Unusual Machines Acquires Rotor Lab
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current Rotor Lab CEO Andrew SimpsonTipRanks
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Technology
Unusual Machines to acquire Rotor Lab in $7M all-stock deal

83% Informative
Unusual Machines ( UMAC ) announced it has signed a definitive agreement, effective June 12 , to acquire Rotor Lab , an Australian developer and manufacturer of electric motors and propulsion systems for unmanned aerial systems.
The proposed acquisition is substantially an all-stock deal valued at $7M.
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