WASHINGTON – Eric Trump and Donald Trump Jr., sons of the U.S. President, are financially backing a new drone manufacturing company seeking to capitalize on increased military demand driven by conflict and restrictions imposed by Washington on drones manufactured in China, according to The Wall Street Journal.
The company, named Powerus, plans to enter the U.S. Stock market through a merger with Aureus Greenway Holdings, a publicly traded golf club company supported by the two sons. The deal, announced this week, will be structured as a reverse merger allowing the technology firm to list on the Nasdaq index in the coming months.
Company executives stated, as reported by The Wall Street Journal, that the project aims to develop and produce drones for the U.S. Military, with the ambition of securing contracts from the Pentagon at a time when the government is accelerating the acquisition of this type of military technology.
The growth of the sector coincides with the increase in military operations by the United States and its allies in the Middle East and the growing importance of unmanned systems in modern conflicts. Drones have grow central to contemporary military strategies, particularly in scenarios where air defense systems limit the use of conventional aircraft.
The war in Ukraine served as a key testing ground for this technological shift. In that conflict, Ukrainian forces used reconnaissance and attack drones on a large scale to offset Russian air superiority, leading U.S. Military planners to accelerate investments in autonomous systems.
the new company backed by the Trumps intends to position itself as a supplier to the Department of Defense with an offering that includes heavy-lift drones and autonomous technology.
Powerus was founded in 2025 by technology entrepreneur Andrew Fox. The company also offers services to transform manned boats into remotely operated or fully autonomous vessels.
If the financial operation is completed, Fox will become chief executive officer and chairman of the combined company, according to a regulatory filing by Aureus Greenway. The total value of the transaction was not disclosed.
Powerus’s expansion plan includes the possible acquisition or integration of drone technology developed in Ukraine, a country that has innovated in unmanned systems since the 2022 Russian invasion. The company believes this knowledge could be adapted to produce models for the U.S. Armed forces.
The initiative is part of a broader investment strategy by the Trump sons in the drone and military technology sector. Last month, they participated in a $1.5 billion alliance between Israeli drone manufacturer XTEND and Florida-based JFB Construction.
The sector’s expansion is also attracting significant capital from technology companies and investment funds in Silicon Valley interested in artificial intelligence applied to the military field. Companies such as Anduril Industries and Shield AI have received substantial investments.
The initiative occurs as Washington attempts to reduce its dependence on Chinese technology in strategically crucial areas. In recent years, the U.S. Government has imposed restrictions on drones manufactured by Chinese companies for national security reasons, creating opportunities for domestic manufacturers.
Frequently Asked Questions
What is Powerus?
Powerus is a newly created drone firm founded in 2025 by Andrew Fox, specializing in heavy-lift drones capable of carrying up to 675 kilograms.
How will Powerus become publicly traded?
Powerus will become publicly traded through a merger with Aureus Greenway Holdings, a publicly traded golf club company.
What is the goal of Powerus?
The goal of Powerus is to develop and produce drones for the U.S. Military and to become a supplier to the Department of Defense.
As drone technology continues to evolve, will the U.S. Be able to maintain a competitive edge in both development and deployment?
