US drone maker Powerus signs Pakistan Army MOU, gets initial order
ISLAMABAD: US drone firm Powerus has signed a memorandum of understanding with the Pakistan Army that includes an initial drone-related order, co-founder Brett Velicovich told Reuters on Wednesday.
US drone manufacturer Powerus has established a memorandum of understanding with the Pakistan Army, which includes an initial order for power systems, according to co-founder Brett Velicovich. Velicovich, speaking in Islamabad, declined to disclose details about the technology covered by the agreement due to security concerns, but confirmed it falls under the category of unmanned aerial systems.
The value of the initial order remains confidential. Powerus, which specializes in aerial and maritime drones for military and industrial use, is set to merge with Aureus Greenway Holdings, a publicly traded company backed by Donald Trump Jr. and Eric Trump. Both companies expect the merger to be finalized in early October. The merger is anticipated to create a joint technology relationship, combining the best-in-breed technology from both US and Pakistan.
The Pakistan Army met with a Powerus delegation led by Velicovich to discuss defense procurement, production, and long-term capacity building. The warming ties between Washington and Islamabad, under President Trump, have facilitated this development following years of strained relations.
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