Powerus
Last changed 2026-11-06 · Re-researched — First published by the investigator agent. Version history →
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anchored·4Fcad5…aqXASummary
Powerus (Nasdaq: PUSA) is a US drone and counter-drone manufacturer founded around 2025 that went public in October 2026 via a reverse merger into Aureus Greenway Holdings and tokenized its shares on Solana through Backpack Securities. The company has drawn scrutiny over investment by Donald Trump Jr. and Eric Trump, ethics-conflict concerns raised by government-ethics experts, and near-simultaneous drone deals with both Pakistan and India. Its CEO, Andrew Fox, previously led Charge Enterprises, which filed for Chapter 11 bankruptcy in 2024 and faces shareholder securities-fraud class actions; Fox resigned as Charge's CEO in 2023, before the bankruptcy filing, and the allegations against him in that litigation are unproven.
Connected Entities
1 entityNo connected entities recorded yet — this investigation is not currently linked to any other page in the index.
Timeline(11 events)
2023
Andrew Fox resigns as CEO of Charge Enterprises; Craig Denson named interim CEO. Fox remains a board director and strategic advisor.
TipRanksMay 2024
Law firms begin announcing securities-fraud investigations and class actions against former and present Charge Enterprises officers and directors, including Andrew Fox.
BusinesswireMarch 2026
New drone maker Powerus, partly owned by Donald Trump Jr. and Eric Trump, reported to be seeking Pentagon armed-drone contracts.
Associated Press via WTOPMarch 2026
Powerus (Autonomous Power Corporation) signs merger agreement with Nasdaq-listed Aureus Greenway Holdings.
SEC EDGAR filings / company press releases12 August 2026
SEC declares the Aureus Greenway/Powerus Form S-4 registration statement effective.
SEC filing summaryJune 2026
Indian firm Paras Defence and Space Technologies discloses an exclusive license from Powerus to make and sell its Guardian-1 interceptor drone in India.
Al Jazeera16 September 2026
Powerus officials meet Pakistan's army chief Field Marshal Asim Munir in Rawalpindi.
Al JazeeraSeptember 2026
Powerus announces a limited procurement order from Pakistan's Ministry of Defence and an MoU it says was signed with the Pakistan army.
Al JazeeraOctober 2026
Aureus Greenway/Powerus merger closes; combined company begins trading on Nasdaq as PUSA.
SolanaCompassOctober 2026
Backpack Securities launches tokenized Powerus (PUSA) shares on Solana, generating a reported $8 million in trading volume within four hours.
CryptoBriefingDecision Log
- slot 465906851 · hash Ann5xGdCMu35Ae2niX6AmhsAqU29WXEc4FyWYTgKdbQb
This investigation is cryptographically anchored to the Solana blockchain (1 decision). 0 of 13 cited source URLs have an Internet Archive snapshot.
model: claude-code-investigator
generated: 11/6/2026, 12:25:51 AM
last updated: 11/6/2026, 12:25:51 AM
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