Company backed by Trump sons looks to sell drone interceptors to Gulf states being attacked by Iran

Company backed by Trump sons looks to sell drone interceptors to Gulf states being attacked by Iran

AP News nation

Key Points:

  • Powerus, a Florida-based drone maker backed by Donald Trump’s two oldest sons, is actively marketing its defensive drone technology to Gulf countries currently under threat from Iran and reliant on U.S. military support led by their father.
  • The Trump brothers’ involvement with Powerus includes sizable equity stakes, raising ethical concerns about profiting from a conflict initiated by their father without congressional approval, as noted by former White House ethics lawyer Richard Painter.
  • Powerus, founded by U.S. Army Special Operations veterans, is expanding from commercial drone applications to military uses and aims to capitalize on a $1.1 billion Pentagon fund to boost U.S. armed drone manufacturing, especially after the Trump administration banned Chinese imports.
  • The company recently secured $60 million in investment and plans a reverse merger with a Trump-owned publicly traded company to quickly go public, while the Trump Organization has declined to comment on potential conflicts of interest related to the sons’ drone business.
  • Eric Trump has publicly expressed pride in investing in drone technology, calling it “the wave of the future,” and Powerus emphasizes its mission to help the U.S. compete with Chinese and Russian drone manufacturers amid ongoing geopolitical tensions.

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