Eric Trump and Donald Trump Jr Back Drone Firm Now Pitching Weapons to Gulf States Their Father's War Created
Eric Trump and Donald Trump Jr have invested in a drone firm, Powerus, which is seeking defense contracts with Gulf states. The move raises conflict-of-interest concerns, as their father, President Donald Trump, leads the US military, which is involved in the region.
Eric Trump and Donald Trump Jr have taken equity stakes in Powerus, a Florida-based drone manufacturer. The company is seeking defense contracts with Gulf states, including the United Arab Emirates. Powerus has raised $60 million from investors and is pursuing a 'reverse merger' with a Trump-linked company. The firm's co-founder, Brett Velicovich, said they are conducting demonstrations of their drone interceptor technology across the Middle East. The company is also targeting $1.1 billion in Pentagon funding for armed drone manufacturing. Ethics experts warn of serious conflict-of-interest issues due to the Trump family's involvement in the company and the region's dependence on the US military.
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