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Horizon Aircraft (HOVR) Partners With Motion Applied to Advance Cavorite X7 Program
Yahoo Finance· 2026-01-03 11:19
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].
Canadian Air Force Visits Horizon Aircraft Indicating Growing Interest in Hybrid eVTOL
Accessnewswire· 2025-11-06 13:13
Core Insights - Horizon Aircraft hosted Brigadier General Brendan Cook from the Royal Canadian Air Force for a briefing on the Cavorite X7 and its potential defense applications [1] Company Overview - Horizon Aircraft is an advanced aerospace engineering company focused on developing hybrid eVTOL aircraft, specifically the Cavorite X7 [1] Industry Context - The meeting with military officials highlights the growing interest in hybrid eVTOL technology for defense purposes, indicating potential market opportunities for Horizon Aircraft [1]
Horizon Aircraft Partners with Renowned Designer Andrea Mocellin to Shape the Future of Air Mobility
Globenewswire· 2025-06-25 12:00
Core Viewpoint - Horizon Aircraft announces a strategic collaboration with renowned mobility designer Andrea Mocellin to enhance the design and aesthetics of the Cavorite X7 hybrid-electric eVTOL aircraft, aiming to set a new benchmark in the industry for performance and visual appeal [1][5]. Company Overview - Horizon Aircraft (NASDAQ: HOVR) is an advanced aerospace engineering company developing one of the world's first hybrid eVTOL aircraft, designed to operate like a conventional aircraft while offering superior speed, range, and operational utility [7]. - The company focuses on safety, performance, and utility in its unique designs, with plans to complete testing and certification of the Cavorite X7 and scale production to meet demand from various sectors including regional operators and military customers [7]. Collaboration Details - Andrea Mocellin, known for his work in aviation and automotive design, will refine the Cavorite X7's design, ensuring it is both technologically advanced and visually iconic [2][5]. - The collaboration aims to integrate functionality with aesthetics, enhancing efficiency, aerodynamics, and user experience, while the interior will be adaptable for multiple configurations [3][5]. Development Goals - The Cavorite X7 is designed for high performance, long-range capabilities, and operational flexibility, representing a significant advancement in hybrid-electric aviation [3]. - The partnership with Mocellin is expected to elevate the aircraft's design and reinforce Horizon Aircraft's commitment to innovation in eVTOL technology [4].
Horizon Aircraft Partners with MT-Propeller for Hybrid eVTOL Propulsion
Globenewswire· 2025-06-13 12:00
Core Insights - Horizon Aircraft has entered a strategic partnership with MT-Propeller to supply propellers for its hybrid eVTOL aircraft, marking a significant step in the company's transition from prototype to full-scale production [1][2][3] - The collaboration aims to enhance the performance of Horizon's Cavorite X7 aircraft by leveraging MT-Propeller's advanced composite technology, focusing on speed, efficiency, and noise reduction [2][3] - This partnership is crucial for Horizon Aircraft as it accelerates the journey towards certification and production readiness, positioning the company to transform regional air mobility [3] Company Overview - Horizon Aircraft is developing one of the world's first hybrid eVTOL aircraft, designed to operate like a conventional aircraft while offering superior speed, range, and operational utility [5] - The company aims to complete testing and certification of the Cavorite X7 eVTOL and scale production to meet anticipated demand from regional operators, emergency services, and military customers [5]