Neros Gives Pentagon A Small Stake With No Vote, Then Asks Who Buys
Neros says the Pentagon gets a small stake with no vote for its $450M loan, its first motors are built, and its growth chief asks who buys the drones.
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Neros says the Pentagon gets a small stake with no vote for its $450M loan, its first motors are built, and its growth chief asks who buys the drones.
OSC offered Neros up to $450 million to build drones and parts in Torrance. Neros says taxpayers get an ownership stake. OSC's release doesn't mention one.

Neros says Gauntlet II brought a 14,000-drone order worth over $100 million, plus 800 Gauntlet I drones taken from rivals that missed their deadline.

Neros closed a $250 million Series C at a $2.5 billion valuation. It builds 1,200 drones a week and has promised a million a year by 2028.
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