The Merger Is Complete and We Trade as PUSA
We completed our merger with Aureus Greenway Holdings on October 1, 2026. Powerus Corporation trades on the Nasdaq Capital Market as PUSA. The interceptors, FPV aircraft, heavy-lift and maritime platforms were already in production before completion.
We completed our previously announced merger with Aureus Greenway Holdings Inc. (Nasdaq: PUSA), effective October 1, 2026. We merged with and into a newly formed subsidiary of AGH and continue as the surviving entity, and AGH has been renamed Powerus Corporation. Shares of the combined company continue to trade on the Nasdaq Capital Market under the symbol PUSA. AGH adopted that symbol earlier in anticipation of the combination, and there was no change to the symbol in connection with the completion.
“When we agreed to combine with Powerus, the case was simple: a U.S.-headquartered autonomous systems company that was already building and selling,” said Matthew Saker, former interim Chief Executive Officer of AGH. “Today that company is public. That was the point of the transaction.”
What the public company builds
We build and scale unified autonomous systems designed to move, protect and sustain critical assets in high-risk environments. The capabilities span heavy-lift platforms, autonomous air systems, autonomous maritime systems, mission systems, training and support, and U.S.-based manufacturing.
Being public gives us access to public capital markets, and it means we report on a fixed public schedule. Both are useful to a company that buys components and trains assembly staff well before those units ship.
“Completing this transaction puts Powerus in a position to build at the scale our customers are asking for,” said Andrew Fox, our Chief Executive Officer. “Our focus does not change on October 1. The work is the same work.”
What stays the same
The customers, the programs and the delivery schedules we had in September are the same ones we have in October.
Brett Velicovich, our co-founder, said this on the day the merger closed. “I spent most of my career as the person relying on this equipment in the field. That is the standard we build to, and it does not change because the company has a listing.”
The full announcement, including the forward-looking statements and the risk factors attached to them, is here:
