{"id":"d2a66248-23b2-482e-a898-95a4ae84ef20","name":"Horizon Aircraft","slug":"horizon-aircraft","description":"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.","status":"active","founded":0,"hq":"Toronto, Ontario, Canada","hqLat":null,"hqLng":null,"hqGeocodedAt":null,"hqAddress":null,"hqPrecision":null,"website":null,"fundingTotal":null,"type":"hardware","reviewStatus":"reviewed","lifecycleState":"active","supersededByCompanyId":null,"sources":[{"url":"https://en.wikipedia.org/wiki/Horizon_Aircraft","title":"Horizon Aircraft - Wikipedia","sourceName":"Wikipedia"}],"keyFacts":[{"label":"Products","value":"Cavor X7 hybrid-electric eVTOL"},{"label":"Ticker","value":"NASDAQ: HOVR"},{"label":"Cash","value":"$17M (fiscal 2026)"},{"label":"Technology","value":"Patented HOVR fan-in-wing — electric VTOL, gas-powered cruise"},{"label":"Certification","value":"First fan-in-wing VTOL flight completed"}],"aliases":[],"collisionRisk":"low","reviewNote":null,"atsProvider":null,"atsSlug":null,"factoryLocations":null,"manufacturingCapacity":null,"orgType":null,"burnSignal":null,"litigationEvents":null,"insurancePostureDisclosed":null,"unitEconomicsDisclosed":null,"tickerSymbol":null,"stockExchange":null,"secCik":null,"revenueUsd":null,"revenueBasis":null,"revenueAsOf":null,"employeeCount":null,"employeeCountBasis":null,"employeeCountAsOf":null,"marketCapUsd":null,"marketCapAsOf":null,"marketCapSource":null,"createdAt":"2026-08-17T18:07:53.933Z","updatedAt":"2026-08-21T04:53:41.135Z","jsonLd":{"@context":"https://schema.org","@type":"Organization","@id":"https://registry.deploy.report/companies/horizon-aircraft","url":"https://registry.deploy.report/companies/horizon-aircraft","name":"Horizon Aircraft","description":"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.","identifier":"d2a66248-23b2-482e-a898-95a4ae84ef20","address":"Toronto, Ontario, Canada","publisher":{"@id":"https://deploy.report/#organization"}},"framework_metadata":{"framework_schema_version":"0.1.0","verification_status":"verified","maturity_stage":null,"lifecycle_state":null,"architectural_position":{"cohort":null,"sub_cohorts":[]},"within_cohort_verified_vs_claimed_pair":null,"cap_flags":[],"verification_depth":{"sources_count":1,"primary_source_types":["knowledge-base"]}}}