"Following the transaction, these properties are expected to continue operations and may serve as proving grounds for Powerus precision agriculture drone systems. The release said that drone maker, Powerus, builds and scales autonomous drone systems for military and commercial use in high-risk environments, adding that the merged company will support American drone industry dominance through strategic defense partnerships."
"Forbes reported, Unusual Machines is at least the second company that appears to have activated an advisory board specifically to give a Trump a role and granting him shares worth millions—then announcing at least $15.2 million in military-linked orders, including a direct U.S. Army buy."
"Eric Trump posted to X last week, Drones are the wave of the future Proud of this company and the work that they are doing to keep America safe, and included a link to another drone maker he invests in, Israeli company Xtend."
Powerus, a military drone company with Donald Trump Jr. and Eric Trump as notable investors, is merging with Aureus Greenway Holdings, a Florida-based golf course operator, to create a publicly traded company. The merged entity will operate golf courses while developing autonomous drone systems for military and commercial use. This merger represents the latest in a pattern of military-grade drone companies with ties to Trump's sons targeting sales to the Trump administration. Eric Trump has publicly promoted drone technology investments, including Israeli company Xtend. Donald Trump Jr. serves on the board of Unusual Machines, which has secured at least $15.2 million in military-linked orders including direct U.S. Army purchases. Additionally, Trump Jr.'s investment firm holds a major stake in Anduril Industries, a defense technology company.
#trump-family-investments #military-drone-companies #defense-contracts #corporate-mergers #conflict-of-interest
Read at www.mediaite.com
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