
Trump-Backed Drone Company Merging with Golf Firm
About this episode
Powerus, a Florida drone company backed by Trump family members, is merging with a public golf course firm to go public on Nasdaq. The company aims to ramp up American-made drones amid a federal ban on Chinese models and rising military needs. With the Pentagon planning to spend billions on US-built small drones, Powerus has acquired three smaller drone makers and targets over ten thousand units a month. The company positions itself as a key player in securing US supply chains for defense, infrastructure, and emergencies.
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US News Today | 2 Min News | The Daily News Now! — Trump-Backed Drone Company Merging with Golf Firm. Machine-transcribed; use the interactive transcript above to jump the player to any line.
On March 9th, a Florida drone company backed by Air Trump and Donald Trump Jr. is merging with a public golf course firm to go live on Nasdaq. Soon, powers aims to ramp up American-made drones amid the federal ban on Chinese models and rising military needs. The Pentagon's drone dominance push plans to spend roughly $1.1 billion on hundreds of thousands of US-built small drones by 20-27. This follows recent policies blocking new Chinese drones from the market. Trump linked investors, including an American Ventures fund and a drone parts firm where Don Jr. serves on the board, are fueling the deal. A South Korean fund added $50 million, helping power use scale fast. The company has snapped up three smaller drone makers in the last six months and targets over 10,000 units a month. It builds aerial and sea drones for heavy loads, wildfires, and more, while eyeing partnerships for battle-tested tech from abroad. With drones set to boom across defense, infrastructure, and emergencies, power risk positions
itself as a key player in securing US supply chains.
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