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Trump admin is in talks to give equity/debt funding to U.S. drone companies (Unusual Machines, Neros Technologies, Performance Drone Works) to scale domestic manufacturing and hit a ~$5K/unit cost target.
It’s part of the Pentagon’s $1.1 billion “Drone Dominance” program targeting 300,000 low-cost attack drones by end of 2027.
Stocks surged 33–57% on the news.
Trump Jr. is an adviser and shareholder in Unusual Machines, raising conflict-of-interest questions.
Source: WSJ