Trump's sons invest in companies vying to fill gaps in US drone industry [Yahoo! Finance]
Aureus Greenway Holdings Inc. (AGH)
Company Research
Source: Yahoo! Finance
Aureus Greenway Holdings Inc., a golf course holding company backed by the two eldest Trump sons, is merging with drone producer Powerus Corporation, the companies announced Monday in a release that names Eric and Donald Jr. as “notable investors.” “We're huge fans of our backers,” said Brett Velicovich, a co-founder of Powerus. “Eric and Don Jr. have been just fantastic supporters behind the scenes. They see the need for us to build drone technology at scale.” Their investment will enable Powerus to create a manufacturing strategy and acquire other drone technology companies, Velicovich said. Pentagon acknowledges tough quest to counter Iranian drones Matthew Saker, the interim chief executive officer of Aureus Greenway Holdings, said in a statement that the merger was a “compelling opportunity” made “even more relevant by current geopolitical uncertainties.” “The need for and uses of autonomous technologies, such as those produced by Powerus, are front page news given dev
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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
- 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
- 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
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