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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