Skip to content
Back to Guavy Wire
Commodities

Powerus Lands $22.3M Contract to Protect Middle East Oil and Gas from Drone Threats

Instruments
Oil
Share

A US-based company, Powerus, has secured a contract worth approximately USD 22.3 million to provide networked counter-uncrewed aircraft system (C-UAS) detection and tracking capabilities to protect critical oil and gas infrastructure in the Middle East.

The system will offer a unified operational picture through command and control capabilities located at the customer's operations centre, enabling operators to identify, track, and assess potential UAS threats across their operating environment.

This contract comes amid escalating tensions in the region, with several Middle Eastern countries reporting drone attacks on oil and gas infrastructure in recent months. Yemen's Iran-aligned Houthi rebels claimed responsibility for a drone attack on a refinery in Saudi Arabia earlier this month, while an oil storage facility in Fujairah, United Arab Emirates reported that it had been targeted in March.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc