
New Horizon Aircraft Ltd. (“Horizon”) is an advanced air mobility company developing next-generation hybrid-electric vertical takeoff and landing (eVTOL) aircraft designed to dramatically improve the speed, range, cost efficiency, and operational versatility of air transport. The company’s flagship aircraft, the Cavorite X7, integrates a patented fan-in-wing design with a hybrid propulsion system, enabling vertical takeoff and landing while flying 98% of its mission as a conventional aircraft—delivering materially superior performance relative to both legacy helicopters and first-generation eVTOL platforms.