Golf Operator Aureus Greenway to Merge With Drone Firm Powerus, Raises $9M
Aureus Greenway, a Florida golf-course operator, will merge with Autonomous Power Corporation (Powerus) this summer and relaunch as Powerus Corporation, trading under ticker PUSA. The combined company raised $9 million at $3 per share from Unusual Machines, Agostinelli Group and investors Eric and Don Trump Jr.
1. Merger Agreement
Aureus Greenway signed a merger agreement with Autonomous Power Corporation (Powerus) to combine their operations under a unified corporate structure. The transaction is expected to close this summer, pending regulatory approvals and shareholder consents.
2. Rebranding and Ticker
Post-merger, the company will adopt the name Powerus Corporation and commence trading on Nasdaq under the ticker PUSA. This rebranding aligns the business with its focus on domestic drone development and commercialization.
3. Trump Family Investment
Eric Trump and Don Trump Jr. are listed as notable investors in the combined company, each holding roughly 6% stakes through Dominari Securities and affiliated ventures. Don Jr. additionally serves on the advisory board of Unusual Machines, reinforcing the Trump family’s involvement in the drone sector.
4. Financing Details
Aureus Greenway completed a private placement raising approximately $9 million at $3 per share, with participation from Unusual Machines, Agostinelli Group and other strategic investors. Proceeds are earmarked to support integration of drone operations and accelerate commercial deployments.