@RADHardTech HOVR is modular, they can switch in/out business seat or hospital bed or military with floor rails. The modular enough to fit any space. The interior of HOVR is also a really good advantage.
What if a VTOL aircraft could operate at up to 75% lower cost than a helicopter?
That’s the projected performance of Horizon Aircraft’s hybrid-electric Cavorite X7 - delivering a forecast operating cost of just US$0.97 per available seat mile, validated by a leading independent audit firm.
Designed to overcome the limitations of traditional rotorcraft, the Cavorite X7 combines hybrid-electric propulsion with Horizon’s patented fan-in-wing architecture to deliver the efficiency of fixed-wing flight with the flexibility of vertical take-off and landing.
Canada: long winters, vast landscapes. @HorizonAircraft’s Cavorite X7 is built to fly when helicopters can’t—even in known icing conditions. Hybrid-electric, all-weather, runway-free, no ground charging—faster, safer, and more cost-effective for critical missions. 🇨🇦
Set a reminder for my upcoming Space! https://t.co/fbZAyKnBeX
For this special space I will be hosting and interviewing Brandon Robinson CEO of @HorizonAircraft along with @MattChesle49512
Come learn a bit about Brandon, what he hopes to achieve with Horizon and how his evtol vision finds into AAM.
We’re excited to announce that Horizon Aircraft has partnered with RAMPF Composite Solutions (CAN) to manufacture the fuselage, the main body, of the Cavorite X7 full-scale prototype.
RAMPF is globally recognized for its expertise in high-performance composite engineering and aerospace-grade manufacturing. “This is the kind of project that professionals across the composites industry truly aspire to work on. It will show how lightweight, high‑performance composites continue to push the boundaries of engineering and design. It is an honour for RAMPF to collaborate with Horizon on such a game-changing aircraft.” said RAMPF CEO, Larry Fitzgerald.
Brandon Robinson added, "Seeing fuselage manufacturing underway is incredibly meaningful, and having it built locally in Ontario, Canada is something we are proud of. RAMPF’s highly experienced team understands the significance of what Horizon Aircraft is working to achieve, and we look forward to bringing the Cavorite X7 to life together.”
Horizon Aircraft Welcomes Esteemed Test Pilot-Astronaut Jameel Janjua to its Board of Directors
https://t.co/jHvz7Ksw1r
$HOVR @MartynInvestor@sensei_crypto_
@JackPatrick06 Why not? Fan-in-wing hybrid offers 800km range. Name one specific red flag (I have been unable to find any, if you believe Pelecan's research then you ought to fact check their points yourself)
@CheffersJohn@CedarStResearch@Pelicanwayre What are you talking about? The most successful hedge fund ever (Renaissance) is an institutional investor. As well as other very reputable names. Why wouldn't a VC let an aircraft fly if the defense department requests them to fly?
@CedarStResearch@Pelicanwayre The Pelican Way Research report is not entirely fabricated (e.g., dilution and low R&D spend are real), but the arguments are weak, often anecdotal, and fail to contextualize HOVR as a lean startup in a capital-intensive space. Nearly all claims crumble under scrutiny.
@Pelicanwayre You can think whatever you want. But they have an aircraft that flies, and is the second only evtol with fan-in-wing to ever do so. They have extremely talented team and defense relationships. They have great strategic investors. And most of your points thus far are misleading.
@Pelicanwayre MNP is one of the largest auditors (think 10,000 employees, 150 offices, etc.) of course there is an alleged anything lawsuit against them. This is an extremely old and established audit firm and will look good to instituions. it's an upgrade.
@JackPatrick06@ericmass_@Pelicanwayre That report was honestly awful, so many inaccuracies like they haven't done any due diligence at all. I would stay far away (from this researcher).
@Pelicanwayre They have already publicly stated what the Ohio address is for. Don't you do any research? I'm astounded you call this research. Anyway the CEO has stated this is a business address for incorporation only (which is completely normal in the business) so they can operate in the US
@Pelicanwayre They are building their full-scale demo with a sub 50 person team hence and are not in certification yet hence why they don't have a huge spend. They have publicly stated they need to raise spend after flying full-scale model which is normal.
@Pelicanwayre The amount of dilution is consistent with nearly and growth microcap. It is consistent with nearly any other evtol company like archer or joby. What you describe as dumping may be normal employee compensation for hitting milestones.
@Pelicanwayre This is public info every investor knows and not some sort of "gotcha". Do you really think investors don't know their full scale model is under development and their half-scale is currently grounded? It's public information. It's like you haven't even done an ounce of research