The 20-Somethings Who Raised $121 Million to Build Military Drones
PositiveFinancial Markets

Founded in 2023 by former teenage drone racers Soren Monroe-Anderson and Olaf Hichwa, Neros has quickly made a name for itself in the defense sector by securing a coveted Army contract and raising $121 million in funding. This remarkable achievement underscores the potential of young innovators in a traditionally conservative industry. As Neros continues to gain popularity, it reflects a broader trend of increasing investment in military technology and the emergence of new players in the defense market. The company's success not only demonstrates the viability of innovative drone solutions but also signals a shift in how military contracts are awarded, potentially opening doors for more startups in the future.
— via World Pulse Now AI Editorial System