Elroy Air: Autonomous Cargo Drone

1/13/2022 07:53:00 PM

Autonomous drones for cargo delivery – attracting $40 million investment

Hybrid electric drone capable of automatic unloading of 135-225 kg heavy cargo and autonomous operation of up to 480 km is under development

Separately detachable cargo pod can be transported unmanned with GPS and sensing technology, so it can transport goods to the front line without threatening the pilot on the battlefield.

Elroy Air is a logistics company that specializes in the fields of logistics, robotics, and air transportation. Its air cargo system features rotor-based vertical takeoff and landing (VTOL) and transitions to wing-based cruise flight for long-range. It was founded in 2016 and headquartered in San Francisco, California.

General Information

Headquarters : San Francisco, CA
Founders : Clint Cope, David Merrill
Categories : Aerospace, Logistics, Robotics, Autonomous Drone, Cargo Drone
Founded : 2016
Contact : inquiries@elroyair.com

Funding

Investors : Catapult Ventures, DiamondStream Partners, Lev Ekster, Lockheed Martin Ventures, Marlinspike Capital, Precursor Ventures, Prosperity7 Ventures, Shield Capital Partners, Side X Side Management
Funding Rounds (6) - $56M
Aug 4, 2021 Series A / $40M
Apr 23, 2020 Series A
Mar 24, 2020 Venture Round / $6.8M
Nov 1, 2019 Seed Round
Feb 13, 2019 Seed Round / $4.7M
Dec 22, 2017 Seed Round / $4.5M