Powerus targets Pentagon drone demand ahead of Trump-backed public listing

  • Powerus plans to go public by merging with Nasdaq-listed Aureus Greenway Holdings.
  • American Ventures is expected to hold a 9.9% stake in the combined company.
  • Powerus reported $1.2 million in first-quarter sales after having no revenue operations at 2026’s start.

Powerus, a U.S. drone startup, plans to go public in early October through a merger with Nasdaq-listed Aureus Greenway Holdings, a golf course owner and operator backed indirectly by Donald Trump Jr. and Eric Trump. Their investment fund, American Ventures, is expected to hold a 9.9% beneficial ownership stake in the combined company, while the brothers are described as passive investors with no operational role. Powerus aims to become a U.S. partner for overseas defense technology, particularly from Ukraine, as Pentagon and international demand for drones increases after the war in Ukraine highlighted autonomous systems. The company is pursuing acquisitions, foreign partnerships and domestic manufacturing, and is in talks with Ukrainian defense technology firms about adding capabilities such as long-range attack drones. Powerus remains early-stage: it reported first-quarter sales of $1.2 million after having no revenue-generating operations at the start of 2026. It has announced a U.S. Air Force award worth up to $90 million, a $22.3 million Middle East infrastructure-protection deal, and initial defense cooperation arrangements in Pakistan.

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