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New American Drone and Defense Company to be Created Through Merger of Powerus and Aureus Greenway Holdings

- Notable Investors of Combined Company Include American Venture Partners Eric Trump and Donald Trump Jr.; Additional Support from Leading U.S. Drone Manufacturer Unusual Machines (“UMAC”) and a Strategic $50 Million Investment - Combination Advances American Domination of Drone Industry and Autonomous Systems Innovation WEST PALM BEACH, Fla., March 09, 2026 (GLOBE NEWSWIRE) -- Aureus Greenway Holdings Inc. (Nasdaq: AGH) today announced that AGH and Autonomous Power Corporation, doing business a

articleAureus Greenway Holdings Inc.March 9, 202611/company/aureus-greenway-holdings-inc-common-stock/news/new-american-drone-and-defense-company-to-be-created-through-merger-of-powerus-and-aureus-greenway-holdings
New American Drone and Defense Company to be Created Through Merger of Powerus and Aureus Greenway Holdings

About this update from Aureus Greenway Holdings Inc.

[{"type":"text","content":"- Notable Investors of Combined Company Include American Venture Partners Eric Trump and Donald Trump Jr.; Additional Support from Leading U.S. Drone Manufacturer Unusual Machines (“UMAC”) and a Strategic $50 Million Investment","length":227,"tagName":"p"},{"type":"text","content":"- Combination Advances American Domination of Drone Industry and Autonomous Systems Innovation","length":94,"tagName":"p"},{"type":"text","content":"WEST PALM BEACH, Fla., March 09, 2026 (GLOBE NEWSWIRE) -- Aureus Greenway Holdings Inc. (Nasdaq: AGH) today announced that AGH and Autonomous Power Corporation, doing business as Powerus (www.Power.us), a company co-founded by former U.S. Army Special Operations veterans that builds and scales autonomous drone systems for military and commercial use in high-risk environments, have entered into a definitive merger agreement. Upon completion of the merger, the combined company will operate under the name Powerus Corporation and work to support American drone industry dominance through domestic manufacturing, autonomous systems innovation, and strategic defense partnerships. AGH shares will continue to trade under the ticker “AGH” until completion of the transaction.","length":774,"tagName":"p"},{"type":"text","content":"Powerus is led by a founding team whose expertise is shaped through years of battlefield operational experience deploying drone technology in active conflict environments worldwide. Its wholly owned subsidiaries, Kaizen Aerospace, Inc., Tandem Defense LLC, and Agile Autonomy LLC, provide specialized capabilities across heavy-lift unmanned aerial systems capable of 500lb+ payloads, tactical defense platforms, and maritime surveillance systems. Backed by U.S.-based manufacturing and a leadership team with demonstrated experience in scaling companies from formation through public markets, this alignment around American drone development, manufacturing, and deployment underscores a strategic rationale for the combination and the growing institutional recognition of autonomous systems as a defining infrastructure investment.","length":831,"tagName":"p"},{"type":"text","content":"“Powerus was built by individuals who have spent years operating in active combat environments where this technology must perform,” said Brett Velicovich, Co-Founder of Powerus and a former U.S. Army special operations ve...

More updates from Aureus Greenway Holdings Inc.

Aureus Greenway Holdings Inc.AGHautonomous systemsCombined CompanyPowerus Corporation