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Trump sons invest in drone company planning Nasdaq listing
Donald Trump Jr. and Eric Trump are investing in Powerus, a new drone company based in West Palm Beach, Florida, which plans to go public by combining with Nasdaq-listed Aureus Greenway Holdings Inc. This move expands their defense portfolio amid increased Pentagon spending on unmanned aircraft systems. The deal, advised by Dominari Holdings Inc. and involving a $50 million investment from The Korea Climate & Governance Improvement Fund, aims to leverage American drone technology dominance.