• Aerospread Technologies is now the exclusive distributor for the xFold platform in New Zealand, Australia, and the South Pacific, with sales targets of approximately $60 million or more over five years; Sprig Aerospace is now an authorized U.S. distributor and marketing partner and will fly Powerus xFoldTM aircraft exclusively for its commercial spraying operations.
• The xFoldTM Dragon H1000 has received a Special Airworthiness Certificate in the Experimental category from the FAA.
• 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

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