Neros, Founded by Ex-Drone-Racing Teens, Wins Up to $500M Army Drone Contract

Neros, a startup founded by former drone-racing teenagers, has secured a contract with the U.S. Department of Defense worth up to $500 million to supply first-person-view (FPV) drones to the Army. The company's drones are modeled after the Ukraine-style FPV drones used in modern warfare and are designed to be cost-competitive with popular Chinese drone models. This contract marks a significant milestone for the young company, highlighting the Pentagon's push to rapidly acquire low-cost, combat-proven drone technology from non-traditional defense contractors.

First published Jul 30, 05:01 AM UTC1 reports · 1 sources

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currentJul 14, 09:15 PM UTC

Neros, Founded by Ex-Drone-Racing Teens, Wins Up to $500M Army Drone Contract

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Neros, Founded by Ex-Drone-Racing Teens, Wins Up to $500M Army Drone ContractWSJ.com: PoliticsWesternJul 14, 09:15 PM UTC

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U.S. Department of Defense U.S. Army US Army