Dominari invested in a golf course company, Aureus Greenway Holdings, which will merge with a private military drone manufacturer, Powerus.
Somehow the Cheung's firm effectively turned into a NASDAQ SPAC for Powerus. Other firms in the deal include a Korean private equity underwriter (PEU), Unusual Machines and the Agostinelli Group, a family office funded by PEU money.
Trump II spent last week at Trump Doral pushing domestic military use in the Americas to take on "the cartels." His sons then "spin in" a drone company and can profit from Dad/Trump II's vision.
Powerus has three wholly-owned subsidiaries: Kaizen Aerospace, Inc., which develops heavy-lift UAS platforms capable of 500-pound-plus payloads; Tandem Defense LLC, which builds tactical defense platforms; and Agile Autonomy LLC, which specializes in maritime surveillance systems.
Understandably, Eric is excited about it.
The Trump boys were already in Aureus via Dominari, which the pair heavy lifted from the anonymous basement of Wall Street.
Once the Trump boys employ the drones to get rid of that gopher cartel, they will be free to front-run other federal initiatives pushed by their father.The pattern is a big Trump II meeting/summit and just days later a new corporate announcement by the boys. It's all one Trump package with Velcro straps and extra absorbency.
The liquidity flows the Trumps way until it doesn't. At that point I expect them to scream their greedy little heads off. I'm sure some obscenely rich donor will then show up with a capital injection.
Polticians Red & Blue love PEU and their new TechGod brethren. Increasingly, more are one and the sons shall be far richer than their fathers.