# Drone maker Neros gets conditional Pentagon loan commitment of up to $450 million

Department of War financing would support domestic drone and component production, including parts for other manufacturers. Neros must meet additional requirements before financial close.

Published 2026-11-02 by TGOs. Canonical: https://tgos.io/news/2026/11/02/drone-maker-neros-gets-conditional-pentagon-loan-commitment-of/

The Department of War’s Office of Strategic Capital (OSC) announced a conditional loan commitment of up to $450 million to Neros.[1] Neros is a U.S.-based developer and manufacturer of dual-use small unmanned aircraft systems.[1]

The planned expansion reaches beyond Neros’ own drones: OSC expects the capacity to supply components to other U.S. and allied drone manufacturers as well as support Neros’ internal production.[1] Those components are intended to comply with the National Defense Authorization Act.[1]

OSC financing, alongside additional private capital, would support expanded domestic manufacturing of drone platforms, ground control systems and components including motors, radios, flight electronics, sensors and batteries.[1] The company’s Torrance, California facility is intended to help bring production of complete systems and subcomponents, including propulsion motors, flight stacks, radios and thermal sensors, into the United States.[1]

Neros must satisfy financial, legal, technical, investment, due diligence and other requirements before financial close.[1] The announcement does not disclose the loan term, interest rate, amount of additional private capital or any production or capacity figures.[1]

## Why it matters

OSC intends the expansion to reduce reliance on foreign-made components by supporting domestic manufacturing of complete drone systems and their subcomponents.[1]

## Sources

1. Department of War: Office of Strategic Capital signs conditional loan commitment of up to $450 million with Neros, Inc. <https://www.war.gov/News/Releases/Release/Article/4638926/department-of-wars-office-of-strategic-capital-signs-conditional-loan-commitmen/>
