LCI and Elroy Air
In January 2023, LCI signed an agreement with Elroy Air, developer of advanced autonomous cargo aircraft systems, to acquire up to 40 of the company’s Chaparral vertical take-off and landing (VTOL) aircraft.
The Chaparral is the first end-to-end autonomous VTOL cargo delivery system. It is designed for aerial transport of up to 500 lbs (225 kgs) of goods over a 300 nautical mile range. This is enabled initially by a turbine-based hybrid-electric powertrain with distributed electrical propulsion, and specially designed aerodynamic modular cargo pods.
Its applications include safe, efficient and cost-effective aerial cargo transport for commercial logistics, disaster relief, firefighting and humanitarian operations without risk to pilots or the need for airport infrastructure.
The new VTOL aircraft will complement LCI’s existing fleet of modern helicopters and fixed wing aircraft. In addition, LCI and its parent company, Libra Group, whose subsidiaries own and operate assets in approximately 60 countries, plan to share commercial, financial and end-user expertise with Elroy Air through well-established industry networks.
Learn more about LCI’s collaboration with Elroy Air here.