Elroy Air
Elroy Air develops autonomous heavy-cargo drones for defense, commercial, and rapid response logistics, featuring the hybrid-electric VTOL Chaparral aircraft.
Founded in 2016, Elroy Air is an aerospace company focused on autonomous heavy-cargo transport. Its primary product, the Chaparral, is a vertical takeoff and landing (VTOL) drone with a hybrid-electric powertrain designed to carry over 500 pounds of cargo with a range of up to 450 miles, operating without the need for dedicated charging infrastructure. The aircraft features multi-mission pods that allow for rapid reconfiguration across different payload types.
The company's technical work spans autonomous systems, VTOL aircraft design, hybrid-electric propulsion, and payload integration. Elroy Air targets applications in defense, commercial logistics, and rapid response. The company has maintained an active defense program for over six years and reports a demand pipeline of more than 1,400 aircraft, representing potential revenue exceeding $5 billion.