Elroy Air

Elroy Air is a high-profile aerospace company with verified Series B funding (~$116M) and a reported order backlog exceeding $2B from partners like Mesa Airlines, Bristow, and LCI. The project demonstrates exceptional Technical Innovation and Real-World Utility, with a working full-scale prototype (Chaparral C1) that has achieved transition flight (vertical to forward). However, the submission itself was of very poor quality, containing false traction claims ('most people have used my product') and vague details. The final score is high due to the verified reality of the business, but significantly dampened by the lack of credible evidence in the submission and the pre-commercial nature of the hardware.