Elroy Air develops the Chaparral, an uncrewed hybrid-electric VTOL cargo aircraft, for commercial logistics and defense customers including the U.S. Army.
Elroy Air (San Francisco, US) develops the Chaparral, an autonomous hybrid-electric VTOL heavy-cargo drone for middle-mile logistics and military resupply, carrying 300+ lbs over 300+ miles without runways. It completed its first autonomous A-to-B cargo delivery (213 lbs, 2.6 mi) in Byron, CA on Dec-10-25, secured Kratos as exclusive US manufacturer (Sep-25), won an up-to-$46M US Army contract (Aug-26), and announced a SPAC business combination valuing it at ~$800M pre-money / ~$1.0B EV (Jun-26). Open question: revenue is still nascent — value rests on ~$2B in stated purchase demand and production ramp yet to materialize.
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Elroy Air develops the Chaparral, an uncrewed hybrid-electric VTOL cargo aircraft, for commercial logistics and defense customers including the U.S. Army. Elroy Air (San Francisco, US) develops the Chaparral, an autonomous hybrid-electric VTOL heavy-cargo drone for middle-mile logistics and military resupply, carrying 300+ lbs over 300+ miles without runways. It completed its first autonomous A-to-B cargo delivery (213 lbs, 2.6 mi) in Byron, CA on Dec-10-25, secured Kratos as exclusive US manufacturer (Sep-25), won an up-to-$46M US Army contract (Au
Elroy Air is on the Robotics watchlist list of Frontier Tech Intelligence with a score of 73 out of 100, below the Top 100.
Elroy Air is based in South San Francisco, California, United States.
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