Florida-based drone manufacturer Powerus is actively pitching defensive interceptor technology to Gulf nations while securing equity stakes for Eric Trump and Donald Trump Jr. amid ongoing regional conflicts.
Key Points
- Powerus is conducting drone demonstrations across the Middle East to help Gulf countries defend against Iranian attacks.
- The company recently raised $60 million and is pursuing a reverse merger with a Nasdaq-listed Trump-owned entity to go public.
- Powerus aims to compete for a $1.1 billion Pentagon fund designated for domestic drone manufacturing and defense technology.
- Co-founder Brett Velicovich stated the company’s mission is to bolster U.S. manufacturing and counter drone advancements from China and Russia.
- Ethics experts have raised concerns regarding potential conflicts of interest involving the president's sons profiting from military-related contracts during wartime.