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 r...

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...

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 ...

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 system...

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 expens...