Horizon Aircraft Provides Technical Progress Update

Core Insights - Horizon Aircraft is developing a full-scale hybrid electric Vertical Take-Off and Landing (eVTOL) aircraft, with initial testing expected in 18 months [1][2][3] Technical Progress - The technical team achieved significant milestones in the first half of 2025, including a successful transition to forward flight of the large-scale prototype [2][6] - The company is currently focused on the design of the full-scale aircraft, which is anticipated to be completed within 18 months [2][6] - Horizon has completed architecture development for the full-scale, non-conforming prototype and is actively testing propulsion technology [6] Certification and Regulatory Engagement - Horizon plans to certify the aircraft for flying under Instrument Flight Rules (IFR) and for Flight Into Known Icing (FIKI), and has engaged with Transport Canada Civil Aviation (TCCA) for this purpose [6] Team Expansion - The company increased its team of senior designers and engineers by nearly 50% in 2025, enhancing its technical capabilities [6]