Elroy Air Tops $2B in Purchase Demand for Chaparral eVTOL With LCI Deal

Firm now boasts orders for more than 900 autonomous cargo drones

Thursday, January 12, 2023 at 10:48 AM ET

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A top down view of Elroy Air's Chaparral C1 aircraft, capable of lifting up to 500 pounds of cargo. [Courtesy: Elroy Air]

Key Takeaways:

Elroy Air has surpassed $2 billion in purchase demand for its Chaparral autonomous cargo eVTOL, notably securing a deal with LCI for up to 40 aircraft for humanitarian aid and remote logistical operations.
The Chaparral is a robust hybrid eVTOL designed to carry 500 pounds over 300 nautical miles, featuring vertical takeoff and landing capabilities and a modular cargo system ideal for areas with limited infrastructure.
Elroy Air is expanding its flight testing at a new dedicated facility and has attracted orders and interest from major partners including FedEx, the U.S. Air Force, and Navy.

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Editor’s Note: This article originally appeared on FreightWaves.com.

Much attention has been directed toward Walmart, Amazon Prime Air and Alphabet subsidiary Wing’s forays into drone delivery — perhaps rightfully so given some of the things those companies have built in the past. But looking beyond drone delivery’s trio of titanic names, other firms are subtly carving out their own sizable presence in the space.