Barq Group and Elroy Air Launch $200M VTOL Cargo Aircraft JV in Abu Dhabi Barq Group and Elroy Air form a $200M joint venture to manufacture Chaparral hybrid-electric VTOL cargo aircraft in Abu Dhabi, targeting MENA middle-mile logistics.

Barq Group and Elroy Air launch a $200M JV to build Chaparral hybrid-electric VTOL cargo aircraft in Abu Dhabi. Flights start in 2027 with local manufacturing by 2028. The aircraft supports middle-mile logistics without ground charging needs. #BarqGroup #ElroyAir #UAE
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Barq Group, Elroy Air sign $200mn deal for cargo drone facility The Abu Dhabi facility will build and service autonomous hybrid-electric VTOL cargo aircraft for commercial and humanitarian use.

The Abu Dhabi facility will build and service autonomous hybrid-electric VTOL cargo aircraft for commercial and humanitarian use.

#BarqGroup #ElroyAir #AbuDhabi #commercial #humanitarian #aerospace #MiddleEast #NorthAfrica #MENA

Barq Group, Elroy Air plan $200mn Chaparral cargo aircraft JV The partners signed an initial agreement to manufacture and service autonomous VTOL cargo aircraft in Abu Dhabi for MENA.

The partners signed an initial agreement to manufacture and service autonomous VTOL cargo aircraft in Abu Dhabi for MENA.

#BarqGroup #ElroyAir #AbuDhabi #MENA #aerospace #aircargo #aircraft