Dominari Congratulates Powerus on its Multimillion Dollar Contract for Aerial Drone System

Rhea-AI Summary

Autonomous Power Corporation (Powerus), which has announced a proposed merger with Aureus Greenway Holdings (Nasdaq: PUSA), reported that its wholly owned subsidiary Tandem Defense was awarded a competitively bid, multimillion‑dollar contract for aerial unmanned aircraft systems.

The contract includes ancillary support equipment, operator training and field service representative support, carries a ceiling of up to $90 million, and runs through mid‑2028. According to Powerus, actual revenue will depend on task orders over the contract term and the $90 million figure is a maximum potential, not a guaranteed amount. This award is in addition to a previously announced multimillion‑dollar distribution agreement.

Dominari Securities, a wholly owned subsidiary of Dominari Holdings (Nasdaq: DOMH), highlighted its role as placement agent/underwriter for several Powerus capital raises, including a February 2025 IPO and private placements of $26 million in July 2025 and $9 million in March 2026.

Positive

• Tandem Defense contract ceiling up to $90 million through mid‑2028
• Contract includes equipment, training and field service support over its term
• Additional multimillion‑dollar distribution agreement previously announced by Powerus
• Dominari Securities role in Powerus financings: $26M (Jul 2025) and $9M (Mar 2026) private placements

Negative

• $90 million represents maximum potential contract value, not guaranteed revenue
• Powerus revenue under contract depends on future task orders over the term
• Proposed merger between Powerus and Aureus Greenway (PUSA) has not closed and remains subject to Form S‑4 effectiveness and regulatory approvals

Market Context

DOMH's short-interest context showed low short positioning. That provides limited evidence of elevat...

Analysis

DOMH's short-interest context showed low short positioning. That provides limited evidence of elevated squeeze risk for this contract announcement; the active, ineffective S-3 shelf remains a relevant financing consideration.

Key Figures

Contract ceiling: $90 million Contract term: mid-2028 July 2025 private placement: $26,000,000.00 +1 more

4 metrics

Contract ceiling $90 million Maximum potential value; not guaranteed or committed

Contract term mid-2028 Contract runs through mid-2028

July 2025 private placement $26,000,000.00 Capital raise for Autonomous Power Corporation

March 2026 private placement $9,000,000.00 Capital raise for Autonomous Power Corporation

Historical Context

5 past events · Latest: Jun 15 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Jun 15	IPO fundraising	Positive	+3.2%	Dominari unit raised $200 million through a SpaceX-focused qualified investor fund.
Jun 02	Drone industry update	Positive	+2.8%	Company highlighted financing relationships across three American drone-sector portfolio companies.
May 15	IPO investment update	Positive	-13.8%	Cerebras completed an IPO with a reported 68% first-day gain.
May 13	Shareholder letter	Positive	+0.3%	Dominari reported Q1 revenue of $35.8 million and declared a special dividend.
May 13	Earnings report	Positive	+0.3%	Q1 revenue increased 395%, despite reported net loss and negative operating cash flow.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

DOMH's five recent news reactions were positive in four cases, while one positive IPO-related item diverged with a negative reaction.

Key Terms

form s-4, unmanned aircraft systems, task orders, placement agent/underwriter

4 terms

form s-4 regulatory

"effectiveness of a Form S-4 registration statement"

A Form S-4 is a legal document that companies file with the government to announce and explain a major business move, such as a merger or acquisition. It provides detailed information to help investors understand how the deal might affect the company's value and future prospects, similar to a detailed blueprint that clarifies the impact of a significant change.

unmanned aircraft systems technical

"contract for its aerial unmanned aircraft systems"

Unmanned aircraft systems are the complete setup that lets a pilot on the ground operate a flying vehicle remotely, including the aircraft itself, the ground controls, communications links, and any cameras or sensors it carries. Think of it as a remote‑controlled delivery truck plus its driver’s console and radio connection. Investors care because these systems create new markets and revenue streams while bringing regulatory, safety and supply‑chain risks that can affect company value.

task orders financial

"revenue to Powerus will depend on the individual task orders"

Task orders are individual assignments or work requests issued under a broader, standing contract that already sets the rules and prices. Think of a master agreement like a subscription and task orders as the specific jobs customers call in as needed. For investors, task orders matter because they translate to concrete, often short‑term revenue, add to a company’s visible backlog, and signal the company’s ability to win repeat or follow‑on work under established relationships.

placement agent/underwriter financial

"served as placement agent/underwriter across several capital raises"

A placement agent or underwriter is a financial firm or bank that helps a company sell new securities by finding buyers, setting terms and often shouldering some of the risk of the sale. They may arrange private placements or buy securities from the issuer and resell them to investors; like a real estate agent who markets a house and sometimes guarantees the sale. Their reputation, fees and allocation choices influence price, timing and who receives the offering, which matters to investors.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Powerus has announced a proposed merger with Aureus Greenway Holdings Inc. (Nasdaq: PUSA); the merger has not closed and remains subject to customary closing conditions, including the effectiveness of a Form S-4 registration statement and applicable regulatory approvals

NEW YORK, Aug. 3, 2026 /PRNewswire/ -- Dominari Securities LLC, a wholly owned subsidiary of Dominari Holdings Inc. (Nasdaq: DOMH), congratulates Autonomous Power Corporation, doing business as "Powerus", which announced that its wholly owned subsidiary, Tandem Defense LLC, has been awarded a multimillion-dollar contract for its aerial unmanned aircraft systems. This award also provides for ancillary support equipment, operator training, and field service representative support. This was a competitively bid award and provides a ceiling of up to $90 million and runs through mid-2028. This award is in addition to the multimillion-dollar distribution agreement announced last month.

As stated by Powerus, revenue to Powerus will depend on the individual task orders over the term of the contract. The $90 million figure represents the maximum potential value of the contract and is not a guaranteed or committed amount. More information about Powerus and this contract can be found on Powerus' website, https://www.power.us.

Dominari Securities has served as placement agent/underwriter across several capital raises for Autonomous Power Corporation, including its February 2025 Initial Public Offering, its July 2025 private placement of $26,000,000.00 and its March 2026 private placement of $9,000,000.00. Kyle Wool, CEO of Dominari Securities, stated, "Dominari congratulates Powerus on this achievement and its other recently announced agreements and the filing of its Form S-4 with the SEC. We are proud of this American company, that secured this competitively bid contract. We are committed to supporting American companies in critical industries and wish Powerus continued success."

About Dominari Holdings Inc.

The Company is a holding company that, through its various subsidiaries, is currently engaged in wealth management, investment banking, sales and trading and asset management. In addition to capital investment, Dominari Holdings provides management support to the executive teams of its subsidiaries, helping them to operate efficiently and reduce cost under a streamlined infrastructure. In addition to organic growth, the Company seeks opportunities outside of its current business to enhance shareholder value, including in the AI and Data Center sectors.

Dominari Securities LLC's Mission Statement:

Dominari Securities LLC, a principal subsidiary of Dominari Holdings Inc., is a dynamic, forward-thinking financial services company that seeks to create wealth for all stakeholders by capitalizing on emerging trends in the financial services sector and identifying early-stage future opportunities that are expected to generate a high rate of return for investors.

Securities Brokerage and Registered Investment Adviser Services are offered through Dominari Securities LLC, a Member of FINRA, MSRB and SIPC. Securities brokerage, investment adviser and other non-bank deposit investments are not FDIC insured and may lose some or all of the principal invested. You can check the background of Dominari Securities and its registered investment professionals and review its SEC Form CRS on FINRA's BrokerCheck site at https://brokercheck.finra.org. Information for Dominari Securities LLC and its registered investment professionals as well as its SEC Form CRS may also be found on FINRA's BrokerCheck site.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company's filings with the SEC, which include but are not limited to the Risk Factors set forth in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2025 relating to its business. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.

Contacts:
Dominari Holdings Inc.
https://www.dominariholdings.com/
info@dominari.com

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SOURCE Dominari Holdings, Inc.

FAQ

What did Powerus announce about Tandem Defense’s new aerial drone contract and its value?

Powerus announced that its subsidiary Tandem Defense received a competitively bid multimillion‑dollar contract for aerial unmanned aircraft systems, with a ceiling up to $90 million. According to Powerus, the contract runs through mid‑2028 and includes equipment, operator training and field service support.

Is the Powerus Tandem Defense $90 million drone contract guaranteed revenue for PUSA or Powerus?

The $90 million figure is not guaranteed revenue; it is the contract’s maximum potential value. According to Powerus, actual revenue will depend on individual task orders placed over the contract term, so realized amounts may be lower than the stated ceiling.

How long does the new Powerus Tandem Defense unmanned aircraft systems contract run?

The Tandem Defense aerial unmanned aircraft systems contract runs through mid‑2028. According to Powerus, the agreement covers multiple years, with revenue determined by task orders, and includes ancillary support equipment, operator training and ongoing field service representative support during the contract period.

What is the status of the proposed merger between Powerus and Aureus Greenway Holdings (Nasdaq: PUSA)?

Powerus has announced a proposed merger with Aureus Greenway Holdings, traded as PUSA, but it has not yet closed. According to Powerus, completion remains subject to customary closing conditions, including effectiveness of a Form S‑4 registration statement and applicable regulatory approvals.

What role has Dominari Securities (Nasdaq: DOMH) played in Powerus capital raises?

Dominari Securities has acted as placement agent and underwriter for several Powerus capital raises. According to Dominari, it supported Powerus’s February 2025 IPO, a July 2025 private placement of $26 million, and a March 2026 private placement of $9 million.

How might the new Tandem Defense contract and distribution agreement affect Powerus’s business outlook?

The contract adds a potential ceiling of up to $90 million in task‑order‑driven work, alongside a separate multimillion‑dollar distribution agreement. According to Powerus, revenue impact will depend on actual task orders placed over the contract’s term through mid‑2028.