other material
confidence high
sentiment positive
materiality 0.50
Horizon Aircraft reports continued flight-test progress toward forward flight; full-scale Cavorite X7 on track for 2026
New Horizon Aircraft Ltd.
- Flight-testing program approaching full transition to forward flight of large-scale prototype eVTOL aircraft.
- Full-scale Cavorite X7 Hybrid eVTOL design on track for completion and testing in 2026.
- Patent-pending yaw control system validated; full-scale propulsion unit production commenced.
- Transitional flight tests on schedule to be completed by mid-summer.
- Management to present at EF Hutton conference on May 15 and Aerospace Innovation Forum on May 21-22.