Neros Technologies

Archer FPV, attritable drones, US manufacturing

US$2.5B privateest. 2023neros.tech (opens neros.tech)Checked 11 Oct

The brief

Analyst view
  • Manufactures 1,200 Archer FPV drones per week (~62K/year) from California with zero Chinese components.
  • Won $500M Army IDIQ contract in July 2026 and $250M Series C at $2.5B led by Sequoia and ASTF.
  • Targets 1 million drones/year by 2028 via new California plant and UK sovereign manufacturing.

Technical approach

As reported
US Manufacturing

No Chinese components, built domestically

Neros manufactures Archer entirely in the US, with zero Chinese components down to the chip level, meeting US military supply-chain security requirements.

FPV Platform

First-person-view attack drone

Archer is a FPV drone with modular payloads, built for low cost (~$2,000 per unit) and high production rates, enabling large-scale deployment.

Terminal Guidance

Archer AI autonomous targeting

Archer AI variant adds terminal guidance and GPS-denied position holding, enabling autonomous attack missions without constant operator control.

Counter-Drone System

Bandit interceptor platform

The Bandit counter-UAS drone intercepts Class 2-3 threats (Shahed-style systems) and is being deployed operationally by end of 2026.

Primer