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Horizon Aircraft Reports Q4 FY2026 Results: $78.3M Cash Reserve, Full-Scale Cavorite X7 Prototype on Track

Horizon Aircraft has released its Q4 FY2026 financial and operational results (period ending May 31, 2026), reporting a cash reserve of $78.3 million — sufficient to fund more than 24 months of operations. The company's full-scale Cavorite X7 prototype is on schedule for initial testing in Q1 2027, with strategic manufacturing partners RAMPF Composite Solutions and North Aircraft Industries contributing to key structural components. BETA Technologies' fly-by-wire flight control computer has also been integrated into the program.

eVTOL空中計程車融資募資

about 1 month ago

Source: Urban Air Mobility News

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