Golf club firm owned by Trump's sons merges with drone manufacturer

Source: The Guardian

A golf club company backed by the sons of Donald Trump is merging with drone manufacturer Powerus in a deal designed to take the drone technology company public.

The merger with Aureus Greenway Holdings is the latest in Eric and Donald Trump Jr’s growing investments in the drone sector, following last month’s $1.5bn tie-up between Israeli drone maker XTEND and Florida-based JFB Construction Holdings. Drones have become a major procurement priority for the Pentagon and are widely used in Ukraine, where dense air defense systems near the front lines limit the deployment of conventional aircraft.

This growing reliance has also drawn significant Silicon Valley funding into drone and military artificial intelligence startups, boosting valuations of US companies such as Anduril Industries and Shield AI.

Powerus, which was formed in 2025 by Andrew Fox, makes heavy-lift drones that can carry industrial payloads up to 675kg. The company also offers services to transform existing manned boats into remotely operated or fully autonomous vessels.

Read more: https://www.theguardian.com/business/2026/mar/09/trump-family-business-drones-merger