Bank of New York Mellon Corp purchased a new stake in Unusual Machines, Inc. The institution disclosed the acquisition of 134,477 shares in a September 7, 2026, filing with the Securities and Exchange Commission.
The investment is valued at approximately $2,999,000. This transaction grants Bank of New York Mellon Corp a 0.28% ownership stake in the drone component supplier.
The move positions a major financial institution among shareholders as the U.S. drone industry expands. Other large investors have also recently established or increased their positions in the company.