DEPLOYDatabase

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…

HQ
Toronto, Ontario, Canada
Status
active

The verified answer

As of Oct 2026, DEPLOY verifies Horizon Aircraft: 1 model. 4 sources back the record.

CategoryDrones

Overview

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.

Verified record

Verified deployments
None on file
Active incidents
None on file

Key facts

Products

Cavor X7 hybrid-electric eVTOL

Cash

$17M (fiscal 2026)

Technology

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

Certification

First fan-in-wing VTOL flight completed

Cavorite X7 configuration

Horizon Aircraft describes the Cavorite X7 as a hybrid-electric VTOL aircraft designed for one pilot and six passengers, with a fan-in-wing HOVR configuration (The aircraft).

Conventional-flight transition

Horizon says the Cavorite design combines vertical takeoff and landing with conventional forward flight through its hover-wing architecture (Seven-seat hybrid-electric eVTOL concept).

Published X7 performance targets

Horizon lists an intended 800-kilometer range and 680-kilogram VTOL payload for the Cavorite X7 in its product brochure (Cavorite X7 brochure).

Data & sources

News coverage

3

Web sources

1

4 sources backing this record.View all →

Partnerships

Every company Horizon Aircraft has built with, alongside the ones only announced in a press release.

2 total2 operating

Most-frequent partners

  1. 1AWS1× joint976 total
  2. 2NVIDIA1× joint1114 total

Most recent

Horizon Aircraft on the deployment map

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Relationships

Current leadership (1)

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

Peer companies