"Elroy Air has announced that it has raised $9.2 million in a seed round for the Chaparral – its cargo ferrying drone which aims to lift 500lbs over a distance of 300 miles. Former 3DR employees David Merril, Clint Cope and their team have secured further funds for its new Chaparral Separate Lift Thrust (SLT) from Catapult Ventures, Precursor Ventures, Lemnos, Haystack, Shasta Ventures, Levitate Capital, 122West and Amplify Partners.
According to the Elroy’s official website the Chaparral will take off and land vertically, like a helicopter, using six rotors. A rotor attached to the tail will allow for cruising at a brisk pace. Chaparral neither needs a runway nor an airport nor does it require an electric charging station, thanks to its “hybrid-electric power-train”.
https://dronebelow.com/2019/02/15/elroy-air-receives-funding-for-its-cargo-drone/
According to the Elroy’s official website the Chaparral will take off and land vertically, like a helicopter, using six rotors. A rotor attached to the tail will allow for cruising at a brisk pace. Chaparral neither needs a runway nor an airport nor does it require an electric charging station, thanks to its “hybrid-electric power-train”.
https://dronebelow.com/2019/02/15/elroy-air-receives-funding-for-its-cargo-drone/