According to CoinMeta, and as reported by Bloomberg, a US defense technology startup named Neros has completed a $250 million equity financing round, raising its post-investment valuation to $2.5 billion. The round was led by Sequoia Capital and American Strategic Technology Fund, with existing investors such as Thiel Capital also participating. Neros plans to accelerate the research and development as well as mass production of drones for attacking Archer and intercepting Bandit, and to promote localized manufacturing among allies. The company currently has an annual production capacity of about 14,000 units, with the goal of increasing this to 1 million units by 2028.