Aureus Greenway Holdings

What Aureus Greenway Holdings does

Aureus Greenway Holdings Inc. is a Nevada-incorporated public company (Nasdaq: AGH) that owns and operates two daily-fee public golf country clubs in Kissimmee, Florida: Kissimmee Bay Country Club (par-71, 6,830 yards) and Remington Golf Club (par-72, 7,111 yards), spanning 289 acres approximately 25 minutes from Orlando's major attractions and airport. The legacy business generates revenue through green fees, cart rentals, annual memberships, food and beverage, pro shop sales, aquatic driving ranges, and group events including weddings, tournaments, and corporate outings. FY2025 revenue was $2.96 million, down 10% from $3.3 million in FY2024, partly due to the temporary closure of Remington for renovations, and the company reported a net loss of $3.68 million with negative gross margin.

In March 2026 the company announced a definitive merger with Powerus (Autonomous Power Corporation), a US drone manufacturer, to create Powerus Corporation on Nasdaq under ticker PUSA. Powerus produces heavy-lift drones capable of 675kg payloads, the MatrixFold multi-purpose attack drone selected for Phase II of the Pentagon's $1 billion Drone Dominance Program, the Guardian-2 semi-autonomous counter-drone interceptor procured by the US Air Force, and autonomous boat conversion services. The transaction is supported by a $50 million strategic investment from Korea Climate & Governance Improvement Fund (KCGI) and is expected to close in summer 2026.

Capital formation since the February 2025 IPO has been substantial, including approximately $12 million at IPO, $26 million via a July 2025 private placement, and a $9 million March 2026 private placement, with cumulative funding reaching roughly $47 million of equity proceeds. The combined entity would target defense and commercial drone segments, leveraging regulatory tailwinds from the Trump administration's ban on Chinese-manufactured drones and Pentagon demand for domestically produced autonomous systems.

Name

Aureus Greenway Holdings

Legal name

Aureus Greenway Holdings Inc.

Website

https://aureusgreenway.com

Company type

Public

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Aureus Greenway Holdings owns two public golf country clubs near Orlando, Florida, and is pivoting via a pending merger with Powerus into a US-based drone and defense manufacturer targeting Pentagon and counter-UAS procurement contracts.

Ownership category

akta.pro rank

Product category

Public Golf & Country Club Services

NAICS

Golf Courses and Country Clubs (713910)

SIC

Services-Membership Sports & Recreation Clubs (7997)

akta.pro primary industry

Golf Clubs & Tournament-Host Clubs (Professional/Elite Golf Clubs) (MPAKABAE)

akta.pro secondary industries

Golf Equipment, Apparel & Pro Shop Retail (CRAMABAG), Athletic Field & Golf Course Groundskeeping (IMAIAIAH)

Keywords

• Public golf courses
• Golf country club
• Golf memberships
• Golf event hosting
• Banquet and tournament services

Headquarters

HQ city

Florida

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Green Fees and Daily Play: Revenue from daily fee public golf play at Kissimmee Bay Country Club and Remington Golf Club, charging per round based on time of day, day of week, and season. Approximately 56,000 rounds played in 2024.
2. Golf Cart Rentals: Cart rental fees charged per round as an add-on service to golfers
3. Membership Programs: Annual fee-based programs offering unlimited rounds at both courses with select discounts on services
4. Food and Beverage: Daily lunch, snacks, and full bar service at both clubhouses with Florida liquor licenses
5. Pro Shop Sales: Golf equipment, apparel, and on-premise rental sets sold through pro shops
6. Aquatic Driving Ranges: Revenue from aquatic golf driving range facilities at both locations
7. Events and Tournaments: Banquets up to approximately 200 guests at Kissimmee Bay, tournament services including bag drop, scoring, and cart placards; weddings, galas, meetings, and holiday parties
8. Drone Defense Systems: Powerus revenue from sale of autonomous drone systems including heavy-lift drones, attack drones, counter-drone interceptors, and autonomous boat conversions for military and commercial applications

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Aureus Greenway Holdings owns and operates two daily-fee public golf country clubs — Kissimmee Bay Country Club and Remington Golf Club — on 289 acres in Kissimmee, Florida. The company sells green fees, cart rentals, annual memberships, food and beverage, pro shop merchandise, aquatic driving range access, and event hosting (tournaments, weddings, banquets up to ~200 guests). It is a public company on Nasdaq under ticker AGH and has announced a merger with Powerus to enter drone/defense.

Product overview

Aureus Greenway Holdings Inc. is a Nevada holding company that owns and operates two daily-fee public golf country clubs in the greater Orlando, Florida region: Kissimmee Bay Country Club and Remington Golf Club. Together these properties span 289 acres and feature two 18-hole golf courses totaling over 13,000 yards of combined fairways. The company operates a unified portfolio of golf and hospitality services at each property, including cart rentals, putting greens, aquatic driving ranges, pro shops, membership programs, food and beverage operations, and event hosting for tournaments, weddings, and private functions. Both clubs are designed to appeal to a broad demographic of local and tourist golfers, with strategic proximity to Orlando-area attractions and Orlando International Airport.

Differentiator

Problem solved

Functional benefit

Products and services

• Kissimmee Bay Country Club An 18-hole daily-fee public golf course in Kissimmee, Florida with par-71 layout (6,830 yards across five tee sets), upgraded Champion G12 ultradwarf Bermuda greens, clubhouse with full kitchen, bar, banquet room, antique display, aquatic driving range, and pro shop. Targets local golfers, tourists, and event customers in the greater Orlando region.
• Remington Golf Club An 18-hole daily-fee public golf course in Kissimmee, Florida with par-72 layout (7,111 yards across five tee sets) woven through hardwoods, palms, and tropical flora, opened in 1996, with clubhouse amenities including full kitchen, bar, and pro shop. Targets local golfers, tourists, and event customers.
• Annual Membership Programs Annual subscription program offering unlimited rounds at both Kissimmee Bay Country Club and Remington Golf Club, with select discounts on food and beverage and ancillary services. Targets frequent local golfers seeking recurring value beyond per-round pricing.
• Events, Banquets, Weddings & Tournaments Banquet facilities accommodating up to approximately 200 guests at Kissimmee Bay, tournament services including bag drop, scoring, and cart placards, plus weddings, galas, corporate meetings, and holiday parties at both clubs. Targets corporate event planners, charities, and private celebrants.

Quantifiable outcome

• Kissimmee Bay named one of 'Best Courses in Orlando Under $100' by Golf Digest in 2023
• +2 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Two partnerships are on record, tiered strategic and minor.

• Digital Force TechnologiesstrategicTechnology or Integration · 8 April 2026Powerus announced strategic collaboration with Digital Force Technologies to develop an integrated counter-UAS (counter-unmanned aircraft systems) system aimed at defense and national security markets. Future plans include autonomous and AI-driven defense platforms.
• Lt. General (Ret.) Keith KelloggminorOthers · 31 March 2026Lt. General (Ret.) Keith Kellogg, former White House National Security Advisor and Special Presidential Envoy for Ukraine and Russia, joined Powerus Board of Advisors with over 30 years of military leadership experience to strengthen the company's U.S. defense autonomy strategy.

Scale indicators15 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Drive Shack: Public operator of golf entertainment venues and traditional golf courses (PGA member clubs). Closely comparable to AGH's daily-fee public golf country club model with F&B, events, and pro shop revenue streams.
• AeroVironment: Public US-based drone manufacturer supplying small UAS, loitering munitions, and counter-drone systems to the DoD. Closest comparable post-merger for Powerus's MatrixFold attack drone and Guardian-2 counter-UAS product lines.
• Red Cat Holdings: Small public US drone manufacturer focused on military, defense, and security applications, including short-range reconnaissance and tactical drones. Closely comparable size and product overlap with Powerus post-merger.
• Unusual Machines: Public NDAA-compliant drone component supplier and emerging drone OEM. Comparable as a US-based drone ecosystem participant and direct investor/partner of AGH/Powerus (committed $5M+ component order).
• DroneShield: Public counter-UAS / drone detection company with products aimed at military, law enforcement, and critical infrastructure. Directly comparable to Powerus's Guardian-2 counter-drone interceptor and counter-UAS positioning.
• Century Golf Partners: Private golf course management company managing a portfolio of public and private clubs. Comparable to AGH as a multi-property golf course operator offering management, F&B, and event services.
• American Golf: One of the largest private operators of golf courses in the US, managing public, private, and resort courses. Comparable to AGH as a multi-property golf country club operator with ancillary F&B and event revenue.
• Heritage Golf Group: Private owner/operator of country clubs and golf clubs across multiple US markets. Comparable to AGH as a multi-property golf and country club operator with membership and amenity-driven revenue model.

Broad incumbents

• Kratos Defense & Security Solutions: Public defense prime with a drone division (target drones, tactical UAS) plus broader electronic warfare and unmanned systems. Comparable as a scaled public platform competing for Pentagon drone and counter-UAS dollars.
• Topgolf Callaway Brands: Public company combining golf equipment (Callaway), apparel, and Topgolf entertainment venues. Comparable through shared golf consumer base, pro shop equipment sales, and golf entertainment/event positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/KissimmeeBayCC
• Instagraminstagram.com/kissimmeebay_golf
• LinkedInlinkedin.com/company/aureus-greenway

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 records

Funding overview

Funding rounds2 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aureus Greenway Holdings