The Fort Worth Press - Horizon Aircraft Partners with Motion Applied to Advance Hybrid eVTOL's Power System

USD -
AED 3.672502
AFN 66.374624
ALL 82.891062
AMD 382.105484
ANG 1.790055
AOA 916.999807
ARS 1445.826396
AUD 1.509662
AWG 1.80125
AZN 1.695795
BAM 1.678236
BBD 2.018646
BDT 122.628476
BGN 1.677703
BHD 0.377014
BIF 2961.256275
BMD 1
BND 1.297979
BOB 6.925579
BRL 5.310804
BSD 1.002244
BTN 90.032049
BWP 13.315657
BYN 2.90153
BYR 19600
BZD 2.015729
CAD 1.394875
CDF 2230.000049
CHF 0.80302
CLF 0.023394
CLP 917.730085
CNY 7.07165
CNH 7.067097
COP 3796.99
CRC 491.421364
CUC 1
CUP 26.5
CVE 94.616395
CZK 20.76375
DJF 178.481789
DKK 6.40673
DOP 63.686561
DZD 129.897998
EGP 47.520501
ERN 15
ETB 156.280403
EUR 0.857898
FJD 2.261501
FKP 0.750125
GBP 0.749325
GEL 2.700162
GGP 0.750125
GHS 11.416779
GIP 0.750125
GMD 73.000063
GNF 8709.00892
GTQ 7.677291
GYD 209.68946
HKD 7.78475
HNL 26.389336
HRK 6.462901
HTG 131.282447
HUF 328.445496
IDR 16651.7
ILS 3.235525
IMP 0.750125
INR 89.888095
IQD 1312.956662
IRR 42124.999835
ISK 127.820348
JEP 0.750125
JMD 160.623651
JOD 0.708969
JPY 154.622993
KES 129.250164
KGS 87.45021
KHR 4014.227424
KMF 422.000349
KPW 899.992858
KRW 1470.020022
KWD 0.306802
KYD 0.83526
KZT 506.587952
LAK 21742.171042
LBP 89752.828464
LKR 309.374155
LRD 176.902912
LSL 17.013777
LTL 2.95274
LVL 0.60489
LYD 5.447985
MAD 9.247548
MDL 17.048443
MGA 4457.716053
MKD 52.892165
MMK 2099.902882
MNT 3550.784265
MOP 8.035628
MRU 39.710999
MUR 46.070267
MVR 15.409735
MWK 1737.95151
MXN 18.2142
MYR 4.114026
MZN 63.897023
NAD 17.013777
NGN 1450.250279
NIO 36.881624
NOK 10.095799
NPR 144.049872
NZD 1.732802
OMR 0.384503
PAB 1.002325
PEN 3.37046
PGK 4.251065
PHP 58.991026
PKR 283.139992
PLN 3.631841
PYG 6950.492756
QAR 3.663323
RON 4.367199
RSD 100.707975
RUB 76.00652
RWF 1458.303837
SAR 3.753008
SBD 8.223823
SCR 14.340982
SDG 601.504905
SEK 9.41351
SGD 1.29484
SHP 0.750259
SLE 22.999887
SLL 20969.498139
SOS 571.823287
SRD 38.643498
STD 20697.981008
STN 21.023817
SVC 8.769634
SYP 11056.894377
SZL 17.008825
THB 31.89005
TJS 9.210862
TMT 3.5
TND 2.941946
TOP 2.40776
TRY 42.517902
TTD 6.795179
TWD 31.297984
TZS 2449.999928
UAH 42.259148
UGX 3553.316915
UYU 39.265994
UZS 11939.350775
VES 248.585902
VND 26365
VUV 122.113889
WST 2.800321
XAF 562.862377
XAG 0.017154
XAU 0.000237
XCD 2.70255
XCG 1.806356
XDR 0.70002
XOF 562.867207
XPF 102.334841
YER 238.414547
ZAR 16.960985
ZMK 9001.19956
ZMW 23.026725
ZWL 321.999592
  • BCC

    -2.3000

    74.26

    -3.1%

  • RBGPF

    0.0000

    78.35

    0%

  • NGG

    -0.5800

    75.91

    -0.76%

  • CMSD

    -0.0300

    23.32

    -0.13%

  • CMSC

    0.0400

    23.48

    +0.17%

  • SCS

    -0.1200

    16.23

    -0.74%

  • RYCEF

    0.4600

    14.67

    +3.14%

  • GSK

    -0.4000

    48.57

    -0.82%

  • RIO

    -0.5500

    73.73

    -0.75%

  • BCE

    0.0400

    23.22

    +0.17%

  • JRI

    0.0500

    13.75

    +0.36%

  • VOD

    0.0500

    12.64

    +0.4%

  • RELX

    0.3500

    40.54

    +0.86%

  • BP

    -0.0100

    37.23

    -0.03%

  • BTI

    0.5300

    58.04

    +0.91%

  • AZN

    -0.8200

    90.03

    -0.91%

Horizon Aircraft Partners with Motion Applied to Advance Hybrid eVTOL's Power System
Horizon Aircraft Partners with Motion Applied to Advance Hybrid eVTOL's Power System

Horizon Aircraft Partners with Motion Applied to Advance Hybrid eVTOL's Power System

Formula 1 and electric vehicle equipment expert, Motion Applied, chosen to develop the Cavorite X7's motor drive inverter and to be a key partner through the aircraft's certification process

Text size:

TORONTO, ONTARIO / ACCESS Newswire / December 4, 2025 / New Horizon Aircraft Ltd. (NASDAQ:HOVR), doing business as Horizon Aircraft ("Horizon Aircraft" or the "Company"), an advanced aerospace engineering company and developer of one of the world's first hybrid-electric VTOL (Vertical Take-Off and Landing) aircraft, announces it has partnered with Motion Applied, the former high-performance technology arm of Formula 1's legendary McLaren Group. Motion Applied will design and manufacture a customized motor drive inverter for the Company's hybrid-electric VTOL, the Cavorite X7, enabling higher power efficiency and reduced weight for the aircraft's vertical lift system. Motion Applied's world-renowned pedigree and capacity for on-site design, manufacturing, and testing will support Horizon Aircraft as it progresses toward building its full-scale prototype and advancing its aircraft certification program.

"How do we ensure our vertical lift system meets our high-performance standards? By partnering with the team that has powered championship-leading race cars for more than 30 years," said Horizon Aircraft's Chief Technology Officer, Tom Brassington. "We considered many companies for this partnership, but ultimately it is Motion Applied's innovation, deep expertise, and ability to rapidly design, manufacture, and test in-house that provides a great advantage."

In July 2025, McLaren Applied became Motion Applied, having previously spun out of McLaren Group in 2021. Launching as an independent Tier One technology provider, Motion Applied is committed to setting new standards in precision, reliability, and innovation in a variety of new industries with a key focus on electrification, motorsport and connectivity.

Motion Applied offers a suite of products that support the development of electric vehicles and aircraft. The Cavorite X7 will feature a custom air-cooled silicon carbide motor drive inverter (converts DC from on-board batteries into AC to power electric motors), based on Motion Applied's MCU-X platform. This advanced system will weigh less than 3kg, and leverages silicon carbide technology alongside Motion Applied's decades of power electronics experience to deliver faster, more efficient power transfer with reduced cooling requirements - all in a compact footprint. The result: significant gains in aircraft efficiency, power density, and range. For a hybrid-electric VTOL such as the Cavorite X7, these are crucial to the aircraft's overall performance.

Samir Maha, Chief Executive Officer of Motion Applied said, "We're proud to partner with Horizon Aircraft on its groundbreaking Cavorite X7 aircraft. The Company's innovative approach to the VTOL challenge reflects a design philosophy and engineering mindset that resonates deeply with Motion Applied. We're excited by the opportunity this collaboration presents to advance our inverter technology to new heights in support of Horizon Aircraft's ambitious objectives."

For more information about Horizon Aircraft, please see the Company's website or watch its innovative technology in action on the Company's YouTube channel.

About Horizon Aircraft

Horizon Aircraft (NASDAQ: HOVR) is an advanced aerospace engineering company that is developing one of the world's first hybrid eVTOL designed to fly most of its mission exactly like a normal aircraft while offering industry-leading speed, range, and operational utility. Horizon Aircraft's unique designs put the mission first and prioritize safety, performance, and utility. Horizon Aircraft intends to successfully complete testing and certification of its Cavorite X7 eVTOL and then scale unit production to meet expected demand from regional operators, emergency service providers, and military customers.

For further information, visit:

Website www.horizonaircraft.com
LinkedIn https://www.linkedin.com/company/horizon-aircraft-inc

About Motion Applied

Motion Applied is a UK-based technology company dedicated to delivering high-performance technology focused on precision, reliability, and innovation. Its AMPEX brand offers leading onboard and offboard electrification products, including a range of AC and DC electric vehicle charging equipment, and the AMPEX family of SiC inverters, a next-generation Silicon Carbide platform that delivers outstanding efficiency, power density, and flexibility for automotive, motorsport, aerospace, and marine applications.

For further information, visit:

Website www.motionapplied.com
LinkedIn https://www.linkedin.com/company/motionapplied

For further information, contact:

Investors:
Matt Chesler, CFA
FNK IR LLC
(646) 809-2183
[email protected]

Media:
Edwina Frawley-Gangahar
EFG Media Relations
+44 7580 174672
[email protected]

Motion Applied:
Joseph Butcher
Marketing Lead
[email protected]

Forward-Looking Statements

This press release contains certain "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities laws (collectively, "forward-looking statements"). These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "aim," "future," "opportunity," "plan," "may," "should," "will," "would," "target," "will be," "will continue," "will likely result" and similar expressions, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements herein include, but are not limited to, statements relating to the targeted readiness of the full-scale hybrid Cavorite X7 eVTOL prototype for initial testing, development priorities and technical milestones; funding and liquidity sufficiency and runway; certification and testing plans; and potential production, partnership, supply chain and market opportunities.

Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) changes in the markets in which Horizon Aircraft competes, including with respect to its competitive landscape, technology evolution or regulatory changes; (ii) the risk that Horizon Aircraft will need to raise additional capital to execute its business plans, which may not be available on acceptable terms or at all; (iii) the lack of useful financial information for an accurate estimate of future capital expenditures and future revenue; (iv) statements regarding Horizon Aircraft's industry and market size; (v) financial condition and performance of Horizon Aircraft, including the condition, liquidity, results of operations, the products, the expected future performance and market opportunities of Horizon Aircraft; (vi) Horizon Aircraft's ability to develop, certify, and manufacture an aircraft that meets its performance expectations; (vii) successful completion of testing and certification of Horizon Aircraft's Cavorite X7 eVTOL; (viii) the targeted future production of Horizon Aircraft's Cavorite X7 aircraft; and (ix) other factors detailed by us in the Company's public filings with the Securities and Exchange Commission ("SEC") and under the Company's profile on sedarplus.ca, including the disclosures under the heading "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended May 31, 2025, filed with the SEC and filed under the Company's profile on sedarplus.ca on August 22, 2025. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made.

Readers are cautioned not to put undue reliance on forward-looking statements, and while the Company may elect to update these forward-looking statements at some point in the future, it assumes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise, unless required by applicable law. Horizon Aircraft does not give any assurance that Horizon Aircraft will achieve its expectations.

SOURCE: Horizon Aircraft



View the original press release on ACCESS Newswire

C.M.Harper--TFWP