Pentagon backs Neros with $450M conditional loan for $615M US drone manufacturing expansion
The startup is pledging $165 million in equity toward scaling small-UAS production as the Defense Department pushes domestic suppliers.
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- The SOFX ReportPentagon Signs $450M Neros Loan to Mass-Produce Domestic Drone Components
- Tectonic DefensePentagon Takes Stake in Neros with $450M OSC Loan
- AOL.comNEROS SIGNS $450M CONDITIONAL LOAN COMMITMENT WITH THE OFFICE OF STRATEGIC CAPITAL TO ESTABLISH AMERICA'S DRONE INDUSTRIAL BASE
- YahooNEROS SIGNS $450M CONDITIONAL LOAN COMMITMENT WITH THE OFFICE OF STRATEGIC CAPITAL TO ESTABLISH AMERICA'S DRONE INDUSTRIAL BASE