NextEra Energy stock rises after Google power deal report
BUFFALO, N.Y. - Allient Inc. (NASDAQ:ALNT), a $822 million market cap company whose stock has surged 161% over the past year, announced Friday it is expanding its capabilities to serve the drone industry, building on its existing technologies and global manufacturing network.
The company, which designs and manufactures specialty motion, controls and power products, said it will focus on delivering tailored solutions for unmanned aerial systems (UAS), including propulsion motors, electronic speed controllers, gimbals, propellers and power solutions.
"By delivering tailored solutions, we enable our customers to achieve their next breakthrough in drone applications," said Richard S. Warzala, Chairman, President and CEO of Allient, in a press release statement.
The company manufactures more than 5 million motors annually and offers drone-specific solutions including motors ranging from 43mm to 148mm in diameter, various motor winding options, and lightweight drive electronics manufactured in the USA.
Allient highlighted that its components meet defense application standards and can be customized for military drone platforms. The company’s offerings also include intelligent diagnostics capabilities and high-performance autopilot communication compatibility with systems like DroneCAN, Ardupilot, and Piccolo.
The Buffalo-based firm employs over 2,500 people globally and serves various industries including medical, aerospace and defense, industrial automation, and transportation. With annual revenue of $520 million and a GOOD overall financial health score from InvestingPro, the company appears well-positioned to execute its expansion plans.
In other recent news, Allient Inc. reported strong financial results for the second quarter of 2025, surpassing analysts’ expectations. The company achieved an earnings per share (EPS) of $0.57, which was higher than the forecasted $0.48. Additionally, Allient’s revenue reached $139.6 million, exceeding the projected $132.1 million. These results have been positively received by investors, indicating a solid performance and potential future growth. The company’s ability to outperform market predictions highlights its operational efficiency and effective strategy. While the stock surged following the announcement, the focus remains on the impressive earnings and revenue figures. These developments are part of the latest updates concerning Allient Inc.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
