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Likelihood of Chinese drone ban increases

MS Coast

That's MS as in Mississippi.
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Donald Trump, JR. has joined the board of Unusual Machines, a US drone manufacturer. He owns 331.850 shares. The share price has more than tripled since the announcement. Given the family connection, I think we can expect more pressure to enact a ban on Chinese drone imports.

“The need for drones is obvious. It is also obvious that we must stop buying Chinese drones and Chinese drone parts,” Trump Jr. said. “I love what Unusual Machines is doing to bring drone manufacturing jobs back to the USA and am excited to take on a bigger role in the movement.”

UMAC's web page looks like a new startup's. There's absolutely no mention of actual products, but the stock price is right at the top and uses the largest type font on the entire page. And it's quite odd that the summary displayed on search engines is in Spanish.


Screenshot 2024-11-29 115237.jpg
 
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"In February 2024 we acquired FPV market leader Fat Shark, which designs and manufactures ultra-low latency video goggles for drone pilots, and Rotor Riot, a drone-focused e-commerce marketplace backed by one of the largest communities of FPV drone pilots in the world. In short, Fat Shark makes the drone components and Rotor Riot sells them."

Source: Unusual Drones Overview


Given the family connection, I think we can expect more pressure to enact a ban on Chinese drone imports
Neither of the companies they purchased are selling DJI-like drones. It looks like they are targeting a completely different audience.

They continue by stating:

"We will partner with leading drone manufactures to act as a supplier of drone components. This will let us expand our sales to businesses as well as consumers and fully leverage our drone industry expertise."

So, they only want to build and sell drone components? That sounds like an okay idea to me.
 
DJI might want to consider building a manufacturing facility here in the USA.
 

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