US delivery firm FedEx Corp's FDX.N subsidiary, FedEx Express, will begin testing Elroy Air's Chaparral autonomous air cargo system next year, the companies have said.
Companies Pouring Money Into eVOTL Aircraft
Legacy aviation and automotive industry players including Boeing BA.N, Embraer EMBR3.SA, Airbus AIR.PA, United Airlines UAL.O, Toyota Motor Corp 7203.T and Stellantis STLA.MI are among the companies pouring money into the nascent electric vertical takeoff and landing (eVTOL) aircraft.
Elroy Air's Chaparral
California Bay Area-based Elroy Air's Chaparral, launched in January, is an eVTOL aircraft that can lift 300 pounds to 500 pounds of cargo and deliver it by air up to 300 miles, the companies said.
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