Elroy Air Raises $40MM Series A financing including Lockheed Martin Ventures to accelerate the development of its Chaparral Autonomous VTOL Cargo Aircraft

Strategic and financial investors back the California-based aerospace company leading the industry in large autonomous VTOL delivery drones for middle-mile express commercial shipping and Defense logistics.

San Francisco…

San Francisco, California, October 21, 2021 — Elroy Air, the Aerospace and Logistics company developing the world’s first end-to-end autonomous vertical take-off and landing (VTOL) aerial cargo system, today announced that Grant Newman has been appointed to the position of Chief Financial Officer, effective September 28, 2021.

Grant Newman has joined Elroy Air as CFO

Mr. Newman has…

Chaparral demonstrator aircraft at McMillan Airfield — Camp Roberts CA.

San Francisco, California, December 18, 2020 — Elroy Air, an aerospace and logistics company developing Vertical Take-Off and Landing (VTOL) aerial cargo systems, announced that it has won a Phase 3 Small Business Innovation Research (SBIR) contract with Agility Prime, a non-traditional program in the US Air Force seeking to…

Elroy Air

Our mission at Elroy Air is to enable same-day shipping to every person on the planet.

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