Horizon Aircraft (HOVR-Q) said Australia’s V-Star Powered Lift Aviation signed a letter of intent to buy up to 100 of its hybrid-electric VTOL aircraft for US$600 million. The announced order intent is a positive commercial signal for Horizon’s pipeline, though it is an LOI rather than a finalized contract.
Horizon Aircraft (HOVR-Q) said Australia’s V-Star Powered Lift Aviation signed a letter of intent to buy up to 100 of its hybrid-electric VTOL aircraft for US$600 million. The announced order intent is a positive commercial signal for Horizon’s pipeline, though it is an LOI rather than a finalized contract.
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