From NY Times...
Mr. Monroe-Anderson, now 22, and Mr. Hichwa, who just turned 24, are selling drones to the U.S. Army. (They just raised $121 million.)
Neros, the company they founded in 2023, has been selected to supply its signature drones, called Archer, to the Army, according to documents reviewed by The New York Times. Neros is one of three American drone manufacturers picked as vendors for the first phase of an Army program that is buying low-cost, expendable drones.
Although specific financial terms have not been disclosed, the Trump administration has budgeted more than $36 million for the “Purpose-Built Attritable Systems” program in 2026.
Neros’s selection comes as military leaders are scrambling to catch up with adversaries who have the ability to mass-produce small drones, which have become crucial to modern warfare. The Army aims to buy at least one million drones in the next two to three years, Army Secretary Daniel Driscoll told Reuters on Friday.
Full article
Mr. Monroe-Anderson, now 22, and Mr. Hichwa, who just turned 24, are selling drones to the U.S. Army. (They just raised $121 million.)
Neros, the company they founded in 2023, has been selected to supply its signature drones, called Archer, to the Army, according to documents reviewed by The New York Times. Neros is one of three American drone manufacturers picked as vendors for the first phase of an Army program that is buying low-cost, expendable drones.
Although specific financial terms have not been disclosed, the Trump administration has budgeted more than $36 million for the “Purpose-Built Attritable Systems” program in 2026.
Neros’s selection comes as military leaders are scrambling to catch up with adversaries who have the ability to mass-produce small drones, which have become crucial to modern warfare. The Army aims to buy at least one million drones in the next two to three years, Army Secretary Daniel Driscoll told Reuters on Friday.
Full article