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Elroy Air announced that, under a U.S. Army contract, it has equipped its Chaparral autonomous heavy‑cargo drone with three unattended delivery modes: precision airdrop from hover, precision airdrop in forward flight, and ground delivery, all without personnel or infrastructure at the delivery site.
In a July 15, 2026 demo, Chaparral released a 68‑pound payload from hover and a 70‑pound payload from 65 feet in forward flight using pre‑programmed coordinates. These modes will be available on production Chaparral aircraft to be manufactured by Kratos Defense & Security Solutions (Nasdaq: KTOS) in Sacramento. Elroy Air also recently entered a definitive Business Combination Agreement with Columbus Circle Capital Corp II (Nasdaq: CMII), to be renamed Inflection Point Acquisition Corp VII (Nasdaq: IPXG), backed by Cohen & Company (NYSE American: COHN), through which Elroy Air is expected to become publicly traded.