Barq Group and Elroy Air to establish $200 million joint venture in Abu Dhabi to manufacture autonomous aircraft

Barq Group, a smart mobility and logistics solutions provider in the MENA region, and Elroy Air, a US-based developer of autonomous aerial systems for middle-mile logistics, have announced the signing of an agreement. This collaboration between the parties establishes the framework for a joint venture (JV) that will invest $200 million to build a state-of-the-art […]