All Topics
All Topics
Technology
Technology
Design
Design
Programming
Programming
Science
Science
News
News
Gaming
Gaming
Entertainment
Entertainment
Business
Business
Finance
Finance
Sports
Sports
Health
Health
Food
Food
Travel
Travel
Art
Art
Music
Music
Books
Books
Education
Education
Politics
Politics
Personal
Personal
No algorithm. No AI slop. No ads. Just RSS. Pro-human. Indie writers. Real journalism. Open web. Chronological. Hand toasted.

Young Entrepreneurs Build $121M Defense Drone Company from Drone Racing Background

By

asix66

6mo ago· 10 min readenNews

Summary

Two young entrepreneurs, Soren Monroe-Anderson (22) and Olaf Hichwa (24), transformed from teenage drone racers into successful defense contractors. Their company Neros Technologies, founded in 2023, has raised $121 million in funding and secured a major U.S. Army contract for their purpose-built FPV (First Person View) drones. Despite initial rejection when they tried to sell drones to the Pentagon at age 20, they now dominate the defense drone market, leveraging their background in drone racing to create advanced military drone systems.

Key quotes

· 4 pulled
You can't just waltz into the Pentagon as 21-year-olds and sell weapon systems to the D.O.D.
Two years later, Monroe-Anderson, now 22, and Hichwa, 24, aren't just selling to the Pentagon—they're dominating it.
Neros Technologies, the company they founded in 2023, has raised $121 million in total funding, won a coveted U.S. Army contract for its Purpose-Built FPV drones.
Soren Monroe-Anderson was just 20 years old when he walked into the Pentagon with his friend Olaf Hichwa, trying to sell drones they'd built in his parents' garage.
Snippet from the RSS feed
Soren Monroe-Anderson was just 20 years old when he walked into the Pentagon with his friend Olaf Hichwa, trying to sell drones they’d built in his parents’

You might also wanna read