Aureus Greenway Holdings, a golf club company backed by the sons of U.S. President Donald Trump, announced its merger with drone technology company Powerus. The deal aims to take Powerus public.
This move marks another significant investment for Eric and Donald Trump Jr. in the drone sector. Drones are increasingly vital for military applications, including for the Pentagon and in conflicts like Ukraine, due to their effectiveness against dense air defenses.
The growing importance of drone technology has attracted substantial venture capital to related startups, benefiting companies like Anduril Industries and Shield AI.
Powerus, founded in 2025, specializes in heavy-lift drones capable of carrying payloads up to 675 kg. The company also provides services for converting manned boats into autonomous vessels.
Andrew Fox is expected to lead the combined company as CEO and chairman. Aureus is reportedly seeking to raise approximately $9 million in financing for the merger, with Dominari Securities assisting. Both Trump brothers hold roughly 6% stakes in Dominari Securities. The merger is expected to close by the end of 2026.