US EditionCompany backed by Trump sons looks to sell drone interceptors to Gulf states being attacked by Iran
Powerus has raised about $60 million and is pitching Guardian-1 interceptors as Gulf states seek cheaper defenses against mass Iranian drone attacks.
- Florida-Based Powerus is pitching defensive drone interceptors to Gulf nations to help ward off Iranian attacks, recently bringing aboard Eric Trump and Donald Trump Jr. as investors to expand its business.
- Gulf countries seek these defenses following strikes President Donald Trump launched with Israel against Iran over a month ago, positioning the firm to potentially profit from the conflict their father began.
- Powerus aims to access $1.1 billion in Pentagon funding for domestic drone manufacturing, having raised $60 million and planning a "reverse merger" with a Trump company listed on the Nasdaq.
- Former White House ethics lawyer Richard Painter warned that Gulf nations face pressure to buy from the president's sons, though The Trump Organization has dismissed such conflict-of-interest claims.
- Co-Founder Brett Velicovich, an Army veteran, defended the company's efforts, stating "We are in an arms race and America will lose if we don't build fast." He added the U.S. should support American manufacturing investment.
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Company backed by Trump sons looks to sell drone interceptors to Gulf states being attacked by Iran | WBBM Newsradio 780 AM & 105.9 FM
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Associated Press News
Company backed by Trump sons looks to sell drone interceptors to Gulf states being attacked by Iran
A drone maker backed by President Donald Trump’s two oldest sons is trying to win contracts with Gulf countries under threat by Iran and protected by the U.S. military led by their father.
Trump’s Sons Look to Profit from the Iran War
“A drone maker backed by President Donald Trump’s two oldest sons is trying to sell to Gulf countries while they are under attack by Iran and dependent on the U.S. military led by their father,” the Associated Press reports. “The sales drive by Florida-based Powerus – which announced a deal last month to bring aboard Eric Trump and Donald Trump Jr. – positions the company to potentially benefit from a war that their father began.”
As Iran war unsettles West Asia, Trump sons-backed drone firm courts UAE for weapons supply: Report
A drone company backed by Donald Trump’s sons has approached the UAE for a weapons deal as the Iran war intensifies drone and missile threats across West Asia, raising demand for rapid defence systems.
Eric Trump sent a statement to the Associated Press last month saying he was incredibly proud to invest in companies he believes in.
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