Cavorite X7

Horizon Aircraft appoints propulsion expert to expand Cavorite X7 team

Horizon Aircraft appoints propulsion expert to expand Cavorite X7 team

3-Mar-2025Source: Horizon Aircraft

New Horizon Aircraft (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), an advanced aerospace engineering company and developer of the world’s first eVTOL (electric Vertical Take-Off and Landing) that can fly most of its mission exactly like a normal aircraft, today announces that John Wyzykowski has been appointed as a Technical... Read more

Horizon Aircraft Signs LOI with Discovery Air Chile

Horizon Aircraft Signs LOI with Discovery Air Chile

14-Jan-2025Source: Horizon Aircraft

New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical Take-Off and Landing (“eVTOL”) aircraft developer, announced today it has signed a Letter of Intent (“LOI”) with Discovery Air Chile Ltda., a leading Chilean helicopter operator to lease five Cavorite X7 eVTOLs with a... Read more

Horizon Aircraft Secures $8.4M Investment

Horizon Aircraft Secures $8.4M Investment

13-Jan-2025Source: Horizon Aircraft

New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, announced today it has received an investment from a strategic investor (the “Investor”) and aerospace supporter, for aggregate proceeds of $8.4 million (the “Investment”). The strategic financing will... Read more

Horizon Aircraft enters LOI to sell $250M of Cavorite X7 eVTOL to JetSetGo of India

Horizon Aircraft enters LOI to sell $250M of Cavorite X7 eVTOL to JetSetGo of India

22-Jan-2024Source: Horizon Aircraft

New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, announced that it has entered into a Letter of Intent (“LOI”) with JetSetGo, a regional air operator servicing multiple mission profiles. This LOI allows JetSetGo to purchase 50... Read more

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