US Edition
Trump Sons Back New Drone Company
Donald Trump Jr. and Eric Trump back Powerus to produce up to 10,000 drones monthly aiming for Pentagon contracts after the U.S. banned foreign-made drones, officials said.
- Aureus Greenway Holdings Inc. and Autonomous Power Corporation have entered into a merger agreement to form Powerus Corporation, which will manufacture autonomous drones for military and commercial use.
- Powerus has secured an additional $50 million investment from the Korea Climate & Governance Improvement Fund and issued shares to investors.
- Powerus, supported by Eric Trump and Donald Trump Jr., plans to list on the stock market through a reverse merger with Aureus Greenway Holdings.
36 Articles
36 Articles
The military drone industry is going through a phase of accelerated expansion, driven by new strategic priorities in the United States. In this context, Powerus, a relatively new company that seeks to position itself as one of the Pentagon’s key suppliers, emerged. The project has the support of Eric Trump and Donald Trump Jr., children of the U.S. President.
Trump Family's Strategic Drone Bet: Inside the $59M Powerus Merger
Donald Trump Jr. and Eric Trump have taken stakes in a Florida drone startup pitching itself to the Pentagon; a bet that places the president's sons in direct financial alignment with a defence market their father's administration has spent the past nine months constructing through executive orders, a sweeping ban on Chinese drone imports, and an active military campaign against Iran. On 9 March 2026, Aureus Greenway Holdings Inc. (Nasdaq: AGH),…
Eric and Donald Trump Jr extend their portfolio of investments to defence technologies. Their entry into the capital of Powerus, specialized in drones with military potential, revives critics against the presidential family.
A company related to Donald Trump's two biggest sons will invest in an American independent drone producer, some of which, according to a monthly press release, is a new illustration of the diversification of Eric and Donald Jr's activities, which has already brought them into conflict of interest, reports AFP.
Trump's Sons Invest In Drone Firm Amid Escalating US-Iran War
Donald Trump's sons are backing a new business venture to produce autonomous drones, including defense systems, adding to conflict-of-interest questions as the US president directs military operations in Iran.
Coverage Details
Bias Distribution
- 48% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
