Powerus Qualifies for Phase II of $1B Pentagon Drone Program, Nasdaq Listing Planned
PUSA•Powerus’ MatrixFold Dual-Use Attack Drone qualified for Phase II of the Pentagon’s $1 billion Drone Dominance Program, advancing to production and delivery testing targeted for June 2026. The company’s proposed merger with Aureus Greenway Holdings will list Powerus on Nasdaq under the PUSA ticker upon expected summer 2026 closing.
1. Company Selection for Pentagon Program
Powerus’ MatrixFold Dual-Use Attack Drone has secured qualification for the Phase II Qualifier of the Department of Defense’s $1 billion Drone Dominance Program, marking the company’s entry into a major procurement initiative designed to field tens of thousands of low-cost, one-way attack drones.
2. Phase II Testing and Delivery Timeline
Following qualification, Powerus must complete a production and delivery test to demonstrate manufacturing readiness, participate in the Gauntlet II capability assessment, and deliver sample orders to the Pentagon, with the Phase II Qualifier window set for June 2026 and full program decisions expected later in 2026.
3. Merger with Aureus Greenway and Nasdaq Listing
Powerus has entered a merger agreement with Aureus Greenway Holdings, under which it will become the surviving entity and list on Nasdaq under the PUSA ticker, pending customary closing conditions and regulatory approvals targeted for completion in summer 2026.
