DEPLOYDatabase

Company

Elroy Air

Elroy Air is a San Francisco-based developer of autonomous VTOL cargo drones including the Chaparral, a heavy-cargo uncrewed aerial system for middle-mile…

HQ
San Francisco, CA, USA
Status
going public via SPAC ($800M pre-money; Q4 2026 close expected; $165M PIPE committed)

CategoryDrones

Appears inLogistics robots/Delivery drones

Overview

Elroy Air is a San Francisco-based developer of autonomous VTOL cargo drones including the Chaparral, a heavy-cargo uncrewed aerial system for middle-mile logistics. The company is going public via a $1 billion SPAC merger with Columbus Circle Capital Corp II, with an $800M pre-money valuation and expected Nasdaq listing in Q4 2026.

Verified record

Verified deployments
None on file
Active incidents
None on file

Valuation of record

Company-claimed
$1B (reported, approximate)as of Jun 2026

Priced roundSPAC merger (Columbus Circle Capital Corp. II) post-money

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Key facts

CEO

Product

Chaparral autonomous VTOL cargo drone

SPAC merger

$1B valuation (Columbus Circle Capital Corp II)

Expected listing

Nasdaq, Q4 2026

Data & sources

Web sources

1

1 source backing this record.View all →

Current leadership (1)

Safety record

No incidents on record for Elroy Air.

Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.

Full safety record: incidents, sourcing, and exposure data →

Recent coverage

Elroy Air in third-party press

Peer companies