Neros Signs $450M Conditional Loan Commitment From Office of Strategic Capital to Establish America's Drone Industrial Base

Neros has announced a $450M conditional loan commitment from the Office of Strategic Capital to accelerate vertically integrated manufacturing of multiple drone platforms and the critical components that go into them. Alongside the OSC funding, Neros is committing $165M in equity to this effort, bringing the total project size to $615M and giving the American taxpayer an ownership stake in the company.

‍

Since Neros’ founding, we’ve believed that the United States and its allies would need scaled production of military drones for credible deterrence against adversarial powers. This funding from the Office of Strategic Capital is a massive endorsement of manufacturing these critical technologies in America, keeping our fighting forces the most lethal in the world, and onshoring the supply chains and components we’ll rely on during extended conflicts.

‍— Soren Monroe-Anderson, CEO and Co-Founder, Neros

To unleash Drone Dominance, America needs to demonstrate more than advanced drone technology; it must also foster the supply chain resilience and industrial base required to sustain Drone Dominance. That means drones specifically designed for mass manufacturing, production lines built around those designs, and massive, predictable inflows of materials and components needed to maintain high production rates.

With this latest funding, the Department of War has signaled their long-term commitment to Neros – already the highest volume producer of lethal FPV drones in America – being the manufacturing engine that transforms America into an indisputable drone superpower.