Elroy Air’s Chaparral is designed to carry more than 500 lb. of cargo over distances of up to 450 mi. using a hybrid-electric propulsion system.
Credit: Elroy Air
Elroy Air plans to become a publicly traded company through a merger with special purpose acquisition company (SPAC) Inflection Point Acquisition Corp. VII in a deal the autonomous cargo drone developer says will provide the capital needed to accelerate production of its Chaparral aircraft. The...
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