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Cargo and logistics

Elroy Air increases PIPE investments to USD175 million with participation from Lockheed Martin Ventures

Elroy Air has announced that it has expanded its previously-disclosed private investment in public equity (PIPE) commitments, increasing the total to USD175 million. Existing investors including Lockheed Martin Ventures and Inflection Point participated and USD75 […]

Cargo and logistics

Skyways to deploy autonomous cargo drones with DSV to the North Sea energy industry

Skyways, a developer of long-range autonomous uncrewed aircraft systems, today announced a commercial logistics partnership with DSV to provide aircraft in support of offshore energy operations. “The partnership establishes Skyways’ UAS as a key flight […]

Cargo and logistics

Textron and Merlin develop autonomous Cessna SkyCourier UX concept for military transport missions

Textron Aviation and Merlin have introduced a concept Cessna SkyCourier UX™ aircraft that combines Textron Aviation’s Cessna SkyCourier platform with Merlin’s aircraft-agnostic software solution for autonomous aviation. The concept explores a new cost-efficient and scalable […]

Cargo and logistics

FAA announces test flight with remotely-piloted hybrid-electric cargo aircraft

The Federal Aviation Administration (FAA) announced on 31 August that Elroy Air and the Louisiana Department of Transportation and Development conducted a hybrid-electric demonstration flight to test cargo deliveries using remotely piloted aircraft at Houma-Terrebonne […]