January 9th, 2026 - 07:10 GMT
Barq Group, the leader in smart mobility and logistics solutions in the MENA region, and Elroy Air, the leading U.S.-based developer of autonomous aerial systems for middle-mile logistics, today announced the signing of an initial agreement. This collaboration between the parties establishes the framework for a joint venture (JV) that will invest $200M to build a state-of-the-art manufacturing facility in Abu Dhabi to produce the Chaparral, an autonomous hybrid-electric vertical take-off and landing (VTOL) cargo UAS. This production facility will supply Chaparral systems to commercial and humanitarian customers in the ...
