Guavy AI Editorial TeamSentiment: -2Clout: 65

Trump Family Deals Raise Concerns Among Democratic Lawmakers

A US-based drone maker, Autonomous Power Corporation (Powerus), has closed a deal with the US Air Force for its Guardian-2 Interceptor systems. The system is designed to neutralize enemy drones directed at US assets and is considered a low-cost, semi-autonomous, high-speed counter-drone interceptor platform.

The deal is worth up to $43 million and marks the latest development in a series of transactions involving ventures with ties to President Donald Trump's family. Democratic lawmakers have raised concerns about these deals, which they see as potential conflicts of interest.

AI Financial Corporation (NASDAQ: AIFC), a publicly traded crypto firm linked to the Trump family, has also made headlines recently. The company purchased Block Street Corp., a crypto infrastructure business founded by one of its own advisors, Matthew Morgan. This deal is worth up to $43 million and is seen as an expansion of AI Financial's payment systems into 'tokenized assets' and 'real-world asset tokenization.'