The Trump family's deepening involvement in the US drone industry has drawn significant attention as global conflicts, particularly in the Middle East, intensify. Donald Trump Jr. and Eric Trump have made substantial investments in Powerus Corporation, a newly established drone manufacturer listed on NASDAQ, with plans to supply the Pentagon. Their business activities, including a merger between Powerus and their Florida-based golf course company, have raised questions about potential conflicts of interest, especially as drones play a pivotal role in ongoing military operations. Meanwhile, Jared Kushner, Donald Trump’s son-in-law, faces scrutiny for his own investment activities in the region, further fueling debate over the intersection of business and politics within the Trump family.RIA Novosti+2
Donald Trump Jr. and Eric Trump’s investment in Powerus Corporation signals a strategic shift toward the lucrative drone sector. The company, which is merging with Aureus Greenway Holdings, aims to develop advanced autonomous drones for both military and commercial use. This move follows recent deals with Israeli drone makers and aligns with the Pentagon’s increasing procurement of unmanned aircraft, reflecting the growing importance of drone technology in modern warfare and defense.The Guardian+2
The Trump sons’ business maneuvers include merging their golf club company with Powerus to facilitate a public listing and attract defense contracts. Reports indicate that the family is earning substantial profits from their stakes in companies supplying weapons and drones used in the Middle East, particularly during the US-Iran conflict. The Pentagon’s significant investments in drone technology have created lucrative opportunities for private sector players connected to the Trump family.The Guardian+2
The timing of these investments, amid active US military involvement in the Middle East, has sparked controversy. Critics argue that the Trump family’s expanding presence in military-related industries could present conflicts of interest, especially given their political influence. Jared Kushner’s efforts to raise billions for his investment firm while serving as a Middle East envoy have also come under scrutiny, intensifying public debate over ethical boundaries in government and business.Chosun Ilbo+2