With the so-called Amazon effect driving demand for rapid delivery of e-commerce goods, U.S. startup Elroy Air plans to fly a full-scale prototype of its unmanned cargo aircraft this year. The winged, hybrid-electric vertical-takeoff-and-landing aircraft is designed to carry 500 lb. of cargo 300 mi. Elroy is working with the FAA and potential customers to begin operations as early as 2020, both internationally and domestically in the U.S. The company so far has raised $9.2 million in seed ...


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