Office of Strategic Capital Signs Conditional Loan Commitment of up to $450 Million With Neros, Inc.

-based developer and manufacturer of dual-use small unmanned aircraft systems (sUAS). This investment is intended to support Neros' domestic manufacturing expansion and reduce reliance on foreign-made components.

OSC's conditional loan commitment to Neros directly advances President Donald J. Trump's Executive Order 14307, Unleashing American Drone Dominance.

OSC financing alongside additional private capital will support Neros' planned expansion of vertically integrated domestic manufacturing capacity to produce dual-use sUAS platforms, ground control systems, and critical components like motors, radios, flight electronics, sensors, and batteries. "Neros has already demonstrated an ability to design, manufacture, and deliver exceptional small unmanned aircraft systems," said David A.

Lorch, Director of the Office of Strategic Capital and Senior Advisor to Deputy Secretary of War Steve Feinberg. " Neros…