Horizon develops the Cavorite X7, a seven-seat hybrid-electric vertical takeoff and landing (eVTOL) aircraft designed for trips between 50 and 500 miles. The aircraft uses patented HOVR Wing technology, a fan-in-wing system where ducted electric fans are embedded inside the wings to provide vertical lift. Once the aircraft reaches flight speed, the wings close over the fans, allowing it to cruise like a conventional airplane at speeds exceeding 250 mph. Horizon is currently pre-revenue and is building a full-scale technical demonstrator following successful scale-prototype testing. The company is pursuing type certification from Canadian and U.S. aviation authorities and targets commercial deliveries before 2030. Horizon plans to sell these aircraft directly to commercial, military, and humanitarian operators. The company also intends to license its proprietary intellectual property, including its fan-in-wing design and flight control systems, to third parties. The Cavorite X7 employs a hybrid-electric architecture featuring an onboard combustion engine-driven generator, which enables operations in remote regions that lack dedicated charging infrastructure. Horizon's near-term strategy focuses on completing its technical demonstrator, securing regulatory approvals, and establishing a scaled manufacturing facility.