.com</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Trump-Linked Drone Maker May Get a Pentagon Deal. The Stock Surges 29%. -- Barrons.com\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-05-28 20:52</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Nate Wolf \n</p>\n<p>\n  Shares of <a href=\"https://laohu8.com/S/UMAC\">Unusual Machines</a> jumped sharply Thursday after The Wall Street Journal reported that the Trump administration was in negotiations to fund multiple private-sector drone companies. \n</p>\n<p>\n  Unusual Machines was one of the companies the Pentagon identified for potential funding, the Journal reported, citing people familiar with the matter. The drone-parts supplier counts Donald Trump Jr. as an advisory board member. \n</p>\n<p>\n  Neither the Defense Department nor Unusual Machines immediately responded to Barron's requests for comment. \n</p>\n<p>\n  Unusual Machines stock surged 29% in premarket trading, having already soared 279% over the last 12 months. \n</p>\n<p>\n  The Iran war has highlighted the rise of drone warfare and piqued investors' interest in both drone and anti-drone technology. Earlier in the conflict, Iran deployed thousands of Shahed drones built at a fraction of the cost of U.S. equivalents. \n</p>\n<p>\n  Other drone stocks also were on the rise Thursday. <a href=\"https://laohu8.com/S/PLTR\">Palantir</a>-backed drone maker <a href=\"https://laohu8.com/S/ONDS\">Ondas</a> climbed 8.3%, <a href=\"https://laohu8.com/S/RCAT\">Red Cat</a> Holdings spiked 18%, and AeroVironment was up 9.8%. \n</p>\n<p>\n  Write to Nate Wolf at nate.wolf@barrons.com \n</p>\n<p>\n   This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 28, 2026 08:52 ET (12:52 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"UMAC","symbol_name":"Unusual Machines Inc","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2638931695","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2638931695","pubTimestamp":1779972720,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Unusual Machines jumped sharply Thursday after The Wall Street Journal reported that the Trump administration was in negotiations to fund multiple private-sector drone companies.Unusual Machines was one of the companies the Pentagon identified for potential funding, the Journal reported, citing people familiar with the matter. The drone-parts supplier counts Donald Trump Jr. as an advisory board member.Neither the Defense Department nor Unusual Machines immediately responded to Barron's requests for comment.Unusual Machines stock surged 29% in premarket trading, having already soared 279% over the last 12 months.The Iran war has highlighted the rise of drone warfare and piqued investors' interest in both drone and anti-drone technology. Earlier in the conflict, Iran deployed thousands of Shahed drones built at a fraction of the cost of U.S. equivalents.Other drone stocks also were on the rise Thursday. Palantir-backed drone maker Ondas climbed 8.3%, Red Cat Holdings spiked 18","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"UMAC":"Unusual Machines Inc","BK4603":"无人机概念股","BK4157":"电子设备和仪器"},"translate_title":"这家与特朗普有联系的无人机制造商可能会获得五角大楼的交易。该股飙升29%。——Barrons.com","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"UMAC":1.97},"content_text":"By Nate Wolf \n\n\n  Shares of Unusual Machines jumped sharply Thursday after The Wall Street Journal reported that the Trump administration was in negotiations to fund multiple private-sector drone companies. \n\n\n  Unusual Machines was one of the companies the Pentagon identified for potential funding, the Journal reported, citing people familiar with the matter. The drone-parts supplier counts Donald Trump Jr. as an advisory board member. \n\n\n  Neither the Defense Department nor Unusual Machines immediately responded to Barron's requests for comment. \n\n\n  Unusual Machines stock surged 29% in premarket trading, having already soared 279% over the last 12 months. \n\n\n  The Iran war has highlighted the rise of drone warfare and piqued investors' interest in both drone and anti-drone technology. Earlier in the conflict, Iran deployed thousands of Shahed drones built at a fraction of the cost of U.S. equivalents. \n\n\n  Other drone stocks also were on the rise Thursday. Palantir-backed drone maker Ondas climbed 8.3%, Red Cat Holdings spiked 18%, and AeroVironment was up 9.8%. \n\n\n  Write to Nate Wolf at nate.wolf@barrons.com \n\n\n   This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 28, 2026 08:52 ET (12:52 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}