Horizon Aircraft is an advanced aerospace manufacturer designing and developing the Cavorite X7, a hybrid-electric eVTOL aircraft for the regional air mobility market, enabling transportation of people and cargo over medium distances with vertical takeoff and landing capability combined with high-speed cruise performance. The company's proprietary HOVR Wing technology uses ducted fans integrated within the wings to deliver efficiency, reduced noise, and multi-modal operating capability across vertical takeoff/landing, short takeoff/landing, and conventional takeoff/landing configurations, powered by an onboard generator and battery system that eliminates dependency on ground charging infrastructure. Horizon generates revenue through two streams: selling Cavorite X7 aircraft to civilian and military operators conducting missions such as medical evacuation, remote resupply, and disaster relief, and licensing its core technologies to third parties, with material revenue contingent on obtaining Type Certification.