US drone firms gain as Trump announces tariffs on drone imports

Unusual Machines

14/08/2026 09:57

** Shares of some U.S. drone companies rise in premarket trading
** Unusual Machines UMAC.A shares up 15%, Red Cat HoldingsRCAT.O adds 8%, AerovironmentAVAV.O  gains 3%
** Other firms including Aureus Greenway Holdings PUSA.O adds 5.2%, Kratos Defense & Security Solutions KTOS.O advances 1.5%
** U.S. President Donald Trump said on Thursday he will impose tariffs on imports of drones and their components, including from some key U.S. allies
** Tariffs will take effect in 21 days, the White House said
** For components of drones that are not particularly sensitive, the tariffs will take effect 180 days after signing, it said


 (Reporting by Sudeshna Ghoshal in Bengaluru)
 ((Sudeshna.Ghoshal@thomsonreuters.com;))