Can this aircraft & company actually do what the article stated:
"The company has already begun developing the Elroy 2.0, which should be introduced to the market in the next 6-9 months."
They can't in the US for sure because
(1) it's too heavy for Ultarlight / FAR Part 103 cert (limited to 254 kg / ~115kg max)
(2) there's no provision for any rotorcraft (only winged, parasail, or gyrocopter) under Light Sport Aircraft / 14 CFR 21.190
(3) there are no certification categories extant yet for electrically-powered multrotors at all; prolly won't be for 2-3 yrs at least.
They MIGHT be able to in Canada because Ultralight classification under Transport Canada rules allows up to 544kg / 1200 lb.
BUT there's a pesky requirement for Mininimum Useful Load:
For a two place aeroplane:
MU = 160 + 0.3P, in kg; where P is the rated engine(s) power in kW;
MU = 350 + 0.5P, in lb; where P is the rated engine(s) power in bhp)
Current Elroy can't do that. We don't know what the 2.0 will do, but they're a LONG was from batteries that get to that.
I guess the real question is: do any of the pumpers care or are they just seeking a greater fool?