Aureus Greenway Holdings, a company associated with the golf industry and backed by Donald Trump’s sons, has announced plans to merge with drone technology firm Powerus. This strategic move aims to facilitate Powerus’s transition to a public entity.

The merger highlights the increasing interest of Eric and Donald Trump Jr. in the burgeoning drone sector, which has seen notable developments recently, including a significant $1.5 billion agreement between Israeli drone manufacturer XTEND and Florida’s JFB Construction Holdings.

Growing Interest in Drone Technology by the Pentagon

The United States Department of Defense has designated drones as a critical area for procurement, a trend that has intensified amid ongoing conflicts, such as the situation in Ukraine. The demand for drone technology has surged as traditional aircraft face challenges due to the presence of sophisticated air defense systems near active combat zones.

This shift in military strategy has led to increased investment from technology firms in Silicon Valley, propelling the valuations of numerous startups engaged in military-focused artificial intelligence and drone solutions.

Details on Powerus and Its Offerings

Established in 2025 by Andrew Fox, Powerus specializes in heavy-lift drone manufacturing and develops drones capable of transporting payloads weighing up to 675 kilograms. Additionally, the company provides services aimed at converting manned vessels into remotely operated or fully autonomous systems.

Under the terms of the proposed merger, Andrew Fox is positioned to serve as both the chief executive officer and chairman for the unified entity, according to an official filing.

Financial Plans Surrounding the Merger

As part of the merger preparations, Aureus Greenway Holdings has engaged Dominari Securities with the objective of securing approximately $9 million in financing. Notably, both Eric and Donald Trump Jr. are minority stakeholders in Dominari, each holding roughly 6% of the firm’s shares.

The structure of this financial arrangement underscores the ongoing connections between the Trump family’s business ventures and various sectors, including innovative technology industries.

Timeline and Terms of the Merger

Aureus has indicated that the merger remains subject to certain conditions and may be discontinued by either party if it fails to reach completion by the end of 2026. This timeline reflects the cautious approach that accompanies many mergers and acquisitions, particularly in dynamic sectors such as drone technology, where regulatory and operational challenges may arise during the consolidation process.

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