UPDATE -- Powerus Selected to Compete in Phase II of Pentagon's $1 Billion Drone Dominance Program

Autonomous Power Corporation (Powerus) has been selected to compete in Phase II of the Department of Defense's Drone Dominance Program with its MatrixFold attack drone. The $1 billion Pentagon initiative aims to procure tens of thousands of low-cost, one-way attack drones. Powerus is also pursuing a merger with Aureus Greenway Holdings Inc. (Nasdaq: PUSA) to become publicly traded, with the merger expected to close in summer 2026.

05/27/2026, 8:27 PM • GlobeNewswire

Powerus Names Rear Admiral Milton (Jamie) Sands III to Advisory Board

Powerus announced the appointment of Rear Admiral (Ret.) Milton 'Jamie' Sands III to its Advisory Board. Sands, former Commander of U.S. Naval Special Warfare Command and President/CEO of the Special Operations Warrior Foundation, brings over three decades of military leadership experience. This appointment strengthens Powerus's senior advisory roster ahead of its proposed merger with Aureus Greenway Holdings (NASDAQ: AGH), which is expected to result in Powerus trading on Nasdaq under ticker symbol PUSA in summer 2026.

05/06/2026, 8:30 AM • Benzinga

U.S. Army Best Ranger Competition Integrates Live Drone Threats in Historic First, Selects Powerus' Tandem Defense Matrix-T for Targets

Powerus announced that its Matrix-T target drone was selected for the inaugural 'Last Line of Defense' training lane at the 42nd Annual U.S. Army Best Ranger Competition. The purpose-built FPV drone replicates modern one-way attack threats and demonstrated field repairability with minimal logistics support. Powerus is merging with Aureus Greenway Holdings Inc. (NASDAQ: AGH) to become publicly traded as Powerus Corporation under ticker 'PUSA' on Nasdaq, with the merger expected to close in summer 2026.

04/15/2026, 8:30 AM • Benzinga

Aureus Greenway Holdings Announces $50 Million Strategic Investment in Powerus from KCGI

Aureus Greenway Holdings (NASDAQ: AGH) announced that its proposed merger target Powerus closed a $50 million strategic investment from KCGI, a Seoul-based investment group. The capital will be deployed to scale manufacturing capacity for Powerus's autonomous defense systems in the United States and South Korea, with an ally-sourced supply chain focused on reducing dependence on foreign supply chains from non-allied nations.

04/09/2026, 8:30 AM • Benzinga

Autonomous Warfare Takes Flight: Military Drone Market Set for Explosive Growth Through 2030

The global military drone market is experiencing rapid expansion, projected to reach $22.81 billion by 2030 from $15.8 billion in 2025. The counter-drone market is expected to grow at 26.5% CAGR to $14.51 billion by 2030. Multiple defense companies are advancing autonomous drone technologies and counter-UAS solutions, including interceptor systems designed to address asymmetric warfare challenges at significantly lower costs than traditional air defense systems.

03/19/2026, 9:50 AM • Benzinga

Aureus Greenway Holdings Inc. Announces Closing of $9.0 Million Private Placement

Aureus Greenway Holdings Inc. (Nasdaq: AGH) announced the closing of a private placement on March 10, 2026, issuing 3,009,667 shares of common stock and pre-funded warrants at $3.00 per share for gross proceeds of approximately $9.0 million. The company plans to use net proceeds for working capital and general corporate purposes, including expenses related to its proposed business combination with Autonomous Power Corporation (Powerus).

03/11/2026, 4:00 PM • GlobeNewswire

12 Consumer Discretionary Stocks Moving In Thursday's Intraday Session

Multiple consumer discretionary stocks experienced significant price movements, with some companies seeing notable gains while others faced substantial declines during Thursday's trading session.

09/25/2025, 1:06 PM • Benzinga

UPDATED - Aureus Greenway Holdings , Inc. Announces Twenty Six Million Dollar Private Placement Priced At-The Market under Nasdaq Rules

Aureus Greenway Holdings Inc. announced a $26 million private placement of common stock and warrants, priced at $0.87 per unit, expected to close on July 25, 2025. The proceeds will be used for working capital and general corporate purposes.

07/23/2025, 6:58 PM • GlobeNewswire

Aureus Greenway Holdings , Inc. Announces Twenty Six Million Dollar Private Placement Priced At-The Market under Nasdaq Rules

Aureus Greenway Holdings announced a $26 million private placement of common stock and warrants, with plans to use proceeds for working capital and general corporate purposes. The offering includes shares, pre-funded warrants, and common warrants A and B, priced at $0.87 per unit.

07/23/2025, 3:30 PM • GlobeNewswire