Elroy Secures Funding Boost For Unmanned Cargo eVTOL

Elroy conducted flight tests of its Chaparral technology demonstrator at Camp Roberts in California.
Credit: Elroy Air
With analysts projecting that express logistics will be an early and potentially large market for electric aircraft, U.S. autonomous cargo aircraft developer Elroy Air has completed a $40 million Series A funding round. The financing includes investment from Lockheed Martin Ventures and takes the...

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Elroy Secures Funding Boost For Unmanned Cargo eVTOL is published in Advanced Air Mobility Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN Premium membership.

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