US Stock Market Move | Concept stocks of drones soar collectively, Unusual Machines (UMAC.US) surges more than 46%

On Thursday, the concept stocks of drones surged collectively, with Unusual Machines (UMAC.US) soaring more than 46%, Red Cat Holdings (RCAT.US) rising more than 26%, Ondas (ONDS.US), Draganfly (DPRO.US) rising more than 19%, and Swarmer (SWMR.US) up more than 9%. On the news front, there were reports that the Trump administration is in talks to provide financing for some American drone companies. According to public information, Unusual Machines is an American company that manufactures and sells drones and drone components, and the company has ties to Donald Trump Jr. In January 2026, the company announced a $2.1 million purchase order to provide domestically assembled drone system components for defense and government applications. In December 2025, it established a strategic supply relationship with defense technology company Performance Drone Works (PDW) and received an initial order of $3.75 million to support its FPV drone project.