Economic TimesLean R·
Drone startup Elroy Air to list on Nasdaq via $1 billion SPAC deal
Cargo drone startup Elroy Air is set to go public in the US through a $1 billion merger with blank-check firm Columbus Circle Capital Corp II. This strategic move, expected to yield at least $165 million, will fuel Elroy Air's development of autonomous heavy-cargo drones for defence and logistics.
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