‘Explosive Growth story:’ An Ontario Startup Landed a 100-Plane Deal for Its Hybrid-Electric Aircraft

‘Explosive growth story:’ An Ontario startup landed a 100-plane deal for its hybrid-electric aircraft

Horizon Aircraft secured its biggest commercial milestone yet: a potential $600-million agreement to sell as many as 100 planes.

Canada's Horizon signs letter of intent to sell up to 100 hybrid ...

Horizon signs letter of intent to sell up to 100 hybrid-electric aircraft worth $600-million

VTOLs have been touted as an alternative mode of transport in congested cities

Farnborough 2026 – Australia V-Star buys five Horizon Aircraft Cavorite X7s

Horizon Aircraft today announced it has signed a Letter of Intent with V-Star Powered Lift Aviation Pty Ltd, an Australian-based aircraft operator specializing in advanced power-lift aircraft, to purchase five Cavorite X7 hybrid-electric VTOL aircraft with options to purchase up to an additional 95 aircraft. V-Star intends to secure the delivery slots for these five aircraft with a firm deposit upon execution of the definitive agreement. V-Star …

V-Star signs LOI with Horizon for purchase of five Cavorite X7s – plus 95 options

V-Star Powered Lift Aviation Pty Ltd, an Australian-based aircraft operator specialising in advanced power-lift aircraft, has signed a Letter of Intent (LOI) for the purchase of five Cavorite X7 hybrid-electric VTOLs from Horizon Aircraft – with options to purchase up to an additional 95 aircraft. The addition of Cavorite X7s into V-Star’s fleet will significantly reduce medevac response times and patient transfers, and search and rescue mission…

Horizon Aircraft Secures LOI with V-Star Powered Lift Aviation for the Purchase of Up to 100 Hybrid eVTOLs for $600 Million

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