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Powerus receives $2.51M drone order from defense prime contractor

August 12, 2026 8:30 AM

Powerus, operating through its wholly owned subsidiary Tandem Defense, has received a $2,510,000 purchase order from a defense prime contractor for U.S.-manufactured first-person view (FPV) aircraft and related equipment, according to a joint statement with Aureus Greenway Holdings Inc. (NASDAQ: PUSA).



The order covers 1,500 Matrix 7-inch FPV aircraft, 100 M3 pilot kits, and 750 spare parts kits. Each spare parts kit includes a battery, four motors, and four propellers. All items are manufactured in the United States using Blue UAS Framework cleared components and are compliant with the National Defense Authorization Act (NDAA) and Trade Agreements Act (TAA). Delivery is scheduled within 60 days.



The order was placed under a Department of War program by a prime contractor, though the contractor was not named in the announcement.



"Customers come to Powerus for drones because they need three things we believe the traditional defense industry has struggled to deliver at the pace of modern warfare: scale, reliability, and speed," said Brett Velicovich, co-founder and president of Powerus.



Powerus and Aureus Greenway Holdings have a previously announced proposed merger pending. Under the terms of the agreement, Powerus will merge with a newly formed subsidiary of AGH, with AGH adopting the name "Powerus Corporation." The merger has not closed and remains subject to customary closing conditions, including the effectiveness of a registration statement on Form S-4 and applicable regulatory approvals.



Matthew Saker, interim chief executive officer of AGH, said the order "demonstrates the kind of commercial traction that we believe supports the strategic rationale for the pending combination."



Aureus Greenway Holdings currently owns and operates golf course properties in Florida, including Kissimmee Bay Country Club and Remington Golf Club.

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