Aureus Greenway Holdings Inc. (NASDAQ:PUSA) shares are trading lower on Friday, under pressure from profit-taking.

The pullback follows a rally on Thursday, which was fueled by a major military contract announcement on Wednesday evening tied to its planned merger partner, Autonomous Power Corp., doing business as Powerus.

The Nasdaq is up 0.37% while the S&P 500 has gained 0.24%.

• Aureus Greenway Holdings stock is showing notable weakness. Why is PUSA stock dropping?

The $1 Billion Drone Initiative

Powerus announced on Wednesday that the U.S. Department of Defense selected its MatrixFold multi-purpose attack drone to compete in the Phase II qualifier of the Pentagon's $1 Billion Drone Dominance Program. The initiative aims to field tens of thousands of low-cost, one-way attack drones to bolster the U.S. manufacturing base. The Phase II Qualifier window is estimated for June.

Changing The Math Of War

“The math of war has changed. A thousand-dollar drone can take out a multi-million-dollar target, and whoever can put a combat-ready first-person view in a soldier’s hands at scale wins that exchange,” said Andrew Valkenburg, Powerus executive vice president of Technology and Manufacturing, in the company’s official statement.

Merger Mechanics In Focus

Powerus previously announced a proposed merger with Aureus Greenway Holdings, which recently changed its Nasdaq ticker symbol to PUSA. The deal, approved by both boards, is expected to close in summer 2026, renaming the combined entity Powerus Corp.

PUSA Stock: Key Levels and Breakout Potential

May stands out as a key inflection month with both the 52-week high ($4.85) and 52-week low ($3.32) set in the same window.

  • Key Resistance: $4.85 — The 52-week high from May is the clearest overhead supply zone
  • Key Support: $3.32 — The 52-week low from May is the main downside reference from recent capitulation

PUSA Stock Price Activity: Aureus Greenway shares were down 11.00% at $3.85 at the time of publication on Friday, according to Benzinga Pro data.

Read Also: SoFi Shares Surge On Stablecoin Rollout: What Investors Need To Know

Photo Courtesy: MMD Creative on Shutterstock.com