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Neros Stock

Private Company · Price from Clarity
$74.70 +0.03 (+0.04%)
As of Oct 22, 2026
522.50%
Valuation$2.5B1
Valuation DateAug 11, 2026
Implied Valuation$3.79B
Last Price$74.70
52-Week High$74.70
52-Week Low$12.00
YTD Return+214.53%
1-Year Return+522.50%
3-Year Returnn/a
Total Funding$370.9M2
Latest Round Amount$250M1
Latest RoundSeries C
Funding Rounds4
IPO StatusUnknown
Expected IPO Daten/a
Revenuen/a
Revenue Typen/a
P/S Ration/a

About Neros

Neros is a defense manufacturer that designs and mass-produces first-person view (FPV) attack drones and counter-drone systems for the United States military and allied forces. Its flagship Archer and Archer Strike platforms are low-cost attritable strike drones. It also builds Archer AI for autonomous and GPS-denied targeting, the Bandit counter-UAS interceptor and the ground control systems that operate them. Neros makes money by selling these drones and related hardware to military customers, including the U.S. Army, which selected it as a primary FPV supplier under the Purpose-Built Attritable Systems program and later awarded a five-year contract with a $500 million ceiling. The company runs a vertically integrated, China-free supply chain and operates a 250,000-square-foot factory in Torrance, California that it is scaling toward one million drones per year. It was founded in 2023 by former competitive drone racers Soren Monroe-Anderson and Olaf Hichwa.

Categories Defense, Drones, Robotics
Founded 2023
Country United States
CEO Soren Monroe-Anderson
Founders Soren Monroe-Anderson, Olaf Hichwa
Headquarters Torrance, CA

Invest in Neros

Neros is a private company, so you can't purchase it with a regular brokerage account. However, its shares are available on Clarity (formerly Hiive).

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News

Neros, Perennial Autonomy lead in Pentagon's drone competition

Military Times reported Neros ranked among the leaders in the Pentagon's Drone Dominance Gauntlet competitions, with CEO Soren Monroe-Anderson citing strong warfighter feedback on the modular Archer p...

22 days ago - Military Times

Neros, Perennial Autonomy Lead in Pentagon's Drone Competition

Defense News reported that Neros ranked among top performers in Pentagon Drone Dominance gauntlets, with orders totaling roughly $100 million.

22 days ago - Defense News

Neros Awarded $100 Million Order Through Drone Dominance Gauntlet II

Neros received a Department of War order for 14,000 Archer drones and payloads valued at over $100M after strong Gauntlet II mission scores.

23 days ago - Neros

Neros awarded $100 million order through Drone Dominance Gauntlet II

The Department of War ordered more than 14,000 Archer AI and Archer 5-inch drones and payloads through Gauntlet II after Neros ranked first in close-quarters battle and third in deep strike, plus an 8...

23 days ago - PR Newswire

Neros Makes Both Pentagon Gauntlet II Boards As Skycutter Falls To 4th

Neros placed first in the Pentagon Drone Dominance Program's Gauntlet II close-quarters mission and third in deep strike, making it the only company on both top-five leaderboards.

4 weeks ago - DroneXL

US Marines Launch Archer Drone From Craft Off Okinawa

U.S. Marines conducted a September 18 maritime proof-of-concept off Okinawa, launching a Neros Archer FPV drone from a Multi-Mission Reconnaissance Craft to test sea-to-shore employment.

5 weeks ago - Baird Maritime

Neros Technologies Raises $250M Series C for Drones

Torrance-based Neros Technologies closed a $250 million Series C at a $2.5 billion post-money valuation to accelerate Archer AI and Bandit interceptor production. CEO Soren Monroe-Anderson said the co...

7 weeks ago - Los Angeles Times

Neros Technologies raises $250M as Sequoia triples down and production hits 1,200 drones per week

Neros closed its Series C at a $2.5B valuation with production scaling to 1,200 drones per week and the launch of Bandit, a new interceptor drone for air base defense.

2 months ago - TBPN Digest

Neros Technologies raises $250M to deploy its defense drones by the end of 2026

The Robot Report covers Neros' $250 million Series C, which lifted the drone maker to a $2.5 billion valuation. Neros plans to deploy its Archer AI and Bandit platforms in combat theaters by the end o...

2 months ago - The Robot Report

Neros Raises $250 Million, Triples Valuation to $2.5 Billion for Drone Expansion

Neros raised $250 million in a Series C round co-led by Sequoia Capital and American Strategic Technology Fund, tripling its valuation to $2.5 billion. The Torrance, California defense startup will us...

2 months ago - Bloomberg

Neros Raises $250M Series C at $2.5B Valuation to Scale Autonomous and Interceptor Drone Programs

Neros Technologies announced a $250 million Series C at a $2.5 billion post-money valuation, co-led by Sequoia Capital and American Strategic Technology Fund, to accelerate production of Archer AI and...

2 months ago - PR Newswire

Neros Raises $250M Series C at $2.5B Valuation to Scale Autonomous and Interceptor Drone Programs

Neros announced a $250 million Series C at a $2.5 billion post-money valuation, co-led by Sequoia Capital and the American Strategic Technology Fund. The funds back new programs including the Archer A...

2 months ago - Neros

US startup founded by former teenage drone racers just won one of the Pentagon's biggest small-drone deals

TechRadar reported Neros Technologies won a U.S. Army indefinite-delivery contract worth up to $500 million for its Archer FPV attack drones under the PBAS program.

3 months ago - TechRadar

Neros Awarded $500M Army IDIQ for Archer Attritable Drones

The US Army awarded Neros a firm-fixed-price IDIQ contract worth up to $500 million for Archer first-person-view drones under the Purpose-Built Attritable Systems program. The deal covers drones, supp...

3 months ago - GovCon Wire

Neros develops a low-cost interceptor drone

Neros said it is developing Bandit, a counter-UAS interceptor drone, and will document the program publicly as it moves toward deployment.

3 months ago - Defence Blog

Neros' $500 Million Army Deal Could Cover 'Hundreds Of Thousands' Of Archer FPV Drones

The U.S. Army awarded Neros an indefinite-delivery contract worth up to $500 million for Archer FPV drones under the Purpose-Built Attritable Systems program. The company said it has already begun ful...

3 months ago - Defense Daily

Neros launches UK subsidiary with up to £10m investment into British defence

Neros established Neros Technologies UK Ltd in Swindon with up to £10 million planned over five years to manufacture NDAA-compliant FPV drones for UK and allied forces.

7 months ago - Neros

First PBAS Delivery Completed Early as Neros Launches Archer Block 2

Neros completed its first delivery under the U.S. Army's Purpose Built Attritable Systems program ahead of schedule and debuted Archer Block 2, a next-generation FPV drone with swappable sensors and e...

7 months ago - Business Wire

Neros Closes $75M Series B Fundraise led by Sequoia Capital

Neros closed a $75 million Series B led by Sequoia Capital, bringing total capital raised to over $120 million. The round followed the company's selection as a primary FPV supplier to the U.S. Army.

11 months ago - Neros

Neros Secures Multi-Million Marine Corps Contract for Archer Strike FPV Drones

The U.S. Marine Corps awarded Neros a multi-million dollar delivery order for kinetic-strike capable Archer FPV systems and operator training across the Fleet Marine Force. The Archer drones are built...

11 months ago - Neros

Drone Startup Neros Gets $35 Million

Neros raised a $35 million Series A led by Vy Capital, with participation from Interlagos, Sequoia Capital and D3. The El Segundo startup had already contracted to send thousands of FPV attack drones ...

1 year ago - Los Angeles Business Journal