The Trump sons are investing hundreds of millions in drone companies targeting government contracts
The Trump sons are investing hundreds of millions in drone companies targeting government contracts
- Wed, Mar 25 2026 at 3:27 PM
The Wall Street Journal: “Trump Sons Back New Drone Company Targeting Pentagon Sales”
Eric Trump and Donald Trump Jr. are pouring hundreds of millions into drone companies chasing government contracts—and the timing isn’t subtle.
They’ve backed Powerus, a new drone company going public just as the Pentagon prepares to spend roughly $1 billion on drone technology in the coming years.
This could put the Trump family in a position to potentially profit from government priorities shaped by their own administration.
Powerus has moved fast—buying three competitors in the past six months, raising tens of millions from investors and planning to scale production from 1,000 drones per month to 10,000—all while explicitly targeting Pentagon contracts.
Now, the company has reportedly raised $60 million and is merging with a publicly traded golf course holding company backed by the Trumps. The deal will take Powerus public on the Nasdaq.
Mark, this gives the Trump family new opportunities to corruptly profit from the American drone industry that's benefiting from the Trump administration's decision-making.
It doesn't take an ethics expert to see how this could be a huge conflict of interest. And this is just the latest in a long list of conflicts of interest surrounding the Trump family.
Trump’s sons, Eric and Don Jr., have backed at least three drone companies since 2024, with stakes worth nearly $750 million.
Just weeks after the 2024 election, drone maker Unusual Machines announced that Don Jr. had joined its newly formed advisory board, immediately sending shares soaring. Don Jr. was compensated for his advisory board service with 200,000 shares of Unusual Machines stock.
The company quickly established itself as a supplier to the U.S. Army in October 2025, delivering an order for 3,500 drone motors and other components. Unusual Machines has also stated that the Army has plans to order 20,000 more components from the company this year.
Eric Trump is also getting involved with drone companies.
Just weeks ago, reports announced that he was investing in a $1.5 billion merger between Israeli drone maker XTEND and Florida-based JFB Construction Holdings, with the aim of taking XTEND public. Unusual Machines is also investing in the merger.
The Trump family’s business entanglements have only expanded during Trump’s second term, raising serious corruption concerns across the board. But these are particularly bad.
The Trump sons are investing hundreds of millions in drone companies, looking to profit from ongoing wars in Ukraine and Iran, and policy changes by the Trump administration.
Meanwhile, we just reported earlier this month that the Trump sons have met with high-level officials from eight foreign governments so far during Trump’s second term as the Trump Organization pursues new foreign deals.
The Trump family’s increasingly sprawling business interests—from drone companies to foreign business developments—raise serious concerns that the presidency is being used for their private gain.
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