Drone maker Neros closes Series B round to expand industrial capacity - The Robot Report

Neros Technologies, a U.S.-based military drone maker founded in 2023, has closed a $75 million Series B funding round led by Sequoia Capital, bringing its total raised capital to over $120 million. The company plans to use the new funds to accelerate production capacity expansion, strengthen its China-free domestic supply chain, and ramp up research and development for next-generation autonomous systems. Neros has experienced rapid growth, including significant revenue increases and major customer deployments such as a large drone purchase by the U.S. Marine Corps and selection as a primary supplier of FPV drones to the U.S. Army’s Purpose-Built Attritable Systems program. Neros designs most of its components in-house with a focus on performance improvements like resistance to electronic warfare. Its flagship products include the Archer and Archer Strike FPV drones and Ground Control Systems. The company emphasizes a vertically integrated manufacturing approach to insource key production steps and invest in allied suppliers. Beyond U.S. military contracts, Neros