Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Trump family-backed company Powerus secures a $22.3 million contract to supply counter-drone detection equipment to Gulf energy enterprises

Trump family-backed company Powerus secures a $22.3 million contract to supply counter-drone detection equipment to Gulf energy enterprises

智通财经2026/08/21 06:51
A drone manufacturer backed by former US President Trump’s son has recently reached a $22.3 million deal with an energy company in the Gulf region to supply anti-drone detection equipment. This move comes as private companies are boosting their self-defense capabilities in the aftermath of recent conflicts involving Iran.

According to Jinse Finance APP, a drone manufacturer backed by the son of US President Trump recently reached a deal worth $22.3 million with a Gulf-region energy company to supply anti-drone detection devices. This move comes amid the aftermath of the Iran conflict, as private companies are increasingly strengthening their self-protection capabilities.

West Palm Beach-based Powerus has signed an agreement with an unnamed company to provide systems that can detect and track incoming drones. The system will be able to operate alongside Powerus's “Guardian” interceptor in the future; however, the defensive component is not included in this deal.

Powerus President Brett Velicovich said in an interview: "The evolution of the modern battlefield is forcing companies to build their own protective measures—even if they're limited to detection for now. This is an irreversible trend."

For security reasons, Powerus declined to reveal the name or country of the partner company, nor did it specify where the equipment would be deployed.

The signing of this contract reflects a growing tendency among private enterprises operating in unstable regions to build their own defense systems, rather than relying completely on governmental protection. Iran has demonstrated willingness to use low-cost drones to attack facilities worth hundreds of millions of dollars, while traditional air defense systems are not only expensive and in short supply, but are also typically not available to commercial markets.

Velicovich compared it to insurance, saying: "You wouldn't outfit an Amazon (AMZN.US) warehouse with a Patriot missile system. It's more like a new kind of insurance."

Powerus will provide a protection system built around low-cost interceptors, sensors, and automation technology, staffed with operators and offering training to local security forces.

Powerus has previously secured multiple US defense contracts. According to an announcement earlier this year, the company plans to merge with Aureus Greenway Holdings Inc. (PUSA.US)—a golf course operator supported by Eric Trump and Donald Trump Jr.—which is already listed on Nasdaq. The merger has not yet been completed.

As the Trump administration prioritizes domestic drone manufacturing and anti-drone capabilities, related investments have sparked external concerns about potential conflicts of interest.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Trending news

More
1
WindowMaster seeks sale of subsidiary Climatic A/S
2
Gabler Group schedules H1 2026 earnings call

Crypto prices

More
Bitcoin
Bitcoin
BTC
$76,499.01
+9.99%
Ethereum
Ethereum
ETH
$2,379.29
+6.03%
Tether USDt
Tether USDt
USDT
$0.9996
+0.03%
XRP
XRP
XRP
$1.32
+18.47%
USDC
USDC
USDC
$1.0000
+0.00%
Solana
Solana
SOL
$90.58
+5.54%
TRON
TRON
TRX
$0.3388
+1.64%
Hyperliquid
Hyperliquid
HYPE
$73.77
+3.23%
Dogecoin
Dogecoin
DOGE
$0.08435
+12.37%
Zcash
Zcash
ZEC
$636.94
+14.23%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter