Horizon Aircraft目前有多少現金儲備？

As of May 31, 2026, Horizon Aircraft holds $78.3 million in cash, which the company says is sufficient to fund more than 24 months of operations, including full-scale demonstrator assembly and certification activities.

Cavorite X7全尺寸原型機什麼時候開始測試？

The first full-scale Cavorite X7 prototype is expected to begin initial testing in Q1 of calendar year 2027, consistent with the company's previously stated development timeline.

BETA Technologies在這個計畫中扮演什麼角色？

BETA Technologies is providing its advanced fly-by-wire (FBW) flight control computer for integration into the Cavorite X7. The platform is designed to enhance the aircraft's precision, stability, safety, and efficiency, and will support development, testing, and certification efforts.

Horizon Aircraft Reports Q4 FY2026 Results: $78.3M…

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.

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Highlights

Horizon Aircraft reported a cash reserve of $78.3 million as of May 31, 2026, covering more than 24 months of operational runway.

The full-scale Cavorite X7 eVTOL prototype is on schedule to begin initial testing in Q1 2027.

BETA Technologies' fly-by-wire flight control computer has been selected for integration into the Cavorite X7 program.

RAMPF Composite Solutions and North Aircraft Industries are manufacturing key structural components, including the fuselage, empennage, and proprietary wing architecture.

Horizon Aircraft's headcount is expected to grow from 56 employees to over 100 by summer 2027, following the appointment of Richard Alexander as Lead Certification Program Engineer.

Horizon Aircraft Reports Q4 FY2026 Financial Results with $78.3M Cash Reserve

Horizon Aircraft has released its fourth-quarter financial and operational results for fiscal year 2026 (period ending May 31, 2026), highlighting parallel progress on both the financial and technical fronts.

Strong Balance Sheet with 24+ Months of Liquidity

The company reported continued balance sheet strengthening, with a cash reserve of $78.3 million, providing more than 24 months of operational runway. This liquidity is sufficient to support full-scale demonstrator assembly as well as ongoing certification and manufacturing activities.

Full-Scale Cavorite X7 Prototype Development on Track

Technical development of the full-scale aircraft continues to advance, with the first full-scale prototype expected to begin initial testing in Q1 of calendar year 2027 — in line with the company's previously announced timeline.

BETA Technologies Fly-By-Wire Flight Control Computer Integrated

Horizon Aircraft has incorporated BETA Technologies' advanced flight control computer into the Cavorite X7 program. The partnership will bring BETA's fly-by-wire (FBW) platform to the aircraft, enhancing precision, stability, safety, and efficiency — and supporting the company's aircraft development, testing, and certification activities.

Strategic Manufacturing Partners Tackling Key Structures

Development of the full-scale prototype is progressing through strategic manufacturing partnerships:

RAMPF Composite Solutions: responsible for the main fuselage and empennage structures
North Aircraft Industries: responsible for the company's proprietary wing architecture

Leadership Expansion and Headcount Set to Double

On the personnel front, the company has appointed Richard Alexander as Lead Certification Program Engineer, further strengthening its engineering and certification capabilities. Horizon Aircraft currently employs 56 people, with headcount expected to exceed 100 by summer 2027.

CEO: Company Entering a Pivotal Transformation Phase

Horizon Aircraft co-founder and CEO Brandon Robinson commented: "This has been a transformational year for Horizon Aircraft as we transition from technology validation into full-scale aircraft development. With a strong balance sheet, a growing network of strategic partnerships, and a technical team executing on our development roadmap, I am incredibly excited about what lies ahead."

Upcoming Key Milestones

Management identified the following upcoming milestones:

Continued advancement of subsystem integration
Progress on full-scale prototype assembly
Engineering team expansion
Ongoing engagement with certification authorities and strategic suppliers

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