Global investors are optimistic about the increasing public trust in electric Vertical Takeoff and Landing (eVTOL) aircraft, particularly as the industry commits to employing qualified pilots for operations, according to new international research from New Horizon Aircraft Ltd., also known as Horizon Aircraft.

New research shows growing support for the development of air taxi services in Canada to help the country seize opportunities to create jobs and boost revenue, while also helping the environment.

Horizon Aircraft, an innovator in hybrid electric Vertical Take-off and Landing (eVTOL) aerial vehicles, has announced that it has successfully completed initial transition flight testing of its ‘Cavorite X5’ 50% scale eVTOL prototype in the world class ACE Climatic Wind Tunnel.

Horizon Aircraft has announced that it has successfully completed initial hover testing of its “Cavorite X5” scale prototype.

In 2021 there were approximately 6,850 eVTOL orders (firm orders, options and letters of intent) worth around $26.1 billion (1), but new research (2) from Horizon Aircraft, an innovative specialist in hybrid electric Vertical Take-off and Landing (VTOL) aerial vehicles, reveals that by 2025, 66% of venture capital and private equity professionals expect the industry’s order book to be over 8,000 for the year.  One in six (16%) believe ...