A small U.S. defense technology company just picked up something most of its microcap peers never manage: a government order from a foreign military. Autonomous Power Corporation, which does business as Powerus, announced that it had received a limited procurement order from the Ministry of Defence of Pakistan, along with a separate agreement to explore a broader relationship. Neither document disclosed a dollar figure, and the memorandum itself creates no obligation to buy anything further.
Powerus builds what it calls unified autonomous systems for high risk environments. That covers a lot of ground: heavy lift platforms, autonomous aircraft and maritime vessels, the mission systems that tie those machines together, training and support programs for the people who operate them, and manufacturing based in the United States. In practice, this is a company trying to sell governments and militaries a full package rather than a single drone or boat.
The Pakistan order covers unmanned aerial systems and related support. It arrived alongside a strategic memorandum of understanding signed with senior Pakistani defense officials, which lays out a framework for possible future work together without committing either side to a purchase. A Powerus delegation led by Co Founder Brett Velicovich met yesterday with Field Marshal Syed Asim Munir, Pakistan’s Chief of Army Staff and Chief of Defence Forces, at General Headquarters in Rawalpindi. Velicovich later told Reuters the order fell within the unmanned aerial systems category but declined to share its value, citing confidentiality.
The corporate structure behind all this is a little unusual and worth explaining. Powerus is privately held today, but it has a definitive merger agreement with Aureus Greenway Holdings Inc. (NASDAQ: PUSA), a company that, as of this writing, still legally owns and operates golf courses in Florida. Aureus Greenway changed its Nasdaq ticker from AGH to PUSA back in May 2026, ahead of the actual merger, so the market has effectively been trading a golf business under a drone company’s future name. Both companies have said they expect the combination to close in the fourth quarter of 2026, with some reporting pointing to early October specifically, though the deal remains subject to regulatory approval and other closing conditions.
There is also a political backdrop that readers may find relevant. The agreement comes as relations between Washington and Islamabad have warmed after several strained years, and Aureus Greenway counts an investment fund tied to Donald Trump Jr. and Eric Trump among its backers, expected to hold roughly 9.9% of the combined company once the merger closes. Powerus founder and chief executive Andrew Fox has pushed back on the idea that the company’s growth is connected to that ownership stake, saying contracts are awarded on merit and that the Trump family has had no involvement on the business side.
None of this guarantees the merger closes on schedule or that the Pakistan relationship grows beyond this first order. What it does show is a small company using an early, modest contract to signal that its technology has appeal outside the United States, at a moment when its corporate identity is still catching up to its ambitions.
