Drone startup Elroy Air to list on Nasdaq via $1 billion SPAC deal
Published on: June 26, 2026, 4:42 p.m. | Source: The Economic Times
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.
