What Happened
Trump Invests In AI-Powered Defense Systems Company
Eric Trump has backed a $638 million merger between Space-Eyes and McKinley Acquisition, with the goal of expanding the AI-powered defense systems business. Space-Eyes’ platform uses collaborative AI to detect, track, and identify hostile drones, and the company plans to use third-party manufacturers to secure government contracts worldwide. The deal comes amid the ongoing Iran war and a shortage of weapons for US forces, according to Manufacturing Dive.