Powerus, a company based in Florida, announced cooperation with Eric Trump and Donald Trump Jr. a month ago. Experts point to a potential conflict of interest resulting from the fact that it was the US president who initiated hostilities against Iran together with Israel. This war has made countries in the region desperate for anti-drone defense systems.
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— (Middle Eastern) countries are under enormous pressure to buy from the president's sons to do what they want. “This will be the first president's family to make a lot of money from a war — a war for which (the president) has not received congressional approval,” said Richard Painter, former chief ethics lawyer at the White House under President George W. Bush.
Technology demonstrations in the conflict region
Brett Velicovich, co-founder of Powerus, admitted in an interview with the agency that the company conducts demonstrations of its technology in several countries in the region. The interceptor drones are intended to help counter Iranian attacks, which have intensified since the U.S. and Israel launched military operations against Iran more than a month ago.
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“Our team is currently conducting multiple demonstrations of our interceptor drones in the Middle East. We have amazing technology that can save lives,” Velicovich wrote in a message to the Associated Press. However, he did not reveal which specific countries were interested in purchasing the equipment, nor did he provide further details about the negotiations.
Trump's sons' deal with the drone manufacturer could give them a significant equity stake in the company. Donald Trump, as commander-in-chief of the US armed forces, initiated, together with Israel, attacks on Iran, which led to the outbreak of war. It is this situation that has created demand in the Middle East for defense systems, which are now offered by a company linked to his sons.
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Trump's sons' portfolio: from cryptocurrencies to rockets
When it was first reported that Trump's sons were involved in Powerus, the company assured that it saw no conflict of interest. Velicovich then emphasized the company's determination to help the United States technologically catch up with Chinese and Russian drone manufacturers.
The president's eldest sons have significantly expanded their business interests since their father took office again. The companies in which they have invested or in which they act as advisors and hold equity shares cover a wide range of activities. Their portfolio ranges from cryptocurrency ventures and prediction markets to federal contractors producing rocket parts.
