Horizon Aircraft partners with MHIRJ for Cavorite X7 development
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Horizon Aircraft and MHIRJ Join Forces to Advance Regional Air Mobility
April 8, 2026 8:01 AM EDTPromising collaboration with MHI RJ Aviation Group (MHIRJ) will advance the development of the Cavorite X7 through specialist engineering services and deep regional aviation expertise
TORONTO, ON / ACCESS Newswire / April 8, 2026 / New Horizon Aircraft Ltd. ("Horizon Aircraft" or the "Company") (NASDAQ: HOVR) announces its agreement with MHI RJ Aviation Group (MHIRJ), a subsidiary of Mitsubishi Heavy Industries Ltd. This collaboration aims to support the ongoing development of Horizon Aircraft's hybrid-electric VTOL (Vertical Take-Off and Landing) aircraft, the Cavorite X7.
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