Trump brothers-backed Aureus to merge with drone maker Powerus [Yahoo! Finance]
Aureus Greenway Holdings Inc. (AGH)
Company Research
Source: Yahoo! Finance
March 9 (Reuters) - Aureus Greenway Holdings, a golf club company backed by the sons of U.S. President Donald ?Trump, said it will merge with Powerus in a ?deal designed to take the drone technology company public. The transaction is the latest ?in Eric and Donald Trump Jr.'s growing investments in the drone sector, following last month's $1.5 billion tie-up between Israeli drone maker XTEND and Florida-based JFB Construction Holdings. Drones have become a major ?procurement priority for the ?Pentagon and are widely used in Ukraine, where dense air defense systems near the front lines ?limit the deployment of conventional aircraft. This growing reliance has also drawn significant Silicon Valley funding into drone and military artificial ?intelligence startups, ?boosting valuations of U.S. companies ?such as Anduril Industries and ?Shield AI. Powerus, which was formed in 2025 by Andrew Fox, makes heavy-lift drones that can carry industrial payloads up to 675 kg. The company al
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AGH
News
- Aureus Greenway Holdings Inc. Announces $20 Million Bridge Loan to Powerus [Yahoo! Finance]Yahoo! Finance
- 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
- New drone maker partly owned by Trump sons hopes to win Pentagon contracts [Yahoo! Finance]Yahoo! Finance
- Aureus Greenway Holdings Inc. Announces Closing of $9.0 Million Private PlacementGlobeNewswire
AGH
Sec Filings
- 3/23/26 - Form 8-K
- 3/11/26 - Form SCHEDULE
- 3/11/26 - Form 8-K
- AGH's page on the SEC website