Las Cumbres Observatory Global Network (LCOGT) is building the Network of Robotic Echelle Spectrographs (NRES), which will consist of six identical, optical (390 - 860 nm) high-precision spectrographs, each fiber-fed simultaneously by two 1 meter telescopes and a thorium argon calibration source, one at each of our observatory sites in the Northern and Southern hemispheres. Thus, NRES will be a single, globally-distributed, autonomous observing facility using twelve 1-m telescopes. Simulations suggest we will achieve long-term precision of better than 3 m/s in less than an hour for stars brighter than V = 12. We have been fully funded with an NSF MRI grant, and expect our first spectrograph to be deployed in Spring of 2015, with the full network operation of all 6 units beginning in Spring of 2016. We discuss the NRES design, goals, and robotic operation, as well as the early results from our prototype spectrograph.