(AP Photo/Jacqueline Martin)
A military drone company that counts the president’s son, donald trump jr. and Eric Trump, as a “prominent investor” announces a bizarre merger with “golf course operator” Aureus Greenway Holdings to form a public company.
“Aureus Greenway Holdings Inc. owns and operates golf course properties in Florida, including Kissimmee Bay Country Club and Remington Golf Club in the greater Orlando area,” the merger press release said. “Upon completion of the transaction, these properties are expected to remain operational and may serve as a testing ground for Powerus precision agriculture drone systems.”
Drone maker Powerus “builds and scales autonomous drone systems for military and commercial use in high-risk environments,” the release said, adding that the combined company will “support the dominance of the U.S. drone industry” through “strategic defense partnerships.”
The announcement marks the latest military-grade drone company linked to Eric and Don Jr. with the goal of selling to the Trump administration.
Eric Trump posted on X last week that “Drones are the wave of the future – so proud of this company and the work they do to keep America safe,” along with a link to another drone manufacturer he has invested in, Israeli company Xtend.
Donald Trump Jr. serves on the board of directors of drone manufacturer Unusual Machines.
Forbes reports that “Unusual Machines is at least the second company to set up an advisory board specifically for Trump” and “grant him millions of dollars worth of stock before announcing at least $15.2 million in military-related orders, including a direct purchase by the U.S. Army.”
In addition, Don Jr.’s investment company 1789 Capital also holds a major stake in Anduril Industries, a defense company with a mission to “leverage advanced technology to transform defense capabilities.”
The U.S. Army confirmed to Forbes that it had ordered drones related to Trump Jr., but Unusual Machines “did not disclose the price charged to U.S. taxpayers for the order.”
Forbes estimates Don Jr. is now worth about $500 million, while Eric is worth an estimated $400 million.
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