A drone manufacturer, Powerus, with backing from President Donald Trump’s sons, is actively seeking sales contracts with Gulf countries facing threats from Iran. This pursuit of business during a period of regional conflict has sparked ethical questions regarding potential conflicts of interest.

Sales Push in a Volatile Region

Powerus is demonstrating its drone interceptor technology in the Middle East, highlighting its defensive capabilities against Iranian attacks. The company is targeting nations heavily reliant on U.S. military support. According to co-founder Brett Velicovich, these demonstrations showcase how Powerus’ drones can protect against threats.

Ethical Concerns Raised

Former White House ethics lawyer Richard Painter argues that this situation presents a serious conflict of interest. He suggests the Trump family could financially benefit from a war that has not received congressional authorization. The involvement of Eric Trump and Donald Trump Jr., with potential substantial equity stakes in Powerus, is central to these concerns.

Funding and Future Plans

Powerus recently secured $60 million in funding and is exploring a reverse merger with a Trump-owned company listed on the Nasdaq. This move is intended to accelerate the company’s path to becoming publicly traded. The company was founded approximately a year ago by U.S. Army Special Operations veterans and produces drones for both commercial and military applications.

Competing with China and Russia

Brett Velicovich asserts that Powerus aims to help the U.S. compete with Chinese and Russian drone manufacturers. He emphasizes the importance of speed in developing and investing in American manufacturing, framing it as an “arms race.” The company is also seeking to tap into a $1.1 billion Pentagon allocation designed to bolster U.S. drone manufacturing.

Expanding Business Interests

The Trump sons’ business ventures extend beyond traditional holdings like hotels and golf courses. They have diversified into areas such as cryptocurrency, prediction markets, and companies involved in rocket parts and rare earth magnets. This expansion appears more assertive since their father’s return to office.

Eric Trump stated last month he is “incredibly proud to invest in companies I believe in,” signaling a commitment to their investment decisions. The Trump Organization did not respond to requests for comment regarding the potential conflicts of interest.