Horizon Aircraft signs LOI for up to 100 eVTOLs with Australian operator
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Horizon Aircraft Secures LOI with V-Star Powered Lift Aviation for the Purchase of Up to 100 Hybrid eVTOLs for $600 Million
July 21, 2026 8:01 AM EDTV-Star's addition of Cavorite X7 hybrid-electric VTOLs to its fleet will deliver faster, more affordable emergency air response across Australia
FARNBOROUGH, GB / ACCESS Newswire / July 21, 2026 / New Horizon Aircraft Ltd. ("Horizon Aircraft" or the "Company") (NASDAQ: HOVR), an advanced aerospace company developing one of the first hybrid-electric Vertical Takeoff and Landing (VTOL) aircraft, today announced it has signed a Letter of Intent ("LOI") with V-Star Powered Lift Aviation Pty Ltd. ("V-Star"), an Australian-based aircraft operator specializing in advanced power-lift... More
