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Elroy Air raises $40M in series A funding to complete pre-production aircraft

Funding will also aid certification programs, secure supply chain partnerships

Kelly StrohbyKelly Stroh
August 4, 2021
in Advanced Air Mobility, Archive, Technology
0
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California-based Elroy Air, a cargo drone developer, has raised $40 million in series A funding to complete the build of its pre-production Chaparral aircraft in preparation for flight-test operations in 2022. Founded in 2016, Elroy Air is developing an autonomous vertical take-off and landing (VTOL) aircraft that aims to expand express capabilities and serve areas […]

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Tags: ACNcargo dronesElroy AirPremiumVTOL
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