Horizon Aircraft (HOVR) Partners With Motion Applied to Advance Cavorite X7 Program

Core Insights - New Horizon Aircraft Ltd. (NASDAQ:HOVR) has partnered with Motion Applied, a former division of the McLaren Group, to enhance its hybrid-electric VTOL aircraft, the Cavorite X7 [1][2]. Group 1: Partnership Details - Motion Applied will design and manufacture a customized motor drive inverter for the Cavorite X7, aimed at improving power efficiency and reducing weight in the aircraft's vertical lift system [2]. - The partnership leverages Motion Applied's expertise in design, manufacturing, and testing to support the development of a full-scale prototype and certification program for the Cavorite X7 [2][3]. Group 2: Technical Specifications - The Cavorite X7 will utilize Motion Applied's MCU-X platform, featuring a custom air-cooled silicon carbide motor drive inverter that converts direct current from onboard batteries into alternating current for the electric motors [3]. - The inverter is expected to weigh under 3 kilograms and is designed to enhance power transfer efficiency while minimizing cooling requirements through the use of silicon carbide technology [4]. Group 3: Company Overview - New Horizon Aircraft Ltd. is focused on developing the Cavorite X7, a hybrid-electric Vertical Takeoff and Landing (eVTOL) aircraft that combines the flying capabilities of a conventional plane with VTOL functionality [5].