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Horizon Aircraft Completes Preliminary Design Review of Cavorite X7 Hybrid eVTOL

ACCESSWIRE•10/11/2026•08:00 ET
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Key Highlights

  • ➤Horizon Aircraft (HOVR) completes all platform and system Preliminary Design Reviews
  • ➤Cavorite X7 designs released for manufacturing as remaining PDR action items close
  • ➤Specialized aerospace panel says design can advance to detailed design after action-item closure
  • ➤Critical Design Review planned before Cavorite X7 final assembly begins

Expert Statements

Tom Brassington, Chief Technology Officer of Horizon Aircraft

“We approached PDR with certification in mind, not just first flight of our demonstrator aircraft.”

Tom Brassington, Chief Technology Officer of Horizon Aircraft

“This approach required more detailed engineering, and it generated action items we're now working through.”

Tom Brassington, Chief Technology Officer of Horizon Aircraft

“That extra effort is an investment in a shorter, smoother path to certification, and I am extremely proud of what our team has accomplished.”

TORONTO, ON / ACCESS Newswire / November 10, 2026 / New Horizon Aircraft Ltd. ("Horizon Aircraft" or the "Company") (NASDAQ:HOVR), a Canadian aerospace company developing one of the first hybrid-electric Vertical Take-off and Landing (VTOL) aircraft, today announced it has completed all platform and system Preliminary Design Reviews (PDRs) of its full-scale demonstrator aircraft, the Cavorite X7. The Company is releasing Cavorite X7 designs for manufacturing, while closing out the remaining action items from the PDRs. The completion of the PDR process represents a significant milestone that is overseen by a specialized panel of aerospace experts. They concluded that upon the closure of action items, Horizon Aircraft's design approach is mature enough to proceed to detailed design.

The Company conducted the PDR process with a level of depth and sophistication that goes beyond what many preliminary reviews require. This early investment in the Cavorite X7 certification platform has provided a strong foundation to work toward the next formal milestone, the Critical Design Review (CDR), which will occur before final assembly begins.

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