Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Trump Jr. and Eric Trump invest in drone startup Powerus, backed by Trump allies, as U.S. defense spending boosts domestic drone production.
In order to profit from the Pentagon's $1.1 billion push for domestic drone production, which includes a ban on Chinese drones, Donald Trump Jr. and Eric Trump are investing in Powerus, a drone startup based in Florida.
The company has purchased three smaller drone companies and intends to go public through a reverse merger with Aureus Greenway Holdings, a golf course company connected to the Trump family.
With the support of Trump-aligned investors such as American Ventures and Dominari Securities, Powerus aims to expand its production and seek global collaborations, such as with drone manufacturers in Ukraine.
The action raises questions about conflicts of interest as the Trump family benefits from policies they helped shape, especially in light of escalating tensions between the United States and Iran and rising defense spending.
Trump Jr. y Eric Trump invierten en la puesta en marcha de drones Powerus, respaldada por los aliados de Trump, a medida que el gasto de defensa de los Estados Unidos aumenta la producción nacional de drones.