Sky’s the Limit for Horizon Aircraft with $8.4 Million Investment

Horizon Aircraft's Strategic Investment Positions Company for Growth in the Hybrid eVTOL Market

Editorial Team (ET)April 30, 2025

Horizon Aircraft Ltd. (NASDAQ: HOVR), a leader in the development of hybrid electric Vertical Take-Off and Landing (eVTOL) aircraft, has announced that it has secured a strategic investment worth $8.4 million from a dedicated aerospace investor. This investment marks a significant milestone for the company and underscores the growing confidence in Horizon Aircraft’s vision and potential in the rapidly expanding eVTOL market.

The funding, designed to strengthen Horizon Aircraft’s balance sheet and fortify its ongoing operations, will provide the necessary resources for further development, flight testing, and the regulatory advancements of its flagship eVTOL, the Cavorite X7.

An Investment in the Future of Aviation

This $8.4 million investment not only bolsters Horizon Aircraft's operational capacity but also signals the investor's long-term commitment to the company's innovative approach to aviation. As the aviation industry continues to look toward sustainable alternatives, Horizon Aircraft’s hybrid eVTOL technology positions it at the forefront of the transformation.

Brandon Robinson, CEO and Co-Founder of Horizon Aircraft, expressed his gratitude for the continued backing, saying, “We are deeply appreciative for this second investment from our strategic partner. The principle’s continued support through this second tranche of funding provides our business with a solid working capital position in support of our initiatives. With this commitment, Horizon Aircraft is on solid footing, and our focus is on the development of our full-scale hybrid eVTOL.”

Key Terms of the Investment

Under the terms of the investment, Horizon Aircraft will issue an aggregate of 4,166,667 common shares, priced at $0.50 CAD per share, amounting to $2.1 million. These shares will be offered from the company’s treasury. In addition, the investor will exchange $6.3 million for 4,500 preferred shares, also to be issued from Horizon’s treasury. These preferred shares, which come with a priority liquidation preference, are convertible into common shares at a price of $0.63 CAD per share over the next five years.

This strategic partnership not only secures the necessary capital for Horizon Aircraft but also lays the groundwork for potential future collaborations as the company scales its operations and brings the Cavorite X7 to market.

Focus on Innovation: Cavorite X7

The Cavorite X7, Horizon Aircraft's flagship model, represents the cutting edge of hybrid eVTOL technology. Designed with the mission-first approach in mind, the aircraft aims to revolutionize urban air mobility with exceptional speed, range, and operational utility. With the backing of this new investment, Horizon Aircraft is closer to achieving its goal of successful testing, certification, and commercial launch of the Cavorite X7.

The company’s unique design philosophy prioritizes safety, performance, and operational utility. Horizon Aircraft is focused on ensuring that the Cavorite X7 will not only meet but exceed the demands of a variety of early use cases, paving the way for widespread adoption in the aviation and transportation sectors.

Strengthening Horizon Aircraft’s Position in the eVTOL Market

The investment comes at a critical time for the eVTOL sector. As governments, investors, and companies around the world are increasingly focusing on the environmental benefits of hybrid-electric aircraft, Horizon Aircraft is well-positioned to capitalize on this momentum. With its advanced engineering and cutting-edge hybrid electric propulsion system, Horizon Aircraft is ready to lead the charge in shaping the future of aviation.

The eVTOL market is predicted to grow exponentially over the coming years, with projections suggesting that urban air mobility solutions will play a significant role in addressing congestion, pollution, and transportation inefficiencies in major cities. Horizon Aircraft’s strategic investment not only enhances its financial standing but also strengthens its ability to compete in this rapidly evolving industry.

Looking Ahead: The Road to Market Launch

With the additional capital secured, Horizon Aircraft is poised to accelerate its efforts in completing the full-scale development of the Cavorite X7. The company’s immediate goals include advancing its flight testing program, meeting regulatory requirements, and preparing for the aircraft's eventual certification.

This investment also signals a pivotal moment in Horizon Aircraft’s journey toward bringing hybrid-electric vertical takeoff and landing aircraft to the masses. The support of a strategic aerospace investor provides the company with the stability and resources needed to continue pushing forward with its ambitious goals.

Conclusion: A Strong Step Forward for Horizon Aircraft

The $8.4 million strategic investment marks a major milestone for Horizon Aircraft, providing the company with the capital it needs to continue developing its groundbreaking Cavorite X7 eVTOL aircraft. With a solid financial foundation and continued backing from a dedicated investor, Horizon Aircraft is well-positioned to advance its innovative technology and remain a key player in the rapidly expanding eVTOL market.

As the aviation industry moves toward more sustainable and efficient alternatives, Horizon Aircraft's hybrid eVTOL represents a glimpse into the future of air travel, one that promises to revolutionize how we think about transportation. With continued support and an unwavering focus on innovation, Horizon Aircraft is on track to lead the way in the next generation of aviation.

Disclaimer

This report should not be viewed as investment advice or as an offer to buy or sell any securities or as an invitation or solicitation of an offer to buy or sell any securities. Neither the author of this report, its publisher, nor any other person associated with the publication of this report, are registered brokers, investment dealers, investment advisers, or financial advisers. The information in this report has not been tailored to the particular needs or circumstances of readers and should not be relied upon as investment advice or recommendations to purchase or sell any of the securities presented in this report. Readers seeking investment advice should contact qualified and registered brokers, investment dealers, investment advisers, or financial advisers prior to making any decision to buy or sell any of the securities referred to in this report. The information in this report should not be construed as investment, legal, or tax advice. No recommendation is made as to whether an investment in the presented securities is suitable for any reader in light of the reader’s particular circumstances.

Readers are cautioned that the publisher of this report covers exclusively securities that carry a high degree of volatility. Investing in such securities is highly speculative and carries a high degree of risk. Investors in such securities could lose all or a substantial portion of their investment. Only those investors who can afford to lose all or a substantial portion of their investment should consider investing in the securities referred to in this report.

This report may include information obtained from publicly available sources, including third-party reports or analysis. Neither the author nor publisher of this report, nor www.juniorstocks.com or its owners, have undertaken any independent investigation into the factual information used in this report, and the information in this report is provided without any warranty of any kind. No representations or warranties are provided regarding the accuracy or completeness of the information provided in this report. Statements of opinion or belief are those of the authors and/or publisher of this report. These statements of opinion or belief are expressions of the author’s and/or publisher’s judgment, and there is no guarantee that those judgments will turn out to be correct. No inference should be drawn that the author and/or publisher have any special or greater knowledge about the presented companies or their securities, or any particular expertise in the industries or markets in which the company operates. Readers should conduct their own due diligence and seek professional advice prior to investing in any securities presented on Juniorstocks.com.

Certain statements in this report constitute “forward-looking” statements. Forward-looking statements often, but not always, are identified by the use of words such as “seek,” “anticipate,” “believe,” “plan,” “estimate,” “expect,” “targeting,” and “intend” and statements that an event or result “may,” “will,” “should,” “could,” or “might” occur or be achieved and other similar expressions. Forward-looking statements express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance; they are not statements of historical facts and should not be viewed as any guarantee of any future result. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. The author and/or publisher of this report disclaims any obligation to update the forward-looking statements in this report, whether as a result of new information, future events, or results or otherwise. There is no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

The information provided in this report is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to applicable law or regulation, or would subject the author or publisher of this report to any registration requirement in such jurisdiction or country.

Information about the editor of this publication:
Juniorstocks.com is a service provided by Piccadilly Capital Group, Office 66, 101 Clapham High Street, London, SW4 7TB, UK. Piccadilly Capital Group is not the publisher of this report and was not paid for the publication of this report. Piccadilly Capital Group seeks to generate web traffic and a growing number of followers through the publication of articles or reports. Directors, officers, and other insiders of the publisher own an interest in Piccadilly Capital Group. Piccadilly Capital Group does not endorse or recommend the business, products, services, or securities of any company mentioned on www.juniorstocks.com. Piccadilly Capital Group will not share your information with any outside third parties. Due to the new data protection basic regulation, we ask you to read our data protection declaration carefully.

Note on copyright:
The contents published on this website and on connected media (e.g., e-mail, X, Facebook) are subject to applicable copyright and ancillary copyright laws. Any use not permitted by applicable copyright and ancillary copyright laws requires the prior written consent of the provider or the respective rights holder. In particular, this applies to the duplication, editing, translation, storage, processing, or reproduction of content in databases or other electronic media and systems. Contents and rights of third parties are marked as such. Unauthorized reproduction or transmission of individual contents or complete pages is not permitted and is punishable by law. Only the production of copies and downloads for personal, private, and non-commercial use is permitted. Links to the provider's website are always welcome and do not require the consent of the provider of the website. Photos and images on the website may not be shared unless the publisher itself has acquired the initial rights from authorized sources. The presentation of this website in external frames is only allowed with written permission. If you notice any violations, please inform us. Please note: The content of our articles, emails, or other publications or social networks such as X, LinkedIn or Facebook is exclusively intended for the designated addressee(s). If you are not the addressee of these articles, emails, or other publications in the market letter or social networks such as Twitter or Facebook or his or her legal representative, please note that any form of publication, reproduction, or distribution of the content of these articles, emails, or other publications in the market letter or social networks such as X, LinkedIn or Facebook is prohibited. Falsifications of the original content of this message during data transmission cannot be excluded in principle.