HOVR Stock Rockets as Horizon Aircraft Lands Pratt & Whitney Engine Partnership
Hybrid eVTOL Progress and Forecast New Horizon Aircraft is focused on certifying and producing its Cavorite X7, a 7-seat hybrid-electric VTOL aircraft. The company envisions a first flight-worthy prototype within ~18 months and full production by the late-2020s. CEO Brandon Robinson said the successful May 2025 test flight “was already an incredible year for the technical team,” and now they are pushing toward full-scale design completion verticalmag.com. Horizon notes it has the cash runway and partnerships (with Pratt & Whitney, government agencies, etc.) to achieve these goals sec.gov sec.gov. Financially, Horizon remains pre-revenue. Its Q1 FY2026 report (Aug–Oct 2025) did