Horizon Aircraft appoints Brian Merker as CFO news Yves Le Marquand 13 Dec 23 0 Horizon Aircraft has the appointed aviation executive, Brian Merker, as chief financial officer ahead of its planned NASDAQ listing. Merker brings more than 20 years… Read more
Canso invests $6.7m in Horizon Aircraft news Yves Le Marquand 7 Dec 23 0 Horizon Aircraft has announced a strategic investment from Canso Investment Counsel and affiliates for $6.7m CAD. The investment, which totals just under $5m USD, comes… Read more
Horizon shifts to seven-seat aircraft design news Yves Le Marquand 27 Sep 23 0 Horizon Aircraft has shifted the design of its prototype hybrid eVTOL aircraft and is now targeting production of a seven-seat capacity model – the Cavorite… Read more
Horizon Aircraft to list publicly via SPAC Pono Capital Three news Yves Le Marquand 16 Aug 23 0 Canadian VTOL manufacturer, Horizon Aircraft is to list publicly on Nasdaq via Hawaiian special purpose acquisition company, Pono Capital Three. Pono announced a definitive business… Read more
Critical goods supply worries remote Canadians news Yves Le Marquand 10 Aug 23 0 Concern over supply chain security for critical goods is increasing among remote communities in Canada, according to Horizon Aircraft. New research by the Canadian VTOL… Read more
Horizon Aircraft prototype completes maiden transition flight test news Yves Le Marquand 4 Apr 23 0 Horizon Aircraft has successfully completed initial transition flight testing of its 50% scale eVTOL prototype. The scaled Cavorite X5 completed its maiden flight test in… Read more
Horizon and 3C agree MoU for ‘all-Canadian’ Cavorite X5 programme news Yves Le Marquand 13 Feb 23 0 Horizon Aircraft and 3C have signed a memorandum of understanding (MoU) to jointly continue developing Horizon’s Cavorite X5 eVTOL. The MoU will give Horizon access… Read more
eVTOL market: Biggest growth from air taxis, ambulance and cargo news Yves Le Marquand 20 Jan 23 0 Air taxis, air ambulance and cargo are seen as the three biggest growth areas of the eVTOL market over the next five years, according to… Read more
Horizon releases Cavorite hover test footage news Yves Le Marquand 17 Jan 23 0 Horizon Aircraft has released the first footage of its Cavorite X5 scale prototype in the air. Earlier this month Revolution.Aero reported that the Canada-based eVTOL… Read more
New Horizon survey suggests public confidence in eVTOLs rising news Yves Le Marquand 10 Jan 23 0 A new survey amongst private equity and venture capital (VC) firms revealed that 82% expect public confidence in the eVTOL sector to increase over the… Read more
Horizon’s Cavorite prototype completes initial hover testing news Yves Le Marquand 4 Jan 23 0 Horizon Aircraft’s Cavorite X5 scale prototype has successfully completed initial hover testing today. The firm now plans to move to transition flight testing in the… Read more
Horizon Aircraft: eVTOL industry to consolidate as order books grow news Yves Le Marquand 13 Dec 22 0 By 2025 66% of venture capital and private equity sector expect the global eVTOL order book to be over 8,000 per year, according to research… Read more