Acquiring Company
Aureus Greenway Holdings
Acquired Company
Powerus
Description
US drone maker Powerus is set to merge with publicly traded Aureus Greenway Holdings, backed by Donald Trump’s sons. This merger, expected to finalize in early October, aims to enhance the companies' capabilities in defense technology. Powerus has been actively engaging with the Pakistan Army through a recent agreement. Key executives shared insights on the growth and direction of the company amid geopolitical developments.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Powerus?
Powerus was acquired by Aureus Greenway Holdings, based in Kissimmee. The deal was reported on September 17, 2026. Aureus Greenway Holdings Inc. is a Nevada-based corporation engaged in innovative energy solutions. The company focuses on leveraging technology for sustainable energy production. Aureus Greenway Holdings is publicly traded (PUSA) and operates in Energy.
When did Aureus Greenway Holdings acquire Powerus?
Aureus Greenway Holdings's acquisition of Powerus was reported on September 17, 2026. US drone maker Powerus is set to merge with publicly traded Aureus Greenway Holdings, backed by Donald Trump’s sons. This merger, expected to finalize in early October, aims to enhance the companies' capabilities in defense technology. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Powerus do?
A Florida-based drone company focusing on manufacturing drones. They aim to produce over 10,000 drones a month. The company emerged as a key player following restrictions on foreign drones. CEO Andrew Fox emphasizes potential growth in the drone market. It is privately held, operating in Manufacturing, and is based in Florida.
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