Aureus Greenway Signs Merger Agreement With Autonomous Power

Aureus Greenway Holdings Inc. (Nasdaq: AGH) today announced that AGH and Autonomous Power Corporation, doing business as Powerus (www.Power.us), a company co-founded by former U.S. Army Special Operations veterans that builds and scales autonomous drone systems for military and commercial use in high-risk environments, have entered into a definitive merger agreement. Upon completion of the merger, the combined company will operate under the name Powerus Corporation and work to support American drone industry dominance through domestic manufacturing, autonomous systems innovation, and strategic defense partnerships. AGH shares will continue to trade under the ticker "AGH" until completion of the transaction.

Powerus has also secured an additional investment from the Korea Climate & Governance Improvement Fund (KCGI). KCGI has committed to purchase $50 million of Powerus common stock by April 6, 2026. KCGI will support Powerus's access to an allied-nation supply chain network, which moves Powerus away from reliance on non-allied nations for support and strengthens Powerus's domestic manufacturing position.