FedEx Plans to Test Autonomous Drone Cargo Delivery with Elroy Air
FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the worlds largest express transportation company, is teaming up with California Bay Area-based Elroy Air, the company building the first end-to-end autonomous vertical take-off and landing (VTOL) aerial cargo system.
- FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the worlds largest express transportation company, is teaming up with California Bay Area-based Elroy Air, the company building the first end-to-end autonomous vertical take-off and landing (VTOL) aerial cargo system.
- As a first of its kind agreement in the U.S., FedEx Express will develop plans to test Elroy Airs Chaparral autonomous air cargo system within the companys middle-mile logistics operations, moving shipments between sortation locations.
- FedEx and Elroy Air have been working together since January 2020 and will continue their collaboration to pursue certifications and begin flight testing in 2023.
- Elroy Air is developing industry-first autonomous aircraft systems and software to expand the reach of express shipping to every person on the planet.