Office of Strategic Capital

Stories

Pentagon credit office backs Neros drone production with conditional loan

Lender in the Neros deal

The Office of Strategic Capital, the Pentagon's lending office, has offered Neros up to $450 million in loans, with the Torrance, California, company adding $165 million of its own money for a $615 million expansion. No money has moved. The commitment is conditional on financial, legal, technical and due-diligence reviews.

Updated 3 days ago

Antheia lands conditional federal loan to bring drug ingredient production to the US

Money Moves

Issued conditional $80 million loan commitment to Antheia

Antheia holds an $80 million conditional loan commitment from the Department of War's Office of Strategic Capital, announced October 17, to make drug ingredients in the US using engineered yeast. The country imports about 90% of the key starting materials and active pharmaceutical ingredients that go into generic medicines.

Updated Oct 23