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

USD -
AED 3.672496
AFN 63.477673
ALL 81.580486
AMD 372.379997
ANG 1.789884
AOA 918.000222
ARS 1378.523534
AUD 1.397556
AWG 1.8
AZN 1.721425
BAM 1.665113
BBD 2.01512
BDT 122.759818
BGN 1.668102
BHD 0.377085
BIF 2975.105995
BMD 1
BND 1.273476
BOB 6.913109
BRL 4.98765
BSD 1.000451
BTN 93.790972
BWP 13.451617
BYN 2.814964
BYR 19600
BZD 2.012209
CAD 1.36715
CDF 2310.999977
CHF 0.78499
CLF 0.022619
CLP 890.229868
CNY 6.824797
CNH 6.83009
COP 3574.73
CRC 455.822507
CUC 1
CUP 26.5
CVE 94.417591
CZK 20.801202
DJF 177.720086
DKK 6.38468
DOP 59.649604
DZD 132.50904
EGP 52.017199
ERN 15
ETB 157.249929
EUR 0.854399
FJD 2.217899
FKP 0.740159
GBP 0.740835
GEL 2.689926
GGP 0.740159
GHS 11.08012
GIP 0.740159
GMD 73.000092
GNF 8777.497004
GTQ 7.646989
GYD 209.3344
HKD 7.831988
HNL 26.629656
HRK 6.434797
HTG 130.965962
HUF 311.692501
IDR 17220.25
ILS 2.99945
IMP 0.740159
INR 93.80085
IQD 1310
IRR 1319499.999883
ISK 122.840287
JEP 0.740159
JMD 158.492044
JOD 0.70898
JPY 159.530499
KES 129.110329
KGS 87.427399
KHR 4012.502706
KMF 421.000034
KPW 899.990254
KRW 1479.149739
KWD 0.30832
KYD 0.833745
KZT 463.595498
LAK 21925.00016
LBP 89550.000236
LKR 317.917894
LRD 184.249738
LSL 16.469945
LTL 2.95274
LVL 0.60489
LYD 6.340004
MAD 9.238104
MDL 17.138041
MGA 4136.999549
MKD 52.654281
MMK 2099.66818
MNT 3578.517246
MOP 8.0708
MRU 40.02024
MUR 46.520038
MVR 15.45029
MWK 1735.999918
MXN 17.351501
MYR 3.958997
MZN 63.909724
NAD 16.470141
NGN 1347.759964
NIO 36.729997
NOK 9.305103
NPR 150.065555
NZD 1.693785
OMR 0.384454
PAB 1.000528
PEN 3.43875
PGK 4.352502
PHP 60.165027
PKR 278.92503
PLN 3.62639
PYG 6293.366934
QAR 3.645012
RON 4.349096
RSD 100.261023
RUB 75.114468
RWF 1460
SAR 3.750566
SBD 8.048395
SCR 13.72111
SDG 600.499537
SEK 9.212535
SGD 1.275885
SHP 0.746601
SLE 24.65059
SLL 20969.496166
SOS 571.501063
SRD 37.457941
STD 20697.981008
STN 21.15
SVC 8.754693
SYP 110.631499
SZL 16.470393
THB 32.269385
TJS 9.419537
TMT 3.505
TND 2.874503
TOP 2.40776
TRY 44.925801
TTD 6.78285
TWD 31.481798
TZS 2605.000117
UAH 43.897001
UGX 3706.888478
UYU 39.776259
UZS 12069.99973
VES 482.15515
VND 26322.5
VUV 117.946979
WST 2.711482
XAF 558.460897
XAG 0.01297
XAU 0.000212
XCD 2.70255
XCG 1.803113
XDR 0.694162
XOF 556.503637
XPF 102.05017
YER 238.649662
ZAR 16.48781
ZMK 9001.200237
ZMW 19.034038
ZWL 321.999592
  • RBGPF

    -13.5000

    69

    -19.57%

  • CMSD

    0.0900

    23.13

    +0.39%

  • CMSC

    0.1700

    22.83

    +0.74%

  • RYCEF

    -1.3100

    15.85

    -8.26%

  • NGG

    1.3300

    85.6

    +1.55%

  • AZN

    -0.9700

    194.81

    -0.5%

  • GSK

    -0.4200

    55.7

    -0.75%

  • RIO

    2.5600

    100.28

    +2.55%

  • BCE

    -0.1700

    23.73

    -0.72%

  • RELX

    -0.8000

    36.27

    -2.21%

  • BTI

    1.3400

    56.17

    +2.39%

  • BCC

    -0.2100

    82.24

    -0.26%

  • JRI

    -0.0500

    13

    -0.38%

  • BP

    0.4600

    46.37

    +0.99%

  • VOD

    0.1200

    15.31

    +0.78%

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