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Columbus Circle Capital Corp II, Cohen Announce Elroy Air Receives $46.059M U.S. Army Contract To Develop Autonomous Hybrid-Electric Vertical Take-Off, Landing Uncrewed Aircraft System

Aug 21, 2026 · 04:33 PM ET· updated 1h ago

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.

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Why It Matters

A company that Columbus Circle is investing in won a big $46 million contract from the U.S. Army to build special flying robots that don't need pilots. When companies get big government contracts, it shows people believe in what they're building.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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