# Neros to expand drone manufacturing facility in Torrance, California with $615M investment

The Department of Defense issued a conditional loan of up to $450 million to Neros, and the company pledged $165 million in equity, for a total of $615 million to expand its manufacturing facility in Torrance, California. The expansion aims to increase production capacity to 1 million drones per year by 2028.

- Type: Expansion
- Announced: 2026-11-03
- Where: Torrance, California, United States
- Value: $615.0M
- Status: announced
- Capacity: 1 million drones per year
- Products: small unmanned aircraft systems, ground control systems, motors, radios, flight electronics, sensors, batteries
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Neros](https://endata.com/companies/15384.md)
- [Department of Defense](https://endata.com/companies/5026.md) (investor)

## Sources

- [manufacturingdive.com](https://www.manufacturingdive.com/news/dod-pentagon-neros-stoke-space-technologies-antheia-osc-loans/873504/), 2026-11-03: "The DOD funding puts Neros on the path to manufacture 1 million drones per year by 2028."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.