
New Horizon Aircraft
Building the leading hybrid-electric, all-weather eVTOL.
Date | Investors | Amount | Round |
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investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
* | CAD450k | Grant | |
Total Funding | 000k |
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Horizon Aircraft is a custom aerospace engineering company focused on developing the first practical hybrid electric aircraft in North America. The company's flagship product, the X3, combines an advanced electric motor with a high-efficiency gas engine to provide a cleaner and more environmentally friendly aviation solution. The X3 is designed with system redundancy and safety in mind, featuring 700 horsepower, a top speed of 200 mph, and a range of 800 nautical miles. The aircraft can accommodate up to five passengers and boasts a useful load of 1,000 lbs. Horizon Aircraft serves clients in the aerospace and aviation sectors, targeting both commercial and private markets. The business model revolves around the development, manufacturing, and sale of hybrid electric aircraft, with additional revenue streams from potential future services and maintenance. The company is currently in the prototype development stage and is seeking investment through a Series A funding round to bring its innovative aircraft to market.
Keywords: hybrid electric aircraft, aerospace engineering, X3, environmentally friendly, system redundancy, safety, high efficiency, commercial aviation, private aviation, Series A funding.