Mar 10 • 07:00 UTC 🇰🇷 Korea Hankyoreh (KR)

Trump Starts War... His Sons Invest in Drones

Donald Trump’s sons, Donald Trump Jr. and Eric Trump, have invested in a drone company aiming to expand in the growing defense sector as the Trump administration boosts domestic drone procurement amid ongoing controversial war engagements.

Donald Trump Jr. and Eric Trump have taken a step into the burgeoning drone industry by investing in a new company, Powerless, that is targeting increased demand for drones. As the Trump administration shows a trend towards expanding the purchase of domestic drones, the involvement of the President's family with defense contracting is raising eyebrows, leading to potential controversy regarding their business motives amidst warfare. The Wall Street Journal reported that Powerless, based in Florida and associated with golf course operator Orenus Greenway Holdings owned by the Trump family, is planning a merger to enter the NASDAQ through a reverse merger with a publicly traded firm. The investment backs are diverse, including the Trump's own American Ventures as well as other drone-related firms contributing to the budding venture.

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