South San Francisco, CA – According to filings with the U.S. Securities and Exchange Commission, Elroy Air is raising $31,749,997.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, David Merrill played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Elroy Air
At Elroy Air our mission is to improve quality of life around the planet by expanding the reach of expedited logistics via air cargo – safely, efficiently and autonomously. Our air cargo system features rotor-based vertical takeoff and landing (VTOL) and transitions to wing-based cruise flight for long range. We have designed a holistic logistics system with integrated flight and ground operations that make our vehicles a safe, efficient way to transport cargo by air.

To learn more about Elroy Air, visit http://elroyair.com/

Contact:
David Merrill, Chief Executive Officer
415-630-7790
https://www.linkedin.com/in/davidjmerrill/

SOURCE: http://www.intelligence360.io
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