# Powerus Goes Public With Defense Drone Contracts

Powerus completed its merger with Aureus Greenway Holdings on October 1, 2026, and began trading on Nasdaq as Powerus Corporation under ticker PUSA. Its disclosed U.S. defense business includes a U.S. Air Force Guardian-2 counter-drone IDIQ with a ceiling of up to $90 million through mid-2028 and an approximately $2.5 million order for 1,500 FPV aircraft. The IDIQ ceiling is not guaranteed funding, and the signals report no new solicitation or award tied to the public listing.

- The Air Force IDIQ and FPV order provide market evidence of demand for counter-drone systems and small unmanned aircraft, but contractors should distinguish potential contract capacity from funded orders and deliveries.
- Powerus also advanced to Phase 3 of the U.S. Army xTech Adaptive Strike Competition; participation does not guarantee a follow-on procurement.
- Procurement teams and defense suppliers can use these disclosures to assess an emerging competitor’s customer base and production scale, while evaluating actual funded orders and repeat purchases rather than headline contract ceilings.

**Jurisdictions:** federal
**Industries:** Defense & Military
**Topics:** Contracting Vehicles
**Published:** October 01, 2026

### Government Entities
- United States Air Force (USAF)
- United States Department of Defense (DoD)
- United States Army (U.S. Army)
- Ministry of Defence of the Islamic Republic of Pakistan

### Vendors
- Powerus (Guardian-2 IDIQ awardee and FPV aircraft supplier)
- Aureus Greenway Holdings (Merger counterpart)

### Key Quotes
> Completing this transaction puts Powerus in a position to build at the scale our customers are asking for.
> — Andrew Fox, CEO of Powerus

### Sources
- [Powerus Set To Go Public On Thursday - Defense Daily](https://www.defensedaily.com/powerus-set-to-go-public-on-thursday/unmanned-systems) - Defense Daily
- [Powerus Becomes A Public Company As PUSA Merger Closes - Simply Wall St News](https://simplywall.st/stocks/us/consumer-services/nasdaq-pusa/aureus-greenway-holdings/news/powerus-becomes-a-public-company-as-pusa-merger-closes) - Simply Wall Street
- [Aureus Greenway Completes Powerus Merger, Renames to Powerus Corporation – Minichart](https://www.minichart.com.sg/2026/10/01/aureus-greenway-completes-powerus-merger-renames-to-powerus-corporation) - Minichart