Powerus unit wins Air Force aerial-denial contract worth up to $90M

Autonomous Power Corporation, doing business as Powerus (NASDAQ: PUSA), announced that its wholly owned subsidiary, Tandem Defense LLC, has been awarded a competitively bid contract by the U.S. Air Force for Group 1 aerial-denial unmanned aircraft systems.

The contract is structured as an indefinite-delivery/indefinite-quantity (IDIQ) agreement with a maximum ceiling of $90 million, running through mid-2028. The award also covers ancillary support equipment, operator training, and field service representative support. The contract is managed by the Air Force Life Cycle Management Center at Wright-Patterson Air Force Base, Ohio.

Under the IDIQ structure, the Air Force may place individual task orders against the contract ceiling as requirements arise. Powerus noted that the $90 million figure represents the maximum potential value and is not a guaranteed amount. Actual revenue will depend on task-order volume, government funding, and program priorities. Initial funding has been obligated, with additional orders to be placed at the government's discretion.

Tandem Defense is described as a U.S.-based manufacturer of unmanned aircraft systems serving military, government, and law enforcement customers.

Separately, Powerus has a pending proposed merger with Aureus Greenway Holdings Inc. (NASDAQ: PUSA). The transaction has not closed and remains subject to customary closing conditions, including the effectiveness of a Form S-4 registration statement and applicable regulatory approvals.

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