Horizon Aircraft Bolsters Cavorite X7 Development with Top Propulsion Expert
Horizon Aircraft (NASDAQ: HOVR) has appointed John Wyzykowski, former Head of Propulsion at Lilium, as Technical Expert to support the development of its Cavorite X7 hybrid-electric eVTOL aircraft. The appointment strengthens the company's engineering team with expertise in propulsion system design and optimization.
The Cavorite X7 is designed with an estimated gross weight of 5,500 lbs and a projected useful load of 1,500 lbs. The aircraft aims to achieve a maximum speed of 250 miles per hour and a range exceeding 500 miles with fuel reserves. It features a hybrid electric power system that can recharge its batteries during flight and in under 30 minutes post-landing.
The aircraft is being developed for applications including medical evacuation, critical supply delivery, disaster relief, military missions, and Regional Air Mobility. Notably, it's designed to fly 98% of its mission like a traditional aircraft, which the company believes will enhance safety and ease certification processes.
Horizon Aircraft (NASDAQ: HOVR) ha nominato John Wyzykowski, ex Responsabile della Propulsione presso Lilium, come Esperto Tecnico per supportare lo sviluppo del suo Cavorite X7, un aereo eVTOL ibrido-elettrico. Questa nomina rafforza il team ingegneristico dell'azienda con competenze nella progettazione e ottimizzazione dei sistemi di propulsione.
Il Cavorite X7 è progettato con un peso lordo stimato di 2.500 kg e un carico utile previsto di 680 kg. L'aereo mira a raggiungere una velocità massima di 402 km/h e un'autonomia superiore a 800 km con riserve di carburante. Presenta un sistema di alimentazione ibrido elettrico che può ricaricare le sue batterie durante il volo e in meno di 30 minuti dopo l'atterraggio.
L'aereo è in fase di sviluppo per applicazioni che includono evacuazione medica, consegna di forniture critiche, soccorso in caso di disastri, missioni militari e Mobilità Aerea Regionale. È interessante notare che è progettato per volare il 98% della sua missione come un aereo tradizionale, il che l'azienda ritiene aumenterà la sicurezza e faciliterà i processi di certificazione.
Horizon Aircraft (NASDAQ: HOVR) ha nombrado a John Wyzykowski, ex Jefe de Propulsión en Lilium, como Experto Técnico para apoyar el desarrollo de su Cavorite X7, un avión eVTOL híbrido-eléctrico. Esta designación refuerza el equipo de ingeniería de la empresa con experiencia en el diseño y optimización de sistemas de propulsión.
El Cavorite X7 está diseñado con un peso bruto estimado de 2.500 kg y una carga útil proyectada de 680 kg. El avión tiene como objetivo alcanzar una velocidad máxima de 402 km/h y un rango que supera los 800 km con reservas de combustible. Cuenta con un sistema de energía híbrido eléctrico que puede recargar sus baterías durante el vuelo y en menos de 30 minutos después del aterrizaje.
El avión se está desarrollando para aplicaciones que incluyen evacuación médica, entrega de suministros críticos, ayuda en desastres, misiones militares y Movilidad Aérea Regional. Notablemente, está diseñado para volar el 98% de su misión como un avión tradicional, lo que la empresa cree que mejorará la seguridad y facilitará los procesos de certificación.
호라이즌 항공(Horizon Aircraft) (NASDAQ: HOVR)는 리리움(Lilium)에서 이전에 추진 책임자였던 존 위지코프스키(John Wyzykowski)를 카보리트 X7(Cavorite X7) 하이브리드 전기 eVTOL 항공기의 개발을 지원하기 위한 기술 전문가로 임명했습니다. 이 임명은 추진 시스템 설계 및 최적화에 대한 전문 지식을 갖춘 회사의 엔지니어링 팀을 강화합니다.
카보리트 X7은 약 2,500kg의 추정 총 중량과 680kg의 예상 유용 하중으로 설계되었습니다. 이 항공기는 시속 402km의 최대 속도와 800km 이상의 비행 범위를 목표로 하고 있으며, 연료 잔량으로 비행할 수 있습니다. 비행 중 배터리를 재충전할 수 있는 하이브리드 전력 시스템이 특징이며, 착륙 후 30분 이내에 배터리를 재충전할 수 있습니다.
이 항공기는 의료 대피, 긴급 공급 배송, 재난 구호, 군사 작전 및 지역 항공 이동성을 포함한 다양한 용도로 개발되고 있습니다. 특히, 전통적인 항공기처럼 임무의 98%를 비행하도록 설계되어 있어, 회사는 이를 통해 안전성을 높이고 인증 프로세스를 용이하게 할 것이라고 믿고 있습니다.
Horizon Aircraft (NASDAQ: HOVR) a nommé John Wyzykowski, ancien Responsable de la Propulsion chez Lilium, en tant qu'Expert Technique pour soutenir le développement de son Cavorite X7, un aéronef eVTOL hybride-électrique. Cette nomination renforce l'équipe d'ingénierie de l'entreprise avec une expertise dans la conception et l'optimisation des systèmes de propulsion.
Le Cavorite X7 est conçu avec un poids brut estimé à 2.500 kg et une charge utile projetée de 680 kg. L'aéronef vise à atteindre une vitesse maximale de 402 km/h et une autonomie dépassant 800 km avec des réserves de carburant. Il dispose d'un système de propulsion hybride électrique capable de recharger ses batteries en vol et en moins de 30 minutes après l'atterrissage.
L'aéronef est en cours de développement pour des applications telles que l'évacuation médicale, la livraison de fournitures critiques, l'aide en cas de catastrophe, les missions militaires et la Mobilité Aérienne Régionale. Notamment, il est conçu pour voler 98% de sa mission comme un aéronef traditionnel, ce que l'entreprise considère comme un moyen d'améliorer la sécurité et de faciliter les processus de certification.
Horizon Aircraft (NASDAQ: HOVR) hat John Wyzykowski, den ehemaligen Leiter der Antriebe bei Lilium, zum technischen Experten ernannt, um die Entwicklung seines Cavorite X7 hybrid-elektrischen eVTOL-Flugzeugs zu unterstützen. Diese Ernennung stärkt das Ingenieurteam des Unternehmens mit Fachwissen im Design und der Optimierung von Antriebssystemen.
Der Cavorite X7 ist mit einem geschätzten Gesamtgewicht von 2.500 kg und einer prognostizierten Nutzlast von 680 kg konzipiert. Das Flugzeug strebt eine Höchstgeschwindigkeit von 402 km/h und eine Reichweite von über 800 km mit Treibstoffreserven an. Es verfügt über ein hybrides elektrisches Antriebssystem, das seine Batterien während des Fluges und in weniger als 30 Minuten nach der Landung aufladen kann.
Das Flugzeug wird für Anwendungen entwickelt, die medizinische Evakuierung, kritische Lieferungen, Katastrophenhilfe, militärische Einsätze und regionale Luftmobilität umfassen. Bemerkenswert ist, dass es so konzipiert ist, 98% seiner Mission wie ein herkömmliches Flugzeug zu fliegen, was das Unternehmen für die Verbesserung der Sicherheit und die Erleichterung der Zertifizierungsprozesse hält.
- Secured key technical expertise with the hiring of former Lilium Head of Propulsion
- Aircraft design features 500+ mile range and 250mph maximum speed capability
- Hybrid-electric system enables in-flight battery recharging
- Fast 30-minute ground recharging time between missions
- Multiple potential revenue streams across medical, military, and regional mobility sectors
- Product still in development phase with only 50%-scale testing ongoing
- Full-scale aircraft yet to be developed and tested
- Pending regulatory certifications and approvals
Insights
The strategic hiring of Lilium's former Head of Propulsion represents more than a routine personnel change - it's a calculated move that could accelerate Horizon Aircraft's technical development trajectory. The hybrid-electric propulsion system of the Cavorite X7 represents a pragmatic approach to the range limitations that plague pure electric eVTOLs, with the innovative in-flight battery recharging capability potentially solving the important "turnaround time" challenge that impacts operational economics.
The aircraft's design philosophy of operating 98% like a traditional aircraft presents two distinct advantages: First, it significantly simplifies the certification pathway by aligning more closely with existing regulatory frameworks, potentially reducing time-to-market compared to more radical eVTOL designs. Second, it addresses pilot training and operational integration challenges, as the flight characteristics closely match conventional aircraft.
The 50%-scale testing program currently underway demonstrates a methodical risk-reduction approach that could appeal to both regulators and investors. The specified performance envelope - 250 mph speed and 500-mile range - positions the Cavorite X7 uniquely in the Regional Air Mobility segment, differentiating it from shorter-range urban air mobility competitors.
Wyzykowski's expertise in thermal management and system redundancy from Lilium will be important for optimizing the hybrid propulsion system's reliability and performance. This knowledge transfer could potentially accelerate the development timeline and enhance the aircraft's market readiness, particularly in addressing the complex challenges of power density and thermal management in hybrid-electric systems.
John Wyzykowski joins from Lilium, bringing significant eVTOL technical experience
TORONTO, Feb. 12, 2025 (GLOBE NEWSWIRE) -- New Horizon Aircraft (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), an advanced aerospace engineering company and developer of the world’s first eVTOL (electric Vertical Take-Off and Landing) that can fly most of its mission exactly like a normal aircraft, today announces that John Wyzykowski has been appointed as a Technical Expert.
Horizon Aircraft today announced that John Wyzykowski has joined the company as a Technical Expert to support the development of its propulsion systems. John is the latest in a series of new hires as Horizon Aircraft continues to bolster its engineering team with people who have proven track records in the aerospace sector. John joins from Lilium, a leading eVTOL developer, where he held the position of Head of Propulsion. With decades of experience in advanced aerospace propulsion, John will play a key role in supporting the ongoing development and optimization of the Cavorite X7, Horizon’s revolutionary hybrid-electric eVTOL.
John is a recognized expert in propulsion system design, integration, and performance optimization for next-generation aerospace platforms. His extensive background includes work on gas turbine and fully electric propulsion architectures, with a deep understanding of the unique challenges associated with eVTOL applications, including power density, thermal management, and system redundancy. His insights will be instrumental as Horizon Aircraft continues its rigorous testing and refinement of the Cavorite X7’s propulsion system.
Tom Brassington CTO of Horizon Aircraft, commented, “John’s expertise in propulsion systems is second to none. His experience in both traditional and next-generation aerospace powerplants will help us push the boundaries of hybrid-electric flight. As we advance towards commercialization, his contributions will be invaluable in ensuring that the Cavorite X7 delivers the best possible combination of efficiency, performance, and reliability.”
John Wyzykowski added, “I am thrilled to be working with the Horizon Aircraft team. The Cavorite X7 is one of the most exciting eVTOL platforms in development today, offering a truly innovative hybrid-electric propulsion system that balances power, range, and operational flexibility. I look forward to contributing my expertise to help bring this groundbreaking Canadian aircraft to market.”
Horizon Aircraft’s unique Cavorite X7 aircraft will have a gross weight of an estimated 5,500 lbs with a projected useful load of 1,500 lbs. With an estimated maximum speed of 250 miles per hour and an average range of over 500 miles with fuel reserves, Horizon believes that this experimental aircraft, if eventually licensed for commercial use, would be well-positioned to excel in medical evacuation, critical supply delivery, disaster relief, and special military missions. The Company believes that the proposed aircraft would also be attractive for Regional Air Mobility – moving people and cargo 50 to 500 miles.
Unlike many in its category, the Cavorite X7 is being designed with a hybrid electric power system. The Company is designing the Cavorite X7 such that it could, after its vertical takeoff, re-charge its batteries enroute when it is flying in a configuration like a traditional aircraft. After a vertical landing and completion of a mission, the Company is designing the Cavorite X7 to recharge its battery array in under 30 minutes to be ready for its next mission.
Horizon believes that its innovative approach and technology will allow the Cavorite X7 to fly
About Horizon Aircraft
Horizon Aircraft (NASDAQ: HOVR) is an advanced aerospace engineering company that is developing one of the world’s first hybrid eVTOL that is to be able to fly most of its mission exactly like a normal aircraft while offering industry-leading speed, range, and operational utility. Horizon’s unique designs put the mission first and prioritize safety, performance, and utility. Horizon hopes to successfully complete testing and certification of its Cavorite X7 eVTOL quickly and then enter the market and service a broad spectrum of early use cases. Visit www.horizonaircraft.com for more information.
Forward-Looking Statements
The information in 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. 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,” “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 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 competes, including with respect to its competitive landscape, technology evolution or regulatory changes; (ii) the risk that Horizon will need to raise additional capital to execute its business plans, which may not be available on acceptable terms or at all; (iii) the ability of the parties to recognize the benefits of the business combination agreement and the business combination; (iv) the lack of useful financial information for an accurate estimate of future capital expenditures and future revenue; (v) statements regarding Horizon’s industry and market size; (vi) financial condition and performance of Horizon, including the anticipated benefits, the implied enterprise value, the expected financial impacts of the business combination, the financial condition, liquidity, results of operations, the products, the expected future performance and market opportunities of Horizon; (vii) Horizon’s ability to develop, certify, and manufacture an aircraft that meets its performance expectations; (viii) successful completion of testing and certification of Horizon’s Cavorite X7 eVTOL; (ix) the targeted future production of Horizon’s Cavorite X7 aircraft; and (x) those factors discussed in our filings with the SEC. You should carefully consider the foregoing factors and the other risks and uncertainties that will be described in the “Risk Factors” section of the Proxy Statement and other documents to be filed by New Horizon from time to time with the SEC. 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 Horizon may elect to update these forward-looking statements at some point in the future, they assume 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 does not give any assurance that Horizon will achieve its expectations.
Contacts
Horizon Aircraft Inquiries (PR):
Phil Anderson
Phone: +44 (0)7767 491 519
Phil@perceptiona.com
Investor Contacts:
Shannon Devine and Rory Rumore
MZ Group
Phone: (203) 741-8841
HorizonAircraft@mzgroup.us
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