Last mentioned: 5d ago
Pentagon Deployment Goal
Deadline for the deployment of 200,000 drones under the Drone Dominance initiative.
Nasdaq Listing
Target window for the merged entity to begin trading on the Nasdaq.
Nasdaq Target
Projected date for the combined entity to begin trading under the Powerus name.
Merger Announcement
Aureus Greenway Holdings and Powerus announce strategic reverse merger.
Merger Announcement
AGH announces reverse merger with Powerus, revealing the Trump brothers as key investors.
Middle East Escalation
U.S. and Israeli military strikes on Iran increase demand for autonomous defense systems.
Eric Trump and Donald Trump Jr. have orchestrated a reverse merger between their golf-course firm Aureus Greenway Holdings and drone manufacturer Powerus. The move targets a $1.1 billion Pentagon initiative to deploy 200,000 drones by 2027 while leveraging battlefield-proven Ukrainian technology.
Eric Trump and Donald Trump Jr. have emerged as key investors in Powerus, an autonomous drone manufacturer merging with publicly traded Aureus Greenway Holdings (AGH). The venture aims to scale production to 10,000 units monthly to meet surging Pentagon demand amid heightened geopolitical tensions in the Middle East.