New drone maker partly owned by Trump sons hopes to win Pentagon contracts [Yahoo! Finance]
Aureus Greenway Holdings Inc. (AGH)
Company Research
Source: Yahoo! Finance
Powerus is flush with cash and ballooning in size as it buys up rivals and has one other advantage: It is partly owned by President Donald Trump's two oldest sons. The Trump family has drawn criticism for expanding its real estate business into foreign countries that are trying to curry favor with the president and for making billions of dollars off cryptocurrency ventures benefiting from his policies. Grabbing less attention are new ownership stakes in federal contractors providing everything from rocket parts and rare earth magnets to AI chips and computer hardware. The latest Trump venture is hoping to win some of the $1.1 billion set aside by the Pentagon to build up a U.S. manufacturing base for armed drones now that the Trump administration put a ban on importing them from China. Powerus says there is no problem with it bidding for government money that could make the president's sons richer. “There's no conflict there. Whatever they're doing, is what they're doing,” sa
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AGH
News
- Autonomous Warfare Takes Flight: Military Drone Market Set for Explosive Growth Through 2030PR Newswire
- 1 Trump-Linked Drone Stock to Buy Now Amid Middle East Conflict [Yahoo! Finance]Yahoo! Finance
- Aureus Greenway Holdings Inc. Announces Closing of $9.0 Million Private PlacementGlobeNewswire
- Eric Trump Touts Drone Investment After Report Suggests He And Don Jr. Are Backing Powerus, A Startup Vying To Fill The Void Left By China Ban [Yahoo! Finance]Yahoo! Finance
- Eric and Donald Trump Jr merging one of their golf course companies with military drone maker [Yahoo! Finance]Yahoo! Finance
AGH
Sec Filings
- 3/11/26 - Form SCHEDULE
- 3/11/26 - Form 8-K
- 3/9/26 - Form 425
- AGH's page on the SEC website