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New Horizon Aircraft Targets 2030 Certification for Hybrid eVTOL Cavorite X5

Source: marketbeat.com

Technology & InnovationTransportation & LogisticsCompany Fundamentals
New Horizon Aircraft Targets 2030 Certification for Hybrid eVTOL Cavorite X5

New Horizon Aircraft (NASDAQ: HOVR) is developing a hybrid-electric vertical takeoff and landing aircraft for regional transportation. The company targets certification in 2030 and plans to begin flight testing a full-scale demonstrator next year.

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