Horizon Aircraft Provides Corporate Update
TORONTO, April 16, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, today is publishing a comprehensive Company update.
- ~ Continuing Detailed Design of the Full-Scale Cavorite X7 Hybrid eVTOL Aircraft, on Track for Completion and Testing in 2026 ~
TORONTO, April 16, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, today is publishing a comprehensive Company update. - Brandon Robinson, Chairman and Chief Executive Officer of Horizon commented, “Horizon had a tremendous start to 2024.
- The aircraft features a patented wing system allowing it to fly the majority of its mission in a configuration similar to that of a normal aircraft.
- With a growing team of aviation professionals, engineers and technicians, Horizon Aircraft elite prototyping team is positioned to build its full-scale demonstrator on schedule.