Full Breakdown
Powerus Secures Pakistan Army Drone Deal Amid Merger with Trump-Linked Firm
By Drooid · · How we work
Core Event
Powerus, a U.S. developer of aerial and maritime drones, signed a memorandum of understanding with the Pakistan Army to supply unmanned aerial systems. The agreement includes an initial, undisclosed order and was formalized after a meeting at General Headquarters in Rawalpindi between Powerus representatives and Pakistan’s Chief of Army Staff, Field Marshal Syed Asim Munir. Concurrently, Powerus is advancing a merger with publicly listed Aureus Greenway Holdings, a company backed by an investment fund associated with Donald Trump Jr. and Eric Trump, with the transaction slated for completion in early October 2026.
Background & Context
The deal arrives as U.S.–Pakistan relations are being rebuilt after a period of diplomatic strain, with both governments seeking expanded economic and defence cooperation. Pakistan’s private defence sector is described as still developing, creating openings for foreign technology partners. Aureus Greenway Holdings’ backing comes from an investment fund that, once the merger closes, will own roughly 9.9 % of the combined entity. The merger is presented as a corporate restructuring rather than a conduit for political influence.
Official Statements & Responses
Powerus CEO Andrew Fox asserted that the contract was awarded on merit and that the Trump family’s investment plays no role in day-to-day operations or contract negotiations. Co-founder Brett Velicovich confirmed the MoU to Reuters but declined to disclose order details, citing security and confidentiality concerns. A spokesperson for Donald Trump Jr. described the former president’s son as a passive investor with no involvement in Powerus’s management, operations, or procurement activities.
Data & Statistics
- Investment fund to hold 9.9 % of the post-merger company.
- Merger expected to close in early October 2026 (scheduled future event).
- Financial terms of the drone order were not disclosed.
What’s Next
Stakeholders will watch the merger’s finalization in early October 2026 and the subsequent execution of the initial drone order. Powerus has indicated interest in exploring local manufacturing or joint-technology arrangements in Pakistan, which could shape future defence procurement and supply-chain dynamics in the region.