Company

Horizon Aircraft

Canadian eVTOL company headquartered in Toronto, Ontario, developing the Cavorite X7 — a 7-seat hybrid-electric VTOL aircraft using patented HOVR fan-in-wing…

Track Horizon Aircraft

HQ: Toronto, Ontario, Canada
Status: active

The verified answer

As of Aug 2026, DEPLOY verifies Horizon Aircraft: 1 model. 1 source back the record.

CategoryDrones

Models

Overview

Horizon Aircraft went public via SPAC merger in 2024 and is listed on NASDAQ as HOVR. Large-scale prototype is flying. Missions: medevac, search & rescue, business travel, critical cargo, remote communities, defense ISR. $17M cash on hand as of fiscal 2026.

Verified record

Verified deployments: None on file
Active incidents: None on file

Key facts

Products

Cavor X7 hybrid-electric eVTOL

Tickersee public companies →

NASDAQ: HOVR

Cash

$17M (fiscal 2026)

Technology

Patented HOVR fan-in-wing — electric VTOL, gas-powered cruise

Certification

First fan-in-wing VTOL flight completed

Data & sources

Web sources

1 source backing this record.View all →

Models (1)

View all models →

Current platform

Cavor X7

Seven-seat hybrid-electric VTOL aircraft with patented HOVR fan-in-wing technology. Takes off vertically using electric motors, then wings conceal the fans and transitions to gas-powered forward flight. Max speed 460 km/h, max range 800 km, payload 680 kg, $0.97 per available seat mile (500-mile use). Designed for medevac, search & rescue, business travel, critical cargo, remote community access, and defense ISR missions.

aerialView model →

Horizon Aircraft on the deployment map

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Horizon Aircraft has no verified deployments on the DEPLOY registry yet. Explore the deployment map by place and type.

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No verified deployments for Horizon Aircraft on the DEPLOY record yet. Track Horizon Aircraft to know the moment the first one is verified.

Safety record

No incidents on record for Horizon Aircraft.

Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.

Full safety record: incidents, sourcing, and exposure data →

Recent coverage

Horizon Aircraft in third-party press

FIA 2026: eVTOL Insights’ speaks with Horizon Aircraft CEO and Founder Brandon Robinson

Aug 12, 2026

Financial state

Reporting basis: aggregator_estimate
Lifecycle stage: early
Counterparty risk class: unknown

Each numeric field carries its own basis marker. Aggregators report a number; this surface preserves the source class so verification depth travels with the value.

Recent activity

Every change to this record is dated, sourced, and independently verified where marked.

Record createdAug 17, 2026
Added to the verified registry

Full change history →

Sources (1)

https://en.wikipedia.org/wiki/Horizon_Aircraft

Common questions

What is Horizon Aircraft?

Canadian eVTOL company headquartered in Toronto, Ontario, developing the Cavorite X7 — a 7-seat hybrid-electric VTOL aircraft using patented HOVR fan-in-wing technology. The X7 takes off vertically on electric motors, then wings conceal the fans and it transitions to gas-powered forward flight at twice the speed of a helicopter. Horizon Aircraft went public via SPAC merger in 2024 and is listed on NASDAQ as HOVR. Large-scale prototype is flying. Missions: medevac, search & rescue, business travel, critical cargo, remote communities, defense ISR. $17M cash on hand as of fiscal 2026.

What does Horizon Aircraft make?

Horizon Aircraft has 1 robot model on the DEPLOY registry: Cavor X7 (Horizon Aircraft builds physical robots).

Where is Horizon Aircraft headquartered?

Horizon Aircraft is headquartered in Toronto, Ontario, Canada.

Where does Horizon Aircraft operate robots?

Horizon Aircraft is a robot manufacturer and does not directly operate deployments on the DEPLOY registry. Its products are deployed by customer operators; see the company page for the verified deployment record.

Is Horizon Aircraft a top robotics company?

On DEPLOY's intelligence score, which blends verified deployments, funding, hiring, media, safety, and IP signals, Horizon Aircraft ranks in roughly the top 91% of companies tracked by the registry.

Is Horizon Aircraft safe?

Horizon Aircraft has no incidents on record in the DEPLOY registry. This does not constitute a safety guarantee; it reflects the incidents DEPLOY has tracked and verified to date.

Methodology: Verified · 1 source (no primary) · last reviewed 2026-08-21

Verification posture

Verified

Low confidence

Review state

Stable

Last reviewed 2026-08-21

Sources by quality tier

1: knowledge-base; Knowledge base

The framework is documented at /methodology. Corrections at /corrections. Reviewer: DEPLOY editorial team.