Lockheed Martin Backs $40 Million Funding Round For Cargo VTOL Maker Elroy
Elroy has now raised $48 million and expects to have a complete prototype of its Chaparral autonomous cargo VTOL aircraft in flight test operations with the U.S. military during 2022.
Elroy Air Chaparral
Elroy Air's Chaparral autonomous VTOL aircraft is being developed for cargo and logistics applications. (Photo: Elroy Air)