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Neros Raises $35M Series A to Accelerate American Drone Manufacturing
- Neros has raised $35 million in Series A funding to accelerate American drone manufacturing, aiming to compete with China on scale and technology.
- The company plans to manufacture increasing quantities of its FPV drone, Archer, and ground control station, Crossbow.
- Neros is expanding its engineering team to integrate cutting-edge technology for future products.
- The dependency on Chinese components for drone manufacturing has highlighted vulnerabilities in the supply chain, urging the need for domestic production of critical components.
- Neros CEO emphasizes the importance of building new systems tailored for modern battlefield needs and sourced from allied supply chains.
- The traditional approach of sourcing defense-grade components has limitations in scale and cost, leading to saturation in the market.
- Neros aims to revolutionize American drone production by using vertical integration and consumer technology to achieve large-scale production efficiencies previously unseen in the U.S.
- The company focuses on delivering high performance at reduced costs, with its FPV drone, Archer, being recognized for its precision and mission capabilities at a lower cost.
- Neros is developing autonomy features for drones, envisioning intelligent swarms that can transform defense and security operations.
- To achieve its goals, Neros is expanding its team with experts across autonomy, robotics, hardware design, and software engineering.
- The company invites individuals interested in the defense industry challenges to join their team at Neros.
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