Trump's sons are busy making money amid war: Ties with drone manufacturing company, experts say - first president to profit from war

A controversy has erupted in the United States over a drone startup, in which President Trump's sons Eric Trump and Donald Trump Jr. are involved. According to the report, the Florida power company is trying to sell its drone system to countries in the Middle East. Trump's sons, Eric Trump and Donald Trump Jr., joined the company as advisors in late February, around the same time that the United States and Israel attacked Iran. However, the two are expected to get a larger stake in the company. Officials associated with Powers have met with officials in Abu Dhabi. The talks focused on the possibility of selling weapons and drone defense systems to the UAE as it seeks to further strengthen its defence against Iran. After the incident, critics say the president's family is benefiting from the war. Powers co-founder Brett Velikovich said his team is showing drone demos in several Gulf countries to explain how their interceptor drones can help protect against Iranian attacks. However, he did not specify which countries the demonstration was being held. Velikovich said the U.S. needs to develop drone technology quickly to compete with countries like China and Russia, otherwise it will fall behind. "This is not just a matter of politics, but a matter of national security," he said. It is clear from this whole case that the demand for drones and anti-drone systems is increasing due to the Iran war. Iran is using cheap drones while the US and its allies try to destroy them with expensive missile systems. This is creating a huge difference in costs. This is the reason that a huge opportunity is emerging for companies making cheap and effective anti-drone systems. Powers has recently launched an interceptor called 'Guardian-1', which is specifically designed to shoot down suicide drones, such as Iran's Shahid-136. According to a report in The Guardian, Powers is eyeing the Pentagon's $1.1 billion fund for drone manufacturing. This fund has been set aside to increase drone manufacturing in the United States. The company says it's time to develop technology quickly, because the world is in a kind of arms race. Powers is also associated with several former U.S. military officers. General Charles Q. Names such as Brown and retired Lt. Gen. Keith Kellogg are providing strategic advice to the company. Powers Company is preparing to list on the stock market soon. For this, it is going to merge with a Nasdaq-listed company. Trump Jr. and Eric Trump have invested in this business. The brothers are active investors in the drone sector and are associated with a fund called American Ventures, which has invested nearly $1 billion in drone companies. He also plays an important role in the Trump Organization. Eric Trump defended the investment, saying he was proud to invest in companies he trusted. According to him, drones are the big technology of the future. Former US ethics officer Richard Panter has alleged that members of the president's family are trying to profit from the war. "This may be the first time that a president's family has made so much money from the war," he said. Painter said there could be pressure on Gulf countries to buy from a company affiliated with the president's family, so that they can continue to receive U.S. support. He said Trump's sons' company was doing business at a time when their father's decisions led to a state of war. Opposition leaders have also questioned Trump Jr.'s investments. Democratic Senator Elizabeth Warren has written a letter to Defense Secretary Pete Hegseth asking whether these companies are being properly awarded government contracts or benefits the president's family. What does the Powers Company do? Powers was founded in 2025. The company has been started by former army officers and technology experts. Since its inception, its focus has been on advanced drones and automation technology. The company manufactures modern drones, autonomous systems and security-related equipment. Its drones can be used for tasks such as army, surveillance, border security and disaster relief. The company's co-founder is Brett Velikovich, who has been associated with the U.S. military. The company operates through different units, focusing on air, defense and maritime drone systems. Powerson has received about $50 to $60 million in investment so far. Big names like Eric Trump and Donald Trump have also been linked as investors in the company. The company is still new, so no official information regarding its earnings is public. Currently, the company's focus is on production and technology development. Donald Trump's family has long been known for its big business empire. The main business of the Trump family is run by the Trump Organization, which is spread across many sectors. The Trump family's traditional business has been in the real estate and hotel sectors. Many cities around the world have luxury hotels, resorts and golf courses. Apart from this, they also invest in large commercial buildings and property projects. In recent years, the Trump family has expanded its business into new areas. They are now investing in many new areas beyond the hotel and golf business, such as cryptocurrency, prediction markets and defense-related companies.