J-Star Holding Negotiates Acquisition of Texas Drone Manufacturing Facility

Key Facts

1J-Star Holding Co., Ltd. is negotiating the acquisition of a facility in the Greater Houston area to support U.S. drone-frame production.

2The company plans to contribute proprietary composite technology and engineering expertise to organize an independent Texas-based manufacturing platform.

J-Star Holding Co., Ltd. is negotiating the acquisition of a facility in the Greater Houston area to support U.S. drone-frame production. Reuters reported that the company plans to contribute its proprietary composite technology and engineering expertise to organize an independent Texas-based manufacturing platform.

YMAT closed at $1.31 on October 16, 2026, with the stock trading between a low of $1.28 and a high of $1.55 during that session. The move represents a strategic effort to localize drone-frame production in the U.S. market by leveraging the company's specialized engineering capabilities.