Neros Technologies was founded in 2023 by Soren Monroe-Anderson and Olaf Hichwa, two former professional drone racers who met at a competition in 2017. Monroe-Anderson, an MIT-trained electrical engineer and 2020 MultiGP World Champion, and Hichwa, a designer of custom drone circuit boards, started the company in response to Russia's invasion of Ukraine and the realization that the United States and its allies had fallen behind adversaries in the production and performance of small attack drones.
The company builds first-person-view (FPV) drones designed to be cheap, modular, and produced at massive scale, with a deliberate focus on secure, domestic, non-Chinese supply chains. Its flagship Archer platform and the kinetic-enabled Archer Strike variant are paired with Crossbow and Longbow ground-control systems, giving operators a complete attack-drone kit rather than a single airframe.
Neros differentiates itself through vertical integration and manufacturing design-for-scale, insourcing key production steps so it can ramp output rapidly while controlling cost and quality. The company has shipped thousands of systems to Ukraine and the U.S. Department of War, and operates offices in El Segundo, Washington D.C., Kyiv, and London to stay close to both end users and the realities of modern drone warfare.
In November 2025 Neros closed a $75M Series B led by Sequoia Capital, with participation from Vy Capital and Interlagos, bringing total funding to more than $120M. Concurrently, the company was selected as one of the primary suppliers of FPV drones to the U.S. Army through the Purpose-Built Attritable Systems (PBAS) program, a milestone validating its mass-production thesis. Neros also established a UK entity with up to £10M of investment to expand allied manufacturing.