Elroy Air is going public at a roughly $1 billion valuation, aiming to replace delivery trucks with long-range cargo drones. CEO Andrew Clare joins Bloomberg Open Interest to explain how the company’s heavy-payload aircraft works, why public markets are the right funding path and why defense demand and US supply-chain automation make this the ideal moment to scale. (Source: Bloomberg)
Elroy Air is going public at a roughly $1 billion valuation, aiming to replace delivery trucks with long-range cargo drones. CEO Andrew Clare joins Bloomberg Open Interest to explain how the company’s heavy-payload aircraft works, why public markets are the right funding path and why defense demand and US supply-chain automation make this the ideal moment to scale. (Source: Bloomberg)
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