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

USD -
AED 3.672503
AFN 64.498241
ALL 81.192085
AMD 377.80312
ANG 1.79008
AOA 916.999735
ARS 1404.417204
AUD 1.40074
AWG 1.8
AZN 1.699323
BAM 1.646054
BBD 2.018668
BDT 122.599785
BGN 1.67937
BHD 0.37702
BIF 2970.534519
BMD 1
BND 1.265307
BOB 6.925689
BRL 5.2004
BSD 1.00223
BTN 90.830132
BWP 13.131062
BYN 2.874696
BYR 19600
BZD 2.015696
CAD 1.356645
CDF 2224.999547
CHF 0.770315
CLF 0.021644
CLP 854.640599
CNY 6.91325
CNH 6.89828
COP 3673.05
CRC 495.722395
CUC 1
CUP 26.5
CVE 92.801205
CZK 20.421972
DJF 178.476144
DKK 6.28932
DOP 62.819558
DZD 129.572009
EGP 46.769733
ERN 15
ETB 155.585967
EUR 0.841825
FJD 2.18445
FKP 0.731875
GBP 0.733465
GEL 2.689768
GGP 0.731875
GHS 11.014278
GIP 0.731875
GMD 73.497235
GNF 8797.562638
GTQ 7.686513
GYD 209.681152
HKD 7.81607
HNL 26.485379
HRK 6.343397
HTG 131.354363
HUF 319.447003
IDR 16817.7
ILS 3.077095
IMP 0.731875
INR 90.69145
IQD 1312.932384
IRR 42125.000158
ISK 122.239603
JEP 0.731875
JMD 156.812577
JOD 0.708937
JPY 152.449496
KES 129.289569
KGS 87.450268
KHR 4038.176677
KMF 415.000138
KPW 899.999067
KRW 1442.63983
KWD 0.30687
KYD 0.835227
KZT 494.5042
LAK 21523.403145
LBP 89749.157335
LKR 310.020367
LRD 186.915337
LSL 15.915822
LTL 2.95274
LVL 0.60489
LYD 6.309703
MAD 9.134015
MDL 16.932406
MGA 4437.056831
MKD 51.893662
MMK 2099.913606
MNT 3568.190929
MOP 8.069569
MRU 39.799019
MUR 45.680154
MVR 15.459897
MWK 1737.88994
MXN 17.190515
MYR 3.909024
MZN 63.903065
NAD 15.916023
NGN 1353.629763
NIO 36.880244
NOK 9.469865
NPR 145.330825
NZD 1.65053
OMR 0.384503
PAB 1.002209
PEN 3.365049
PGK 4.301573
PHP 58.146503
PKR 281.28012
PLN 3.549275
PYG 6618.637221
QAR 3.654061
RON 4.285795
RSD 98.812981
RUB 77.101644
RWF 1463.258625
SAR 3.750347
SBD 8.048395
SCR 13.729436
SDG 601.50424
SEK 8.880615
SGD 1.26138
SHP 0.750259
SLE 24.249794
SLL 20969.499267
SOS 572.813655
SRD 37.776969
STD 20697.981008
STN 20.619945
SVC 8.769715
SYP 11059.574895
SZL 15.90934
THB 31.010013
TJS 9.410992
TMT 3.5
TND 2.881959
TOP 2.40776
TRY 43.636603
TTD 6.79695
TWD 31.3733
TZS 2590.154011
UAH 43.122365
UGX 3543.21928
UYU 38.428359
UZS 12348.557217
VES 388.253525
VND 25974
VUV 119.366255
WST 2.707053
XAF 552.07568
XAG 0.011919
XAU 0.000197
XCD 2.70255
XCG 1.806292
XDR 0.686599
XOF 552.073357
XPF 100.374109
YER 238.394394
ZAR 15.8609
ZMK 9001.195202
ZMW 19.067978
ZWL 321.999592
  • RBGPF

    0.1000

    82.5

    +0.12%

  • CMSC

    0.0084

    23.7

    +0.04%

  • NGG

    1.8800

    90.64

    +2.07%

  • BTI

    0.1400

    60.33

    +0.23%

  • GSK

    -0.3300

    58.49

    -0.56%

  • CMSD

    -0.0100

    24.07

    -0.04%

  • RELX

    -1.5600

    27.73

    -5.63%

  • AZN

    11.3600

    204.76

    +5.55%

  • BCE

    -0.1800

    25.65

    -0.7%

  • BP

    1.5800

    38.55

    +4.1%

  • BCC

    -0.3200

    89.41

    -0.36%

  • JRI

    0.3500

    13.13

    +2.67%

  • RYCEF

    -0.4800

    16.93

    -2.84%

  • RIO

    2.2800

    99.52

    +2.29%

  • VOD

    0.4300

    15.68

    +2.74%

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