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Drone Company Backed by Trump Sons Merges with Golf Course Operator
The new company, Powerus Corporation, aims to expand American drone manufacturing amid geopolitical tensions.
Published on Mar. 10, 2026
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Aureus Greenway Holdings Inc. (AGH), a golf course operator, has announced a reverse merger agreement with American drone company Powerus. The merged company, Powerus Corporation, will be backed by investments from President Trump's sons Eric Trump and Donald Trump Jr. through their firm American Ventures. The move comes as the U.S. government cracks down on foreign-made drone sales, providing an opportunity for domestic manufacturers like Powerus to expand.
Why it matters
This merger highlights the growing importance of drone technology in modern security and infrastructure, as well as the Trump family's continued involvement in industries impacted by geopolitical tensions and government policies. The new company's focus on American leadership and manufacturing aims to capitalize on the administration's efforts to limit foreign drone sales in the U.S.
The details
Powerus, co-founded by former U.S. Army Special Operations veterans, builds autonomous drone systems for military and commercial use. AGH owns and operates two public golf country clubs in Orlando, Florida. The Wall Street Journal reported that Eric Trump and Donald Trump Jr. are financially backing the initiative through investments from American Ventures and drone parts manufacturer Unusual Machines. Dominari Securities, the Trump brothers' investment bank, is also involved in the transaction.
- On Monday, March 10, 2026, AGH announced the reverse merger agreement with Powerus.
- The Trump administration recently decided to crack down on the sale of new foreign-made drones in the U.S., citing security risks.
The players
Aureus Greenway Holdings Inc. (AGH)
A golf course operator that owns and operates two public golf country clubs in Orlando, Florida.
Powerus
An American drone company co-founded by former U.S. Army Special Operations veterans, which builds autonomous drone systems for military and commercial use.
Eric Trump
One of President Trump's sons, who is financially backing the Powerus initiative through investments from American Ventures.
Donald Trump Jr.
One of President Trump's sons, who is financially backing the Powerus initiative through investments from American Ventures.
Dominari Securities
The Trump brothers' investment bank, which is involved in the Powerus transaction.
What they’re saying
“We believe strongly in the critical importance of building this technology here in America. Drone technology is increasingly central to modern security and infrastructure, and America must lead in this critical area.”
— Kyle Wool, President, Dominari Holdings (Press release)
“This business combination is not just a compelling opportunity for AGH stockholders, but one made even more relevant by current geopolitical uncertainties. Powerus brings a disciplined strategic framework, a leadership team with a track record of building public companies, and an opportunity to expand manufacturing across two of the world's most capable industrial economies.”
— Matthew Saker, Interim Chief Executive Officer, Aureus Greenway Holdings Inc. (Press release)
What’s next
The merged company, Powerus Corporation, will focus on expanding American drone manufacturing capabilities to capitalize on the U.S. government's crackdown on foreign-made drone sales.
The takeaway
This merger highlights the Trump family's continued involvement in industries impacted by geopolitical tensions and government policies, as well as the growing importance of domestic drone manufacturing in the U.S. security and infrastructure landscape.
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