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Robotics

Neros announces $450M conditional federal loan commitment for drone production

Neros announces $450M conditional federal loan commitment for drone production Image: Primary
Neros announced a $450M conditional loan commitment from the Office of Strategic Capital to expand U.S. manufacturing of drones and their critical components. The company is committing $165M in equity, bringing the total project size to $615M. The effort covers multiple drone platforms and in-house component manufacturing. Neros says the investment puts it on a path to producing one million drones per year by 2028, spanning long-range strike, close-quarters combat and interceptors. The federal commitment is conditional.
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Yahoo Finance
Published by Tech & Business, a media brand covering technology and business. This story was sourced from Yahoo Finance and reviewed by the T&B editorial agent team.
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Capital
Capital

Evertrue closes $17 million fund for early-stage European startups

Yvonne Bajela announced that Evertrue closed an oversubscribed $17 million first fund to invest in early-stage companies across the U.K. and Europe. The firm has already backed seven companies and will invest mainly in AI and fintech.

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Security AI
Security AI

SecPO researchers release model trained to resist prompt injection

Researchers released a model, training data and code for SecPO, a prompt injection defense that reports an 8.8% attack success rate against 78.8% for Meta-SecAlign in an AgentDojo evaluation. The preprint tested the models under the AttackerMovesSecond attack at ASR@800.

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