TORRANCE, CA, Neros Technologies has announced a $250 million Series C at a post money valuation of $2.5 billion.
The round was co-led by Sequoia Capital and American Strategic Technology Fund (ASTF) with participation by Interlagos, Valor Equity Partners, Allen & Company, Thiel Capital, Spark Capital, and Dylan Field.
Neros is building a new era of credible deterrence for America and its allies by establishing a domestic drone industrial base in the United States. By 2028, Neros will be producing a million drones per year across a range of capabilities including long range strike, close-quarters combat, and interceptors. Neros has major contracts with the Army, Marine Corps, as well as contracts with every component of SOCOM and half a dozen allied countries. The company is partnering with allies across Europe via its UK subsidiary, as well as other allied nations across Asia and the Middle East in support of their own defense and sovereign manufacturing needs.
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