Neros

Neros Technologies
TypePrivate
IndustryDefense industry, Drone manufacturing
Founded2023
FoundersSoren Monroe-Anderson
Olaf Hichwa
HeadquartersTorrance, California
Key peopleSoren Monroe-Anderson (CEO)
Olaf Hichwa (CTO)
Products
Websitewww.neros.tech

Neros Technologies is an American defense technology company headquartered in Torrance, California. Established in 2023 by former drone racers Soren Monroe-Anderson and Olaf Hichwa, the company specializes in the design and manufacture of low-cost, expendable unmanned aerial vehicles (UAVs) for military applications. Its "Archer" drone is a mass-producible system designed to operate without reliance on supply chains from China.

History

Neros was founded in 2023 by Soren Monroe-Anderson and Olaf Hichwa, who met in 2017 at a drone racing competition in Muncie, Indiana. Monroe-Anderson, a prominent drone racer, and Hichwa, a designer of custom circuit boards for racing drones, were motivated to start the company following the Russian invasion of Ukraine. Initially operating out of a garage, the founders began by building drones for Ukrainian forces using components sourced from China, personally delivering them to Kyiv in late 2023.

In order to address the strategic vulnerability of relying on Chinese supply chains, the pair moved operations to El Segundo, California, to develop a fully American-made drone platform. Now part of an aerospace and hard-tech industry hub locally known as "Gundo", the company attracted significant venture capital investment, raising approximately $370 million by late 2026 from firms including Sequoia Capital and Valor Equity Partners. The company was last valued at $2.5B

Products

The company's primary product is the Archer, a small, quadcopter-style first-person view (FPV) drone designed for asymmetric warfare.

The Archer is a modular 5–10 in (130–250 mm) quadcopter capable of carrying a 1.5–7 lb (0.68–3.18 kg) payload with a range exceeding 15.3 miles (24.6 km). Unlike commercial drones like those made by DJI, which are often easy to fly but reliant on foreign components, the Archer is designed to be "attritable" (expendable) and resistant to electronic jamming. The drone utilizes low-cost, non-military grade chips, such as those used in parking meters, to keep production costs low while avoiding Chinese supply chains.

Operations

Neros operates a manufacturing facility in Torrance, California, where it produces drones using manual assembly lines. As of late 2025, production rates were scaling rapidly: while The New York Times reported a monthly production of 2,000 units in November 2025, Bloomberg reported in August 2026 that output had reached around 1,200 drones per week. The company's workforce of over 250 employees includes former engineers from major aerospace and defense firms such as SpaceX, Palantir Technologies, and Anduril Industries.

The company emphasizes "hard-tech" manufacturing, distancing itself from the software-centric culture of Silicon Valley. Neros vertically integrates much of its production to ensure compliance with U.S. Department of Defense supply chain requirements, which prohibit Chinese components in critical defense systems.

Contracts and deployments

Neros has secured several contracts with U.S. and international defense agencies. The U.S. Army selected Neros as a vendor for the "Purpose-Built Attritable Systems" program, aiming to supply low-cost drones. The U.S. Marine Corps awarded Neros a $17 million contract to supply thousands of drones. In Ukraine, Neros concluded a contract with the International Drone Coalition to supply 6,000 drones for use in the ongoing war with Russia.

In December 2024, Neros was placed on a sanctions list by the Chinese government, a designation the company described as a "badge of honor."

In July 2026, the US Army awarded Neros a $500M contract to supply its Archer FPV drones under the Purpose Built Attritable System (PBAS) program.

References

  1. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Stockman, Farah (10 November 2025). "The 20-Somethings Who Raised $121 Million to Build Military Drones". The New York Times.
  2. 1 2 3 4 5 6 Albon, Courtney (3 July 2025). "'Made-in-America' drone maker Neros awaits its big Pentagon break". Defense News.
  3. 1 2 3 4 5 "America's fight back against China starts in Los Angeles—in flip-flops". The Economist. 18 December 2025.
  4. 1 2 Chapman, Lizette (11 August 2026). "Defense Startup Neros Triples valuation to $2.5 billion". Bloomberg.
  5. ↑ "China slaps sanctions on 13 US military firms over Taiwan arms sale". Reuters. December 5, 2024.
  6. ↑ Somerville, Heather (14 July 2026). "Startup Mass-Producing Cheap Killer Drones Wins $500 Million Army Contract". Wall Street Journal.