Elroy Air, a company focused on revolutionizing logistics through long-range cargo drones, is set to go public with an estimated valuation of around $1 billion. CEO Andrew Clare discussed the company's innovative heavy-payload aircraft during an appearance on Bloomberg Open Interest. He emphasized the strategic timing for entering public markets, citing increasing demand in the defense sector and the necessity for automation in U.S. supply chains as key factors driving the company's growth. Clare believes that the current landscape presents a unique opportunity for Elroy Air to scale its operations and replace traditional delivery trucks with advanced drone technology.
Logistics & Supply Chain
Autonomous Vehicle / UGV
Press Release
Original from BloombergTechnology: Elroy Air’s Cargo Drone Bet
Elroy Air’s Cargo Drone Bet
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Market and Business News
Elroy Air
United States
South San Francisco autonomous cargo VTOL developer; Chaparral carries 300 lbs over 300 miles crewless, selected for USDOT eVTOL Integration Pilot Program 2026.
E-COBOT
France
French AMR manufacturer and system integrator offering the HUSKY robot range and MyCobot fleet management software.
EasyMile
France
Toulouse, France autonomous-vehicle software company founded 2014; EZTow and EZDolly systems automate industrial tow tractors and cargo movers at airports.
Filics
Germany
Munich-based robotics startup making ultra-flat omnidirectional AMRs that drive under Euro pallets for space-efficient intralogistics.
Drone Delivery Canada
Canada
Vaughan, Ontario drone logistics developer merged with Volatus Aerospace in August 2024; the combined company trades as FLT in Toronto.
Duckietown Robotics
United States
Educational robotics platform provider offering autonomous vehicle kits and AI curricula used by 250+ universities worldwide.
Lantronix
United States
Nasdaq-listed (LTRX) Irvine, California IoT and edge-compute company, founded 1989, now building edge-AI platforms for military drones.
Mitsubishi Motors
Japan
Japanese automaker Mitsubishi Motors signed a July 2026 MOU with Highlanders to mass-produce humanoid robots at its Kyoto Plant from early 2027.
Probot Oy
Finland
Oulu, Finland robotics integrator founded 2006; KUKA System Partner and OMRON Certified Partner; makes Dolly AMR; Finnish distributor of Unitree robot dogs.
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