http://new.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Fri, 21 Aug 2026 16:30:22 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://new.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Corporate+News/Elroy+Air+wins+%2446M+U.S.+Army+contract+for+cargo+drone+system/26961769.html <p>Elroy Air has been awarded a $46,058,871 firm-fixed-price contract by the U.S. Army for the development of an autonomous hybrid-electric vertical take-off and landing (VTOL) uncrewed aircraft system designed for modular multi-mission payload delivery, according to a statement from Columbus Circle Capital Corp II (Nasdaq: CMII).</p> <p>Work will be performed in California, with an estimated completion date of 2029. Army Contracting Command at Aberdeen Proving Ground, Maryland, is the contracting activity. Fiscal Year 2026 research, development, test and evaluation funds of $5,135,354 were obligated at the time of the award.</p> <p>The contract focuses on Elroy Air's Chaparral drone, a VTOL aircraft designed http://www.streetinsider.com/Corporate+News/Elroy+Air+wins+%2446M+U.S.+Army+contract+for+cargo+drone+system/26961769.html Fri, 21 Aug 2026 16:30:22 -0400 CMII IPXG http://www.streetinsider.com/Corporate+News/Elroy+Air+wins+%2446M+U.S.+Army+contract+for+cargo+drone+system/26961769.html <p>Elroy Air has been awarded a $46,058,871 firm-fixed-price contract by the U.S. Army for the development of an autonomous hybrid-electric vertical take-off and landing (VTOL) uncrewed aircraft system designed for modular multi-mission payload delivery, according to a statement from Columbus Circle Capital Corp II (Nasdaq: CMII).</p> <p>Work will be performed in California, with an estimated completion date of 2029. Army Contracting Command at Aberdeen Proving Ground, Maryland, is the contracting activity. Fiscal Year 2026 research, development, test and evaluation funds of $5,135,354 were obligated at the time of the award.</p> <p>The contract focuses on Elroy Air's Chaparral drone, a VTOL aircraft designed http://www.streetinsider.com/Corporate+News/Elroy+Air+wins+%2446M+U.S.+Army+contract+for+cargo+drone+system/26961769.html Fri, 21 Aug 2026 16:30:22 -0400 CMII IPXG http://www.streetinsider.com/Press+Releases/Columbus+Circle+Capital+Corp+II+Announces+Elroy+Air+Was+Awarded+an+Up+to+%2446M+Contract+with+U.S.+Army/26961757.html <p>SAN FRANCISCO, CA, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by the management team of Inflection Point Asset Management (“Inflection Point”) and Cohen &amp; Company, Inc. (NYSE American: COHN), which will be renamed Inflection Point Acquisition Corp VII (“IPAC”) (Nasdaq: IPXG), today announced that Elroy Air has been awarded a $46,058,871 firm-fixed-price contract for the development of an autonomous hybrid-electric vertical take-off and landing (VTOL) uncrewed aircraft system for modular multi-mission payload delivery. Work will be performed in California, with an estimated completion date in 2029. http://www.streetinsider.com/Press+Releases/Columbus+Circle+Capital+Corp+II+Announces+Elroy+Air+Was+Awarded+an+Up+to+%2446M+Contract+with+U.S.+Army/26961757.html Fri, 21 Aug 2026 16:30:00 -0400 CMII IPXG http://www.streetinsider.com/Press+Releases/Columbus+Circle+Capital+Corp+II+Announces+Elroy+Air+Was+Awarded+an+Up+to+%2446M+Contract+with+U.S.+Army/26961757.html <p>SAN FRANCISCO, CA, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by the management team of Inflection Point Asset Management (“Inflection Point”) and Cohen &amp; Company, Inc. (NYSE American: COHN), which will be renamed Inflection Point Acquisition Corp VII (“IPAC”) (Nasdaq: IPXG), today announced that Elroy Air has been awarded a $46,058,871 firm-fixed-price contract for the development of an autonomous hybrid-electric vertical take-off and landing (VTOL) uncrewed aircraft system for modular multi-mission payload delivery. Work will be performed in California, with an estimated completion date in 2029. http://www.streetinsider.com/Press+Releases/Columbus+Circle+Capital+Corp+II+Announces+Elroy+Air+Was+Awarded+an+Up+to+%2446M+Contract+with+U.S.+Army/26961757.html Fri, 21 Aug 2026 16:30:00 -0400 CMII IPXG http://www.streetinsider.com/Globe+Newswire/Columbus+Circle+Capital+Corp+II+Announces+Elroy+Air+Was+Awarded+an+Up+to+%2446M+Contract+with+U.S.+Army/26961757.html <p>SAN FRANCISCO, CA, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by the management team of Inflection Point Asset Management (“Inflection Point”) and Cohen &amp; Company, Inc. (NYSE American: COHN), which will be renamed Inflection Point Acquisition Corp VII (“IPAC”) (Nasdaq: IPXG), today announced that Elroy Air has been awarded a $46,058,871 firm-fixed-price contract for the development of an autonomous hybrid-electric vertical take-off and landing (VTOL) uncrewed aircraft system for modular multi-mission payload delivery. Work will be performed in California, with an estimated completion date in 2029. http://www.streetinsider.com/Globe+Newswire/Columbus+Circle+Capital+Corp+II+Announces+Elroy+Air+Was+Awarded+an+Up+to+%2446M+Contract+with+U.S.+Army/26961757.html Fri, 21 Aug 2026 16:30:00 -0400 CMII IPXG http://www.streetinsider.com/Globe+Newswire/Columbus+Circle+Capital+Corp+II+Announces+Elroy+Air+Was+Awarded+an+Up+to+%2446M+Contract+with+U.S.+Army/26961757.html <p>SAN FRANCISCO, CA, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by the management team of Inflection Point Asset Management (“Inflection Point”) and Cohen &amp; Company, Inc. (NYSE American: COHN), which will be renamed Inflection Point Acquisition Corp VII (“IPAC”) (Nasdaq: IPXG), today announced that Elroy Air has been awarded a $46,058,871 firm-fixed-price contract for the development of an autonomous hybrid-electric vertical take-off and landing (VTOL) uncrewed aircraft system for modular multi-mission payload delivery. Work will be performed in California, with an estimated completion date in 2029. http://www.streetinsider.com/Globe+Newswire/Columbus+Circle+Capital+Corp+II+Announces+Elroy+Air+Was+Awarded+an+Up+to+%2446M+Contract+with+U.S.+Army/26961757.html Fri, 21 Aug 2026 16:30:00 -0400 CMII IPXG http://www.streetinsider.com/Corporate+News/Elroy+Air+wins+%2446M+U.S.+Army+contract+for+cargo+drone/26940792.html <p>Elroy Air, Inc. has been awarded a $46 million, multi-year contract with the U.S. Army to develop an autonomous hybrid-electric vertical take-off and landing (VTOL) uncrewed aircraft system for modular multi-mission payload delivery, according to a company statement.</p> <p>The contract builds on previous U.S. Army agreements over the past two years and will focus on the company's heavy-cargo drone, the Chaparral, which is designed to operate in contested and austere environments. The program will also advance technologies including GPS-denied navigation, cyber-protected communication links, an expeditionary mobile mission planner, and autonomous field operations under military conditions.</p> <p>"This contract reinforces the critical role that http://www.streetinsider.com/Corporate+News/Elroy+Air+wins+%2446M+U.S.+Army+contract+for+cargo+drone/26940792.html Tue, 18 Aug 2026 08:00:52 -0400 A.09529829 A.40958841 CMII CMIIU COHN IPXG KTOS O.00181176 O.01076432 O.03285301 O.22807388 O.36670513 http://www.streetinsider.com/Corporate+News/Elroy+Air+wins+%2446M+U.S.+Army+contract+for+cargo+drone/26940792.html <p>Elroy Air, Inc. has been awarded a $46 million, multi-year contract with the U.S. Army to develop an autonomous hybrid-electric vertical take-off and landing (VTOL) uncrewed aircraft system for modular multi-mission payload delivery, according to a company statement.</p> <p>The contract builds on previous U.S. Army agreements over the past two years and will focus on the company's heavy-cargo drone, the Chaparral, which is designed to operate in contested and austere environments. The program will also advance technologies including GPS-denied navigation, cyber-protected communication links, an expeditionary mobile mission planner, and autonomous field operations under military conditions.</p> <p>"This contract reinforces the critical role that http://www.streetinsider.com/Corporate+News/Elroy+Air+wins+%2446M+U.S.+Army+contract+for+cargo+drone/26940792.html Tue, 18 Aug 2026 08:00:52 -0400 A.09529829 A.40958841 CMII CMIIU COHN IPXG KTOS O.00181176 O.01076432 O.03285301 O.22807388 O.36670513 http://www.streetinsider.com/Corporate+News/Elroy+Air+wins+%2446M+U.S.+Army+contract+for+cargo+drone/26940792.html <p>Elroy Air, Inc. has been awarded a $46 million, multi-year contract with the U.S. Army to develop an autonomous hybrid-electric vertical take-off and landing (VTOL) uncrewed aircraft system for modular multi-mission payload delivery, according to a company statement.</p> <p>The contract builds on previous U.S. Army agreements over the past two years and will focus on the company's heavy-cargo drone, the Chaparral, which is designed to operate in contested and austere environments. The program will also advance technologies including GPS-denied navigation, cyber-protected communication links, an expeditionary mobile mission planner, and autonomous field operations under military conditions.</p> <p>"This contract reinforces the critical role that http://www.streetinsider.com/Corporate+News/Elroy+Air+wins+%2446M+U.S.+Army+contract+for+cargo+drone/26940792.html Tue, 18 Aug 2026 08:00:52 -0400 A.09529829 A.40958841 CMII CMIIU COHN IPXG KTOS O.00181176 O.01076432 O.03285301 O.22807388 O.36670513 http://www.streetinsider.com/Corporate+News/Elroy+Air+wins+%2446M+U.S.+Army+contract+for+cargo+drone/26940792.html <p>Elroy Air, Inc. has been awarded a $46 million, multi-year contract with the U.S. Army to develop an autonomous hybrid-electric vertical take-off and landing (VTOL) uncrewed aircraft system for modular multi-mission payload delivery, according to a company statement.</p> <p>The contract builds on previous U.S. Army agreements over the past two years and will focus on the company's heavy-cargo drone, the Chaparral, which is designed to operate in contested and austere environments. The program will also advance technologies including GPS-denied navigation, cyber-protected communication links, an expeditionary mobile mission planner, and autonomous field operations under military conditions.</p> <p>"This contract reinforces the critical role that http://www.streetinsider.com/Corporate+News/Elroy+Air+wins+%2446M+U.S.+Army+contract+for+cargo+drone/26940792.html Tue, 18 Aug 2026 08:00:52 -0400 A.09529829 A.40958841 CMII CMIIU COHN IPXG KTOS O.00181176 O.01076432 O.03285301 O.22807388 O.36670513 http://www.streetinsider.com/Corporate+News/Elroy+Air+wins+%2446M+U.S.+Army+contract+for+cargo+drone/26940792.html <p>Elroy Air, Inc. has been awarded a $46 million, multi-year contract with the U.S. Army to develop an autonomous hybrid-electric vertical take-off and landing (VTOL) uncrewed aircraft system for modular multi-mission payload delivery, according to a company statement.</p> <p>The contract builds on previous U.S. Army agreements over the past two years and will focus on the company's heavy-cargo drone, the Chaparral, which is designed to operate in contested and austere environments. The program will also advance technologies including GPS-denied navigation, cyber-protected communication links, an expeditionary mobile mission planner, and autonomous field operations under military conditions.</p> <p>"This contract reinforces the critical role that http://www.streetinsider.com/Corporate+News/Elroy+Air+wins+%2446M+U.S.+Army+contract+for+cargo+drone/26940792.html Tue, 18 Aug 2026 08:00:52 -0400 A.09529829 A.40958841 CMII CMIIU COHN IPXG KTOS O.00181176 O.01076432 O.03285301 O.22807388 O.36670513 http://www.streetinsider.com/Corporate+News/Elroy+Air+wins+%2446M+U.S.+Army+contract+for+cargo+drone/26940792.html <p>Elroy Air, Inc. has been awarded a $46 million, multi-year contract with the U.S. Army to develop an autonomous hybrid-electric vertical take-off and landing (VTOL) uncrewed aircraft system for modular multi-mission payload delivery, according to a company statement.</p> <p>The contract builds on previous U.S. Army agreements over the past two years and will focus on the company's heavy-cargo drone, the Chaparral, which is designed to operate in contested and austere environments. The program will also advance technologies including GPS-denied navigation, cyber-protected communication links, an expeditionary mobile mission planner, and autonomous field operations under military conditions.</p> <p>"This contract reinforces the critical role that http://www.streetinsider.com/Corporate+News/Elroy+Air+wins+%2446M+U.S.+Army+contract+for+cargo+drone/26940792.html Tue, 18 Aug 2026 08:00:52 -0400 A.09529829 A.40958841 CMII CMIIU COHN IPXG KTOS O.00181176 O.01076432 O.03285301 O.22807388 O.36670513 http://www.streetinsider.com/Corporate+News/Elroy+Air+wins+%2446M+U.S.+Army+contract+for+cargo+drone/26940792.html <p>Elroy Air, Inc. has been awarded a $46 million, multi-year contract with the U.S. Army to develop an autonomous hybrid-electric vertical take-off and landing (VTOL) uncrewed aircraft system for modular multi-mission payload delivery, according to a company statement.</p> <p>The contract builds on previous U.S. Army agreements over the past two years and will focus on the company's heavy-cargo drone, the Chaparral, which is designed to operate in contested and austere environments. The program will also advance technologies including GPS-denied navigation, cyber-protected communication links, an expeditionary mobile mission planner, and autonomous field operations under military conditions.</p> <p>"This contract reinforces the critical role that http://www.streetinsider.com/Corporate+News/Elroy+Air+wins+%2446M+U.S.+Army+contract+for+cargo+drone/26940792.html Tue, 18 Aug 2026 08:00:52 -0400 A.09529829 A.40958841 CMII CMIIU COHN IPXG KTOS O.00181176 O.01076432 O.03285301 O.22807388 O.36670513 http://www.streetinsider.com/Corporate+News/Elroy+Air+wins+%2446M+U.S.+Army+contract+for+cargo+drone/26940792.html <p>Elroy Air, Inc. has been awarded a $46 million, multi-year contract with the U.S. Army to develop an autonomous hybrid-electric vertical take-off and landing (VTOL) uncrewed aircraft system for modular multi-mission payload delivery, according to a company statement.</p> <p>The contract builds on previous U.S. Army agreements over the past two years and will focus on the company's heavy-cargo drone, the Chaparral, which is designed to operate in contested and austere environments. The program will also advance technologies including GPS-denied navigation, cyber-protected communication links, an expeditionary mobile mission planner, and autonomous field operations under military conditions.</p> <p>"This contract reinforces the critical role that http://www.streetinsider.com/Corporate+News/Elroy+Air+wins+%2446M+U.S.+Army+contract+for+cargo+drone/26940792.html Tue, 18 Aug 2026 08:00:52 -0400 A.09529829 A.40958841 CMII CMIIU COHN IPXG KTOS O.00181176 O.01076432 O.03285301 O.22807388 O.36670513 http://www.streetinsider.com/Corporate+News/Elroy+Air+wins+%2446M+U.S.+Army+contract+for+cargo+drone/26940792.html <p>Elroy Air, Inc. has been awarded a $46 million, multi-year contract with the U.S. Army to develop an autonomous hybrid-electric vertical take-off and landing (VTOL) uncrewed aircraft system for modular multi-mission payload delivery, according to a company statement.</p> <p>The contract builds on previous U.S. Army agreements over the past two years and will focus on the company's heavy-cargo drone, the Chaparral, which is designed to operate in contested and austere environments. The program will also advance technologies including GPS-denied navigation, cyber-protected communication links, an expeditionary mobile mission planner, and autonomous field operations under military conditions.</p> <p>"This contract reinforces the critical role that http://www.streetinsider.com/Corporate+News/Elroy+Air+wins+%2446M+U.S.+Army+contract+for+cargo+drone/26940792.html Tue, 18 Aug 2026 08:00:52 -0400 A.09529829 A.40958841 CMII CMIIU COHN IPXG KTOS O.00181176 O.01076432 O.03285301 O.22807388 O.36670513 http://www.streetinsider.com/Corporate+News/Elroy+Air+wins+%2446M+U.S.+Army+contract+for+cargo+drone/26940792.html <p>Elroy Air, Inc. has been awarded a $46 million, multi-year contract with the U.S. Army to develop an autonomous hybrid-electric vertical take-off and landing (VTOL) uncrewed aircraft system for modular multi-mission payload delivery, according to a company statement.</p> <p>The contract builds on previous U.S. Army agreements over the past two years and will focus on the company's heavy-cargo drone, the Chaparral, which is designed to operate in contested and austere environments. The program will also advance technologies including GPS-denied navigation, cyber-protected communication links, an expeditionary mobile mission planner, and autonomous field operations under military conditions.</p> <p>"This contract reinforces the critical role that http://www.streetinsider.com/Corporate+News/Elroy+Air+wins+%2446M+U.S.+Army+contract+for+cargo+drone/26940792.html Tue, 18 Aug 2026 08:00:52 -0400 A.09529829 A.40958841 CMII CMIIU COHN IPXG KTOS O.00181176 O.01076432 O.03285301 O.22807388 O.36670513 http://www.streetinsider.com/Corporate+News/Elroy+Air+wins+%2446M+U.S.+Army+contract+for+cargo+drone/26940792.html <p>Elroy Air, Inc. has been awarded a $46 million, multi-year contract with the U.S. Army to develop an autonomous hybrid-electric vertical take-off and landing (VTOL) uncrewed aircraft system for modular multi-mission payload delivery, according to a company statement.</p> <p>The contract builds on previous U.S. Army agreements over the past two years and will focus on the company's heavy-cargo drone, the Chaparral, which is designed to operate in contested and austere environments. The program will also advance technologies including GPS-denied navigation, cyber-protected communication links, an expeditionary mobile mission planner, and autonomous field operations under military conditions.</p> <p>"This contract reinforces the critical role that http://www.streetinsider.com/Corporate+News/Elroy+Air+wins+%2446M+U.S.+Army+contract+for+cargo+drone/26940792.html Tue, 18 Aug 2026 08:00:52 -0400 A.09529829 A.40958841 CMII CMIIU COHN IPXG KTOS O.00181176 O.01076432 O.03285301 O.22807388 O.36670513 http://www.streetinsider.com/Corporate+News/Elroy+Air+wins+%2446M+U.S.+Army+contract+for+cargo+drone/26940792.html <p>Elroy Air, Inc. has been awarded a $46 million, multi-year contract with the U.S. Army to develop an autonomous hybrid-electric vertical take-off and landing (VTOL) uncrewed aircraft system for modular multi-mission payload delivery, according to a company statement.</p> <p>The contract builds on previous U.S. Army agreements over the past two years and will focus on the company's heavy-cargo drone, the Chaparral, which is designed to operate in contested and austere environments. The program will also advance technologies including GPS-denied navigation, cyber-protected communication links, an expeditionary mobile mission planner, and autonomous field operations under military conditions.</p> <p>"This contract reinforces the critical role that http://www.streetinsider.com/Corporate+News/Elroy+Air+wins+%2446M+U.S.+Army+contract+for+cargo+drone/26940792.html Tue, 18 Aug 2026 08:00:52 -0400 A.09529829 A.40958841 CMII CMIIU COHN IPXG KTOS O.00181176 O.01076432 O.03285301 O.22807388 O.36670513 http://www.streetinsider.com/Press+Releases/Elroy+Air+Awarded+%2446M+U.S.+Army+Contract/26940740.html <p> SAN FRANCISCO--(BUSINESS WIRE)-- Elroy Air, Inc., a U.S.-based technology developer of autonomous heavy-cargo drones for defense, rapid response and commercial logistics announced today that it has been awarded a $46 million, multi-year contract with the U.S. Army for the development of an autonomous hybrid-electric vertical take-off and landing (VTOL) uncrewed aircraft system for modular multi-mission payload delivery. </p><p id="news-body-cta">This press release features multimedia. View the full release here: <a target="_blank" href="https://www.businesswire.com/news/home/20260818350199/en/" rel="nofollow">https://www.businesswire.com/news/home/20260818350199/en/</a></p><div id="bwbodyimg" style="width: 480px; float:left; padding-left:0px; padding-right:20px; padding-top:0px; padding-bottom:0px;"><img src="https://mms.businesswire.com/media/20260818350199/en/2877639/4/Elroy_Air_Chaparral_-_2026-08-18-PR.jpg" alt="" /></div><p> The new agreement builds on previous U.S. Army contracts from the past 2 years and will http://www.streetinsider.com/Press+Releases/Elroy+Air+Awarded+%2446M+U.S.+Army+Contract/26940740.html Tue, 18 Aug 2026 08:00:00 -0400 A.09529829 A.40958841 CMII CMIIU COHN IPXG KTOS O.00181176 O.01076432 O.03285301 O.22807388 O.36670513 http://www.streetinsider.com/Press+Releases/Elroy+Air+Awarded+%2446M+U.S.+Army+Contract/26940740.html <p> SAN FRANCISCO--(BUSINESS WIRE)-- Elroy Air, Inc., a U.S.-based technology developer of autonomous heavy-cargo drones for defense, rapid response and commercial logistics announced today that it has been awarded a $46 million, multi-year contract with the U.S. Army for the development of an autonomous hybrid-electric vertical take-off and landing (VTOL) uncrewed aircraft system for modular multi-mission payload delivery. </p><p id="news-body-cta">This press release features multimedia. View the full release here: <a target="_blank" href="https://www.businesswire.com/news/home/20260818350199/en/" rel="nofollow">https://www.businesswire.com/news/home/20260818350199/en/</a></p><div id="bwbodyimg" style="width: 480px; float:left; padding-left:0px; padding-right:20px; padding-top:0px; padding-bottom:0px;"><img src="https://mms.businesswire.com/media/20260818350199/en/2877639/4/Elroy_Air_Chaparral_-_2026-08-18-PR.jpg" alt="" /></div><p> The new agreement builds on previous U.S. Army contracts from the past 2 years and will http://www.streetinsider.com/Press+Releases/Elroy+Air+Awarded+%2446M+U.S.+Army+Contract/26940740.html Tue, 18 Aug 2026 08:00:00 -0400 A.09529829 A.40958841 CMII CMIIU COHN IPXG KTOS O.00181176 O.01076432 O.03285301 O.22807388 O.36670513 http://www.streetinsider.com/Press+Releases/Elroy+Air+Awarded+%2446M+U.S.+Army+Contract/26940740.html <p> SAN FRANCISCO--(BUSINESS WIRE)-- Elroy Air, Inc., a U.S.-based technology developer of autonomous heavy-cargo drones for defense, rapid response and commercial logistics announced today that it has been awarded a $46 million, multi-year contract with the U.S. Army for the development of an autonomous hybrid-electric vertical take-off and landing (VTOL) uncrewed aircraft system for modular multi-mission payload delivery. </p><p id="news-body-cta">This press release features multimedia. View the full release here: <a target="_blank" href="https://www.businesswire.com/news/home/20260818350199/en/" rel="nofollow">https://www.businesswire.com/news/home/20260818350199/en/</a></p><div id="bwbodyimg" style="width: 480px; float:left; padding-left:0px; padding-right:20px; padding-top:0px; padding-bottom:0px;"><img src="https://mms.businesswire.com/media/20260818350199/en/2877639/4/Elroy_Air_Chaparral_-_2026-08-18-PR.jpg" alt="" /></div><p> The new agreement builds on previous U.S. Army contracts from the past 2 years and will http://www.streetinsider.com/Press+Releases/Elroy+Air+Awarded+%2446M+U.S.+Army+Contract/26940740.html Tue, 18 Aug 2026 08:00:00 -0400 A.09529829 A.40958841 CMII CMIIU COHN IPXG KTOS O.00181176 O.01076432 O.03285301 O.22807388 O.36670513 http://www.streetinsider.com/Press+Releases/Elroy+Air+Awarded+%2446M+U.S.+Army+Contract/26940740.html <p> SAN FRANCISCO--(BUSINESS WIRE)-- Elroy Air, Inc., a U.S.-based technology developer of autonomous heavy-cargo drones for defense, rapid response and commercial logistics announced today that it has been awarded a $46 million, multi-year contract with the U.S. Army for the development of an autonomous hybrid-electric vertical take-off and landing (VTOL) uncrewed aircraft system for modular multi-mission payload delivery. </p><p id="news-body-cta">This press release features multimedia. View the full release here: <a target="_blank" href="https://www.businesswire.com/news/home/20260818350199/en/" rel="nofollow">https://www.businesswire.com/news/home/20260818350199/en/</a></p><div id="bwbodyimg" style="width: 480px; float:left; padding-left:0px; padding-right:20px; padding-top:0px; padding-bottom:0px;"><img src="https://mms.businesswire.com/media/20260818350199/en/2877639/4/Elroy_Air_Chaparral_-_2026-08-18-PR.jpg" alt="" /></div><p> The new agreement builds on previous U.S. Army contracts from the past 2 years and will http://www.streetinsider.com/Press+Releases/Elroy+Air+Awarded+%2446M+U.S.+Army+Contract/26940740.html Tue, 18 Aug 2026 08:00:00 -0400 A.09529829 A.40958841 CMII CMIIU COHN IPXG KTOS O.00181176 O.01076432 O.03285301 O.22807388 O.36670513 http://www.streetinsider.com/Press+Releases/Elroy+Air+Awarded+%2446M+U.S.+Army+Contract/26940740.html <p> SAN FRANCISCO--(BUSINESS WIRE)-- Elroy Air, Inc., a U.S.-based technology developer of autonomous heavy-cargo drones for defense, rapid response and commercial logistics announced today that it has been awarded a $46 million, multi-year contract with the U.S. Army for the development of an autonomous hybrid-electric vertical take-off and landing (VTOL) uncrewed aircraft system for modular multi-mission payload delivery. </p><p id="news-body-cta">This press release features multimedia. View the full release here: <a target="_blank" href="https://www.businesswire.com/news/home/20260818350199/en/" rel="nofollow">https://www.businesswire.com/news/home/20260818350199/en/</a></p><div id="bwbodyimg" style="width: 480px; float:left; padding-left:0px; padding-right:20px; padding-top:0px; padding-bottom:0px;"><img src="https://mms.businesswire.com/media/20260818350199/en/2877639/4/Elroy_Air_Chaparral_-_2026-08-18-PR.jpg" alt="" /></div><p> The new agreement builds on previous U.S. Army contracts from the past 2 years and will http://www.streetinsider.com/Press+Releases/Elroy+Air+Awarded+%2446M+U.S.+Army+Contract/26940740.html Tue, 18 Aug 2026 08:00:00 -0400 A.09529829 A.40958841 CMII CMIIU COHN IPXG KTOS O.00181176 O.01076432 O.03285301 O.22807388 O.36670513 http://www.streetinsider.com/Press+Releases/Elroy+Air+Awarded+%2446M+U.S.+Army+Contract/26940740.html <p> SAN FRANCISCO--(BUSINESS WIRE)-- Elroy Air, Inc., a U.S.-based technology developer of autonomous heavy-cargo drones for defense, rapid response and commercial logistics announced today that it has been awarded a $46 million, multi-year contract with the U.S. Army for the development of an autonomous hybrid-electric vertical take-off and landing (VTOL) uncrewed aircraft system for modular multi-mission payload delivery. </p><p id="news-body-cta">This press release features multimedia. View the full release here: <a target="_blank" href="https://www.businesswire.com/news/home/20260818350199/en/" rel="nofollow">https://www.businesswire.com/news/home/20260818350199/en/</a></p><div id="bwbodyimg" style="width: 480px; float:left; padding-left:0px; padding-right:20px; padding-top:0px; padding-bottom:0px;"><img src="https://mms.businesswire.com/media/20260818350199/en/2877639/4/Elroy_Air_Chaparral_-_2026-08-18-PR.jpg" alt="" /></div><p> The new agreement builds on previous U.S. Army contracts from the past 2 years and will http://www.streetinsider.com/Press+Releases/Elroy+Air+Awarded+%2446M+U.S.+Army+Contract/26940740.html Tue, 18 Aug 2026 08:00:00 -0400 A.09529829 A.40958841 CMII CMIIU COHN IPXG KTOS O.00181176 O.01076432 O.03285301 O.22807388 O.36670513 http://www.streetinsider.com/Press+Releases/Elroy+Air+Awarded+%2446M+U.S.+Army+Contract/26940740.html <p> SAN FRANCISCO--(BUSINESS WIRE)-- Elroy Air, Inc., a U.S.-based technology developer of autonomous heavy-cargo drones for defense, rapid response and commercial logistics announced today that it has been awarded a $46 million, multi-year contract with the U.S. Army for the development of an autonomous hybrid-electric vertical take-off and landing (VTOL) uncrewed aircraft system for modular multi-mission payload delivery. </p><p id="news-body-cta">This press release features multimedia. View the full release here: <a target="_blank" href="https://www.businesswire.com/news/home/20260818350199/en/" rel="nofollow">https://www.businesswire.com/news/home/20260818350199/en/</a></p><div id="bwbodyimg" style="width: 480px; float:left; padding-left:0px; padding-right:20px; padding-top:0px; padding-bottom:0px;"><img src="https://mms.businesswire.com/media/20260818350199/en/2877639/4/Elroy_Air_Chaparral_-_2026-08-18-PR.jpg" alt="" /></div><p> The new agreement builds on previous U.S. Army contracts from the past 2 years and will http://www.streetinsider.com/Press+Releases/Elroy+Air+Awarded+%2446M+U.S.+Army+Contract/26940740.html Tue, 18 Aug 2026 08:00:00 -0400 A.09529829 A.40958841 CMII CMIIU COHN IPXG KTOS O.00181176 O.01076432 O.03285301 O.22807388 O.36670513