Newswire / Brief
Pentagon Offers Up to $450 Million Loan to Neros for U.S. Drone Manufacturing Expansion
The U.S. Department of War’s Office of Strategic Capital has committed up to $450 million in a conditional loan to Neros, a California-based manufacturer of small military drones. This financing is intended to support the domestic production of drones and their critical components. The commitment would bring Neros' planned manufacturing investment to a total of $615 million.
Why it matters
The loan aims to bolster domestic drone production and critical component manufacturing within the United States.
Source: DroneLife — read the original
Source published 10 Nov 2026, 17:13 UTC