
Pentagon Offers Neros Up to $450M to Make Drone Parts
The loan is conditional and nothing is drawn yet. Neros adds $165M of its own and plans to sell motors and radios to other drone makers.
Drone and defense stocks, funding rounds, IPOs, earnings, M&A and government spending trends, tracked as they happen.

The loan is conditional and nothing is drawn yet. Neros adds $165M of its own and plans to sell motors and radios to other drone makers.

The deal covers Red Cat's boats and drones. In late October its Black Widow page moved flight without GPS to a version not yet specified.

Tashkurgan, which borders Tajikistan, Afghanistan and Pakistan, awarded ¥10.99 million for three counter-drone stations; lasers are half of it.

The Army's first MV-75 production order now waits on a 2027 budget Congress has not passed; in July, Textron put the charge at $60M to $110M.

Neither company gave a figure. Bloomberg's sources put Destinus at about €6 billion, above the €5 billion it sought in May.

The rest rides on a reconciliation bill that has not passed. Hegseth wants a four-star Autonomous Warfare Command by October 2027.

No value, quantity or drone types were published. EDGE will also modify Morocco's drones and their software to carry the weapons.

Unusual Machines put $30 million into Powerus in June. The order is about three times Powerus's revenue for the first half of 2026.

Half the price is a cash bonus tied to $10 million of battery sales in two years. A Pentagon ban on six Chinese battery makers starts in 2027.

There is no contract or price yet. The seven-year framework waits on Congress, and the Navy's own 2027 request is 1,383 kits.
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