Inflection Point Acquisition Corp. VII Class A Ordinary Shares

IPXG

Valor de mercado US$ 317 mi

SAN FRANCISCO--(BUSINESS WIRE)--Elroy Air, a leading U.S.-based technology developer of autonomous heavy-cargo drones for defense, rapid response and commercial logistics, today announced that it has expanded its previously-disclosed PIPE commitments, increasing the total to $175 million. Existing investors including Lockheed Martin Ventures and Inflection Point participated and $75 million has now been funded prior to the closing of the Business Combination Agreement between Elroy Air and Infl.

SAN FRANCISCO, CA, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by the management team of Inflection Point Asset Management (“Inflection Point”) and Cohen & Company, Inc. (NYSE American: COHN), which will be renamed Inflection Point Acquisition Corp VII (“IPAC”) (Nasdaq: IPXG), today announced that Elroy Air has been awarded a $46,058,871 firm-fixed-price contract for the development of an autonomous hybrid-electric vertical take-off and landing (VTOL) uncrewed aircraft system for modular multi-mission payload delivery. Work will be performed in California, with an estimated completion date in 2029. Fiscal Year 2026 research, development, test and evaluation, defense-wide funds in the amount of $5,135,354 were obligated at the time of the award. Army Contracting Command, Aberdeen Proving Ground, Maryland, is the contracting activity (W911QX-26-C-A016).

SAN FRANCISCO--(BUSINESS WIRE)--Elroy Air, Inc., a leading U.S.-based technology developer of autonomous heavy-cargo drones for defense, rapid response and commercial logistics, and Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by the management team of Inflection Point Asset Management (“Inflection Point”) and Cohen & Company, Inc. (NYSE American: COHN), which will be renamed Inflection Point Acquisition Corp VII (Nasdaq: IPXG), today announced t.

Columbus Circle Capital Corp II (CMII) M&A Call Transcript

Cargo ‌drone startup Elroy Air has agreed to list in the U.S. through a merger with blank-check firm ​Columbus Circle Capital Corp II in a ​deal valued at roughly $1 billion, the companies ⁠said on Friday.

SAN FRANCISCO--(BUSINESS WIRE)--Elroy Air, Inc., a leading U.S.-based technology developer of autonomous heavy-cargo drones for defense, rapid response and commercial logistics, and Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by the management team of Inflection Point Asset Management (Inflection Point) and Cohen & Company, Inc. (NYSE American: COHN), which will be renamed Inflection Point Acquisition Corp VII (Nasdaq: IPXG), announced today tha.