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Powerus and Swarmer Sign MOU to Explore Autonomous Swarming Integration

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Powerus (PUSA) and Swarmer (Nasdaq: SWMR) signed a non-binding Memorandum of Understanding to explore integrating Swarmer’s vendor-agnostic swarming and coordination software with Powerus air and maritime autonomous systems.

The exploratory collaboration will assess interoperability for defense, border security, counter-drone, and critical-infrastructure missions and creates no production, procurement, or financial obligations. Powerus also reiterates its proposed, not-yet-closed merger with Aureus Greenway Holdings (Nasdaq: PUSA).

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News Market Reaction – PUSA

-3.59%
5 alerts
-3.59% Session close to close
-6.5% Trough in 13 min
$138.27M Market Cap
22.41K Volume

In the Jun 3 session, PUSA declined 3.59%, reflecting a moderate negative market reaction. Argus tracked a trough of -6.5% from its starting point during tracking. Our momentum scanner triggered 5 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement outlines an exploratory Memorandum of Understanding between Powerus and Swarmer to...
Analysis

This announcement outlines an exploratory Memorandum of Understanding between Powerus and Swarmer to test swarming software across air and maritime autonomous systems. The MOU explicitly avoids production or financial commitments, focusing on interoperability and demonstrations. In context of prior involvement in the Pentagon’s $1 billion Drone Dominance Program, investors may watch for concrete contracts, regulatory milestones such as Form S-4 effectiveness, and confirmed deployment agreements as key future catalysts.

Key Figures

Price move: 33.89% Current price: $6.40 52-week high: $6.50 +5 more
8 metrics
Price move 33.89% Current 24h price change for PUSA
Current price $6.40 Latest price before this news context
52-week high $6.50 Upper end of 52-week trading range
Drone Dominance budget $1 billion Pentagon Drone Dominance Program total value
Target drones 200,000 drones Drone Dominance Program procurement target by 2027
Portfolio capital raised $349,404,002 Capital raised across three Dominari portfolio companies
Volume today 5,926,667 shares Reported trading volume for current session
20-day avg volume 4,977,392 shares Average trading volume over last 20 days

Historical Context

2 past events · Latest: Jun 02 (Positive)
Pattern 2 events
Date Event Sentiment 24h Move Catalyst
Jun 02 Drone sector spotlight Positive +33.9% Article detailing Dominari’s financing of drone companies including Aureus Greenway.
May 27 Pentagon program update Positive +17.7% Powerus selected to compete in Phase II of $1B Drone Dominance Program.

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

Pattern Detected

Recent news tied to drone-sector positioning and Pentagon programs has coincided with strong positive price reactions.

Recent Company History

Over recent weeks, PUSA has been linked closely to the emerging U.S. drone ecosystem. On May 27, 2026, Powerus was selected to compete in Phase II of the Pentagon’s $1 billion Drone Dominance Program, and PUSA gained 17.71%. On June 2, 2026, a sector article highlighted Aureus Greenway (PUSA) among Dominari-financed drone names, coinciding with a 33.89% move. Today’s MOU with Swarmer fits this pattern of defense- and drone-related catalysts driving interest.

Key Terms

memorandum of understanding, counter-uas, autonomous systems, form s-4 registration statement, +2 more
6 terms
memorandum of understanding regulatory
"have entered into a Memorandum of Understanding (the “MOU”) to explore"
A memorandum of understanding (MOU) is a formal agreement between two or more parties that outlines their shared intentions and plans to work together. It acts like a handshake in writing, clarifying each side’s roles and expectations before any official contract is signed. For investors, an MOU signals that parties are serious about collaboration, which can influence future business opportunities and potential growth.
counter-uas technical
"targets defense, counter-UAS, border security, and critical-infrastructure missions"
Counter-UAS (counter-unmanned aircraft systems) are tools and tactics used to detect, track, and disable or divert drones that pose a threat to people, property, or operations. Think of them as a combination of a security camera, alarm system, and net that can find an unwanted flying device and stop it before it causes harm. Investors care because demand, regulation, and deployment of these systems affect revenue, contract opportunities, legal risk, and the valuation of companies that build or use them.
autonomous systems technical
"with Powerus air and maritime autonomous systems."
Autonomous systems are machines or technology that can operate and make decisions on their own, without needing constant human guidance. They use sensors, software, and rules to perform tasks independently, much like a self-driving car navigating traffic. For investors, understanding autonomous systems is important because they are transforming industries, increasing efficiency, and creating new opportunities for innovation and growth.
form s-4 registration statement regulatory
"including effectiveness of a Form S-4 registration statement and regulatory approvals."
Form S-4 is the U.S. Securities and Exchange Commission filing companies use when they offer or exchange securities as part of a merger, acquisition, or similar corporate deal. It collects the deal’s full playbook — reasons, terms, financial statements and risks — so investors can understand how the transaction will change ownership, value and potential dilution; think of it as the detailed instruction manual and ingredient list for a major business combination.
vendor-agnostic technical
"integrating Swarmer’s vendor-agnostic swarming and coordination software"
Vendor-agnostic describes products, services, or strategies designed to work with equipment, software, or suppliers from any provider rather than relying on a single brand. For investors, it signals lower operational risk and greater flexibility because a business can switch partners, avoid costly lock-in, and adapt more easily to better or cheaper options—similar to using a universal charger that fits many devices.
multi-vehicle coordination platform technical
"Swarmer’s multi-vehicle coordination platform and Powerus air and maritime platforms"
A multi-vehicle coordination platform is the software and connected hardware that allows multiple vehicles—cars, trucks, drones or delivery robots—to operate together by sharing routes, timing, sensor data and commands so they avoid collisions, optimize paths and act as a coordinated fleet, like air-traffic control meets a team chat for machines. Investors care because these platforms can cut operating costs, improve safety and capacity, create recurring software or data revenue, and accelerate scalable deployment of vehicle fleets.

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

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Companies to jointly evaluate Swarmer’s vendor-agnostic coordination platform across Powerus air and maritime autonomous systems for defense, counter-drone, and critical-infrastructure missions

  • Powerus and Swarmer have signed a Memorandum of Understanding (MOU) to explore integrating Swarmer’s coordination software with Powerus air and maritime autonomous systems.
  • The collaboration targets defense, counter-UAS, border security, and critical-infrastructure missions.
  • Powerus has previously announced a proposed merger with Aureus Greenway Holdings Inc. (Nasdaq: PUSA); the merger has not closed and remains subject to customary closing conditions, including effectiveness of a Form S-4 registration statement and regulatory approvals.

WEST PALM BEACH, Fla. and AUSTIN, Texas, June 03, 2026 (GLOBE NEWSWIRE) -- Autonomous Power Corporation, doing business as “Powerus,” and Swarmer, Inc. (Nasdaq: SWMR) (“Swarmer”) today announced that the two companies have entered into a Memorandum of Understanding (the “MOU”) to explore the technical and operational feasibility of integrating Swarmer’s vendor-agnostic swarming and coordination software with Powerus’s unified autonomous systems architecture. The collaboration is exploratory and is intended to evaluate joint deployment concepts for defense, critical infrastructure protection, border security, and counter-drone missions.

Under the MOU, the companies intend to assess interoperability between Swarmer’s multi-vehicle coordination platform and Powerus air and maritime platforms, mission systems, and U.S.-based manufacturing and integration resources. The MOU establishes a framework for good-faith technical exchanges, integration testing, and demonstration planning, and does not commit either company to any production, procurement, or financial obligation.

About the proposed collaboration

Within the exploratory scope of the MOU, the companies may evaluate, by mutual agreement:

  • interoperability between Swarmer’s coordination platform and Powerus heavy-lift vertical takeoff and landing (VTOL) and tactical unmanned air systems developed through PowerAir, and unmanned surface and maritime systems developed through PowerSea;
  • coordinated multi-drone operations, including swarming, deconfliction, and distributed mission execution across heterogeneous unmanned systems;
  • candidate concepts of operation and demonstration scenarios for counter-UAS, interceptor coordination, and critical-infrastructure protection; and
  • manufacturing and integration feasibility, supported by Powerus’s U.S.-based production base and strategic supplier network.

Any activity beyond this evaluation — including any commercial, development, licensing, or supply arrangement — would be addressed only in one or more separate definitive agreements, which the companies are under no obligation to enter into.

Powerus perspective

“I first met the Swarmer team during my time volunteering in Ukraine, the same experience that shaped the idea behind Powerus,” said Brett Velicovich, President of Powerus. “Their software has been proven in more than 100,000 combat missions in one of the most demanding operational environments in the world. Exploring how it could work with our U.S.-built air and maritime platforms is exactly the kind of capability our customers are asking about.”

Swarmer perspective

"We see a strong demand signal in the U.S. for combat-proven technology that has been deployed in Ukraine," said Alex Fink, President and U.S. CEO of Swarmer. "We look forward to partnering with Powerus to deliver reliable autonomous solutions across air, land, and sea. We have been highly impressed by the quality of Powerus' existing VTOL, first-person view (FPV), and unmanned surface vehicle (USV) platforms, and we are excited about the possibility of creating a suite of autonomous products that will allow the U.S. to dominate its adversaries across all domains."

About Powerus

Powerus (Autonomous Power Corporation) builds and scales unified autonomous systems designed to move, protect, and sustain critical assets in high-risk environments, with capabilities spanning heavy-lift platforms, autonomous air systems, autonomous maritime systems, mission systems, training and support, and U.S.-based manufacturing. Powerus operates through its subsidiaries, each a Powerus company. Powerus previously announced a proposed merger with Aureus Greenway Holdings Inc. (Nasdaq: PUSA); the merger has not closed and remains subject to the satisfaction of customary closing conditions, including the effectiveness of a registration statement on Form S-4 and applicable regulatory approvals. Learn more at power.us.

About Swarmer

Swarmer™ is a defense technology company that specializes in vendor-agnostic software which allows one operator to intuitively control hundreds of autonomous platforms in real time. Swarmer’s primary mission areas include autonomous swarm coordination, integration of multi-domain unmanned systems and AI-powered autonomy software for distributed operations. Swarmer is not a drone manufacturer and does not depend on any single platform, supplier or hardware lifecycle. Instead, Swarmer operates at the intelligence layer, developing autonomy, coordination and decision-making software that enables large numbers of low-cost unmanned systems to operate collectively as one coherent, resilient force. Swarmer’s technology has been rigorously validated in real-world kinetic environments and was first deployed in combat operations in Ukraine in April 2024. Since then, it has completed more than 100,000 combat missions, generating terabytes of proprietary data that informs its machine-learning models and enables the replication of advanced pilot performance at scale. Swarmer’s routine use in combat missions generates continuous streams of telemetry, sensor data and operational feedback which are then used to refine performance, increase resilience and accelerate learning. Swarmer has headquarters in Austin, Texas, and maintains operations and teams in Ukraine, Poland and Estonia.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements regarding the Memorandum of Understanding between Powerus and Swarmer; the anticipated scope, objectives, and potential benefits of the contemplated collaboration; the potential integration or interoperability of the companies’ respective technologies and platforms; the possibility that the companies may enter into one or more definitive agreements; the anticipated capabilities, applications, or markets for any resulting offering; and the proposed merger between Powerus and Aureus Greenway Holdings Inc. and its expected timing. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially.

Such risks and uncertainties include, without limitation: (i) the MOU establishes a framework for exploratory evaluation only, does not obligate either party to proceed with any transaction, and either party may decline to proceed at any time, for any reason or no reason, without liability; (ii) the risk that the parties do not enter into any definitive agreement and that no commercial relationship results from the MOU; (iii) the risk that integration of the parties’ technologies proves technically or operationally infeasible, or does not meet performance, security, or customer requirements; (iv) the risk that anticipated benefits, applications, or markets do not materialize on the expected timeline or at all; (v) the risk that the proposed merger between Powerus and Aureus Greenway Holdings Inc. is not completed on the expected timeline or at all, including the risk that the Form S-4 does not become effective or that required approvals are not obtained; (vi) competitive, regulatory, export-control, and government-procurement risks affecting the defense technology sector; and (vii) the other risks described in the filings of Aureus Greenway Holdings Inc. and Swarmer, Inc. with the U.S. Securities and Exchange Commission.

In connection with the proposed merger, Aureus Greenway Holdings Inc. has filed or will file relevant materials with the SEC, including a registration statement on Form S-4 containing a proxy statement/prospectus. Investors and security holders are urged to read those materials when available because they contain important information. Forward-looking statements speak only as of the date of this release, and except as required by law, neither company undertakes any obligation to update them. This release does not constitute an offer to sell or the solicitation of an offer to buy any securities.

NO OFFER OR SOLICITATION
This document is for informational purposes only and is not intended to and shall not constitute an offer to buy or sell or the solicitation of an offer to buy or sell any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made, except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended.

IMPORTANT INFORMATION AND WHERE TO FIND IT
In connection with the transaction, AGH will file a registration statement on Form S-4 with the SEC, which will include an information statement and preliminary prospectus of AGH. After the registration statement is declared effective, AGH will mail to its stockholders a definitive information statement. Additionally, AGH expects to file other relevant materials with the SEC in connection with the merger. Investors and security holders are urged to read the registration statement and joint information statement/prospectus when they become available (and any other documents filed with the SEC in connection with the transaction or incorporated by reference into the joint information statement/prospectus) because such documents will contain important information regarding the proposed transaction and related matters. Investors and security holders may obtain free copies of these documents and other documents filed with the SEC by AGH through the website maintained by the SEC at http://www.sec.gov or at AGH’s website at https://www.aureusgreenway.com/secfilings.

Media and Investor Contacts
Powerus — Media: Escalate PR contact / press@power.us
Powerus — Investor Relations: Jason Assad / 678-570-6791
Swarmer — Media: media@swarmer.tech
Swarmer — IR: SWMR@gateway-grp.com


FAQ

What did Powerus (PUSA) announce in its June 3, 2026 MOU with Swarmer (SWMR)?

Powerus announced a non-binding MOU with Swarmer to explore integrating Swarmer’s swarming software with Powerus autonomous systems. According to Powerus, the collaboration will evaluate technical and operational feasibility for defense, border security, critical infrastructure protection, and counter-drone missions across air and maritime platforms.

Does the Powerus and Swarmer MOU create any financial obligations for PUSA shareholders?

The MOU between Powerus and Swarmer does not create any production, procurement, or financial obligations. According to Powerus, it only sets a framework for good-faith technical exchanges, interoperability assessments, integration testing, and demonstration planning related to multi-vehicle autonomous and counter-drone missions.

How will the Powerus–Swarmer MOU impact autonomous defense and counter-drone capabilities for PUSA?

The MOU may help Powerus evaluate new autonomous defense and counter-drone concepts, but remains exploratory. According to Powerus, the parties intend to assess interoperability between Swarmer’s multi-vehicle coordination platform and Powerus air and maritime systems, mission payloads, and U.S.-based manufacturing and integration resources.

What missions are targeted by the Powerus (PUSA) and Swarmer (SWMR) autonomous swarming collaboration?

The collaboration targets defense, border security, counter-drone, and critical-infrastructure protection missions. According to Powerus, the companies plan to explore joint deployment concepts that combine Swarmer’s vendor-agnostic coordination platform with Powerus’s unified autonomous systems architecture for air and maritime operations and related mission systems.

How does the Powerus–Swarmer MOU relate to the proposed merger involving PUSA?

Powerus has a previously announced proposed merger with Aureus Greenway Holdings (Nasdaq: PUSA) that has not yet closed. According to Powerus, completion remains subject to customary conditions, including Form S-4 effectiveness and regulatory approvals, and the Swarmer MOU is a separate exploratory agreement.