
Aureus Greenway Holdings
Nasdaq-listed shell company (ticker AGH) merging with Powerus to create a drone defence firm under ticker PUSA.
Last refreshed: 13 April 2026 · Appears in 1 active topic
Will the Powerus reverse merger turn Gulf drone demand into Nasdaq gains?
Timeline for Aureus Greenway Holdings
Mentioned in: Trump sons' drone firm eyes Gulf deals
Drones: Industry & DefenceBackground
Aureus Greenway Holdings is a Nasdaq-listed holding company serving as the acquisition vehicle for Powerus's planned public listing. Under the proposed reverse merger, Powerus, the drone interceptor company backed by Donald Trump Jr. and Eric Trump, will combine with Aureus Greenway to list on Nasdaq under the ticker PUSA. The arrangement follows a common pattern for defence-tech firms seeking public markets without a traditional IPO, using an existing listed shell to fast-track access to capital.
Aureus Greenway's role is structural rather than operational: it provides the listed entity into which Powerus merges, giving the combined business immediate access to public market capital. The Trump sons' investor profile and co-founder Brett Velicovich's Gulf demonstration tour suggest the merged entity is positioning aggressively for Gulf defence contracts at a moment when Iranian drone attacks have created acute demand for interceptor systems. KCGI, a private investment firm, has committed $50 million to Powerus alongside the merger.