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.
The Pentagon wants 250,000 cheap drones by end of 2027. Russia builds 7.3 million a year. Bloomberg's tour of Utah's drone plants shows why the gap stays.

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 is the only company on both Gauntlet II leaderboards, Perennial Autonomy wins deep strike, and March champion Skycutter drops to fourth.

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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