For the investors and HOVR fans who cannot wait for what's to come, hear the sounds from a first fire of a PT6A engine. The Cavorite X7 will have this engine in a pusher prop (rear) configuration and well away from the cabin area and pilot.
Here's a taste of things to come.... https://www.facebook.com/reel/1045525501509624
Enjoy!
It'll be the first continent globally that will show what the X7 can do in disrupting and making regional air mobility a reality.
100 X7 when the deal is completed. Wow! That's more than enough to establish some routine routes and plenty of X7's for critical and urgent needs. The Australian population will embrace it fully.
I do hope Canada does something of similar scale. It would be well worth the trip north of the border for the X7 experience. Sign me up when it's available! There are so many scenic regions that are not accessible and a 3k-4k feet flight through them will be a transformative ride on the future of flight.
That brings up a totally new perspective. What is the X7 going to be like from the eyes of the pilot and passenger. No helicopter blades chopping. No rotary blades whirring. Amusement ride beginning and ending. Pure fun from start to end. When the press gets this experience, the coverage of X7 will be constant and off the charts. Every take off and landing will be a must see and hear. Everyone smiling and raving about the ride. It could very easily become a very addictive form of getting around the region. I am already hooked in my mind and can't wait for the real X7 day to happen.
Last month I did a post of 25 items to look for...
✅Farnborough Air Show 2026 (2nd largest show in the world ) successes and surprises
✅Completed airport runway surfacing (everything is black and fresh!)
✅First contracts/orders
The surprise was the order for 5 Cavorite X7 with an option for 95 more to VStar. A $600 million deal when complete. This was not expected until way further down the list, perhaps after the Paris Airshow in 2027 (I'm hoping that they will be there as a follow up to Farnborough)
22 to go!
The next 5 are:
Original Post: https://www.reddit.com/r/HOVRSTONK/comments/1uz0g4h/july_15_2027_vibes_swami_sez/
Here's an updated market report:
EVTL is ahead of HOVR by 43 million in market cap. Pretty soon this order will be updated to be in 2nd place. The biggest mover is BETA which is now 850 million ahead of Archer. Archer briefly popped over $5 share price and has fallen back to $4.64 and half the valuation of the market leader JOBY.
Next 2 months forecast: BETA continues to run back to its IPO price. Overtakes JOBY in market valuation. Next 2-3 months can be huge with potential type certification news, which will lift the entire eVTOL market. HOVR keeps checking off the engineering CAN-do milestones. The drip feed begins as things start coming together. The run to $1B valuation begins or $15.
Short position still back over 3million shares. It could be much higher now due to the run up on the LOI (5purchase, 95 option).
In summary, a lot can be changing -- market leaders get closer to type certification. HOVR being in 4th place on this market valuation list is doable. Keep checking off the engineering milestones and they GOT this.
| 2026-07-31 Market Summary: (ordered by mkt cap) |
|---|
| HOVR: $ 1.72 ___ 114.90M Market Cap |
| EVTL: $ 1.24 ___ 157.90M ($-0.48 lower, 1.4x or $2.36) |
| EVEX: $ 2.32 ___ 808.10M ($+0.60 higher, 7.0x or $12.08) |
| BETA: $ 18.93 ___ 4.37B ($+17.21 higher, 38.0x or $65.33) |
| ACHR: $ 4.64 ___ 3.52B ($+2.92 higher, 30.7x or $52.72) |
| JOBY: $ 7.15 ___ 7.03B ($+5.43 higher, 61.2x or $105.19) |
| Total eVTOL Market Capitalization: 16.01B |
Here's what he had to say about Horizon Aircraft on LinkedIn:
It was a pleasure to be back at Farnborough with the Horizon Aircraft team, unveiling the scale model of the Cavorite X7, while the full-scale aircraft continues its development in Canada. Alongside it, we also shared a first teaser of the future commercial cabin, offering a glimpse into the passenger experience we’re shaping.
It was great connecting with the Horizon Aircraft management team, meeting potential partners and customers, and catching up with friends and former colleagues from across the aviation industry.
One of the most inspiring aspects of Farnborough is seeing operational aircraft, emerging air mobility innovations, and the future of aviation and defense come together in one place. It is always a reminder of how quickly our industry is evolving.
I’m especially grateful for the positive feedback received on the latest design evolution of the Cavorite X7. Seeing a design progress from sketches to a full-scale aircraft is a rewarding journey, made possible by the trust and collaboration of an exceptional team.
A sincere thank you to Horizon Aircraft for trusting the design process and giving me the opportunity to contribute to this exciting program.
Looking forward to the next milestones.
Remember when I did a post to see how many Cavorite X7's could minimally cover the close to 10 million square kilometer region of Canada? Each circle is a radius of 400 miles (80% of the max range with payload). (note: the tech specs say that X7 could fly up to 900 miles with no payload )
Doing the same for Australia (at 7.7 million square km). (overlaid the US for comparable size in an apples to apples comparison). We get 10 X7's minimally needed to cover Australia.
The LOI for 5 firm deposit and 95 additional aircraft deal is for 100 hybrid heli-aircraft.
This is a 10x ratio (total in order / minimum required or 100 / 10 = 10).
It is a market disruptive order. To do the same for all of Canada, Canada would need 140 X7's operating to have a comparable market disruption.
With the 2025 Fiscal Year closed, HOVR is officially off to an amazing 12 months ahead.
Here are the signposts on this journey to look out for:
Remind me in 1 year to revisit this post and see how many have been checked off! Would you have any other signposts to add?
It is a MASSIVE year ahead and quite frankly, HOVR got this ! HOVR CAN-do!!
The 2nd largest show in the world. HOVR is excited. I am super pumped!!
Saw this over at poweredlift forum. New charging infrastructure and limited range for the evtol vehicle are emerging as sticky points for the first generation eVTOL's.
HOVR's X7 is clearly a step ahead of the industry at the moment.
One of HOVR's partners (aka wingmen) ( Motion Applied ) is producing an inverter for the hybrid-electric Cavorite X7.
Here's what they had to say a month ago: https://motionapplied.com/news/the-role-of-inverter-technology-in-aerospace-electrification
Click on link for full article --- I bolded key some areas for emphasis below:
Aerospace electrification is moving fast. This shift, driven by growing pressure to reduce emissions, improve efficiency, and lower operating costs, explains why the industry is actively exploring more hybrid and fully electric aircraft architectures. From regional aircraft with experimental hybrid propulsion systems and the explosion of new eVTOL solutions into the market , electrical power is progressively central to how aircraft are designed and operated.
At Motion Applied, our work in aerospace electrification is inspired by this reality. Through the AMPEX family of silicon carbide inverters, we focus on delivering production ready power electronics that operate at the heart of complex propulsion systems. This system‑first approach underpins our collaborations with both Horizon and Odys, where inverter technology is a central enabler for their flight architectures.
HOVR's got this. HOVR CAN-do!!
BETA has two variants (CTOL and VTOL). I feel they will be the first to get type certified. Their charging system is potentially becoming the 'standard'. A great video to see where HOVR will be in 1-3 years. Envision Cavorite X7 with the vertical rotors gone and a much streamlined aircraft body (more aircraft like). Beta's going to lead the way for HOVR.
Enjoy the video! Recognizing and appreciating what our eVTOL peers are doing is a good thing!
Source: www.sidoti.com/events/
Presentation to be done by: Brian Merker, CFO, Horizon Aircraft
Wed, May 20 at 1:00-1:30 PM in Track 2
Horizon Aircraft (NASDAQ:HOVR) is an advanced aerospace company that is developing one of the world's first hybrid-electric VTOL (Vertical Take-Off and Landing) aircraft designed to fly most of its mission in traditional wing-borne flight, offering industry-leading speed, range, and operational utility. Horizon Aircraft's unique designs put the mission first and prioritize safety and performance. Upon successful completion of testing and certification of its full-scale aircraft, Horizon Aircraft intends to scale unit production to meet expected demand from regional aircraft operators, emergency service providers, and military customers.
Differentiated hybrid-electric VTOL — not battery-bound. ~3–5x the range and ~2x the speed of all-electric competitors, with no charging infrastructure required.
Targets regional missions all-electrics structurally can't serve, at turboprop-competitive economics. Dual-use optionality.
The hybrid powertrain and range envelope are directly relevant to contested logistics, ISR, and MEDEVAC — opening a defense/government revenue path alongside the commercial AAM market.
Near-term catalyst at a microcap entry. 50%-scale prototype successfully flown; full-scale aircraft in build with ground/flight testing approaching. Disciplined balance sheet, active shelf, and non-dilutive funding pipeline — rare combination of imminent milestone and capital discipline in the AAM peer set.
Well worth the read and adds some interesting possibilities for the Cavorite X7 such as using the highway in the sky realm with the IFR (instrument flight rules) within 5-10k feet in elevation.
Enjoy!
https://aerospaceglobalnews.com/news/horizon-aircraft-cavorite-x7-vtol-icing-evtol-limitations/
More cash to accelerate the build.
More stock liquidity means more fluid buy and sell trades and re-awakened institutional interest. A price floor has been established. Things are looking up!
The build is happening. This congratulatory message from a Horizon Aircraft partner RAMPF has me all excited and you should be too! "the leading edge tech being deployed" Lights out stuff. Share price acceleration and lift off to begin soon.
Joby's NYC visit is a master class for market and public attention (including ringing the bell at NASDAQ the following day).
HOVR would benefit from doing something similar at an appropriate time... aka a trip from Manhattan to a vertiport or hospital nearby 100 miles away in less than 35 minutes to advocate the regional advanced air mobility opportunities for critical missions.
Both JOBY/ACHR/BETA and HOVR can all co-exist. It's a win-win for everyone in this industry.
Joby Aviation is all over the news for their brief JFK flight to Manhattan in 7 minutes (a 48 minute drive). This is a huge positive for the industry and only furthers more interest in similar aircraft to shorten short hops and save time. NYC is a busy hub of La Guardia, JFK, and Newark airports.
This article jumped out for a mix of reasons:
https://spectrum.ieee.org/evtol-joby-jon-wagner-motors
I'm not going to copy and paste the article here. Jon Wagner is a guy who spent 5 years at Tesla before joining JOBY. The article takes a stab at looking at differences between EV motors (cars) and eVTOL's.
How do eVTOL motors differ from car motors? (more emphasis on redundancy in eVTOL motors)
Is redundancy designed into EV motors? (short answer, no)
Count 'em all -- JOBY has 6 tilting rotary propellers. There's redundancy in quantity of propellers to keep the vehicle in flight. No idea how much redundancy is there to power the tilt rotors.
HOVR's CAV X7 -- 12 fan in wings, each with dual motors (redundancy in fan quantity and motors). Fan blades are protected by a grid of sorts to keep it from stuff from touching the blades). HOVR has the advantage in redundancy here.
How does Joby’s eVTOL manufacturing compare to EV manufacturing? (Auto industry influence here, where you break things up for different highly qualified suppliers to do the job. Wagner circles back to an integrated solution. It's still vague to me what that really means.)
Auto industry approach appears to be taking shape within JOBY. JOBY requires an all electric powertrain. Within HOVR - they're leaning on existing aircraft industry practices and using the familiar powertrain of a Pratt & Whitney PT6A.
Will electric aircraft catch on like ground EVs? (Wagner concludes "power-train development has to come with a very healthy dose of patience. Developing a whole new type of power-train is a big endeavor, but it’s one that I’m very confident the aviation industry will undertake." What was not being mentioned is battery technologies for aviation which is also a big endeavor.
HOVR's X7 has de-risked the questions of powertrain with the PT6A providing forward propulsion. It is separate from vertical propulsion (fan in wings, electric powered). The PT6A is being complemented by tech accessories to enable to re-charge on aircraft batteries (a fraction of the weight needed for a fully electric eVTOL) or an external source (base camp).
98% of HOVR's X7 is a conventional aircraft with key components de-risked, and being built by aerospace experts within an aerospace environment.
For JOBY, every flight demonstration count towards a de-risking moment. Showing that it works and does what it should be every time. Before even seeing a complete CAV X7, you know that on day 1, it will be capable of flying conventionally. It's the HOVR aka hover part to take off and land vertically that is novel and unique. 12 fans, with dual motors -- it's more than redundant enough to hover. As they have carefully done with the 50% prototype, they will get to know the hovering inside and out before attempting the most boring transition ever like they did a year ago in May 2025.
It will fly, and show that it can successfully hover, and finally hover+transition+fly+transition+hover+land. Exciting days are ahead in 2027!
They CAN-do!
This news did not exactly make the front pages but the more I read into what MDS Aero is doing, they are top notch in what they do.
MDS Aero is building the test rigs to evaluate the engines of the Horizon Aircraft X7 aircraft (PT6A most likely, who knows if the within wing fans will also be tested too even though it's not 'gas').
The news background (from linkedin)
(April 22) Today we are excited to welcome the team from Horizon Aircraft to our Ottawa office as we begin an exciting new chapter together, helping shape the future of flight through next-generation eVTOL technology.
Our partnership brings together two Ontario-based aerospace innovators, combining Horizon’s forward-thinking aircraft development with MDS’s expertise in high-performance test systems. This collaboration demonstrates the capability of Canadian companies to deliver globally competitive aerospace solutions.
Horizon Aircraft is pushing the boundaries of advanced air mobility with a hybrid-electric eVTOL platform designed for real-world performance. Its innovative fan-in-wing system enables operations from spaces as small as a tennis court, before transitioning to conventional wing-borne flight for superior speed and range.
MDS is excited to support this project with advanced testing solutions and purpose-built test rig infrastructure. We are proud to support fellow Canadian companies and help advance the future of safe, efficient, and sustainable flight.
website: https://mdsaero.com/company/
Now, what does that really mean?
Whether taking you on vacation, shipping cargo across the ocean, or at the end of a 1,000 km gas pipeline, gas turbine engines must be reliable and safe.
We provide our clients with the capability to HARNESS THE POWER of these engines and test them in an environment that mimics their real-world application.
https://mdsaero.com/test-solutions-2/
The website illustrates some commercial size engines they have worked with. It is massive in scale to what we're doing with a PT6A engine. MDS is more than qualified to check off all the boxes here. Even though the PT6A engine has a well documented history, what Horizon Aircraft is doing with it means they need an ultra VIP treatment to thoroughly check it out for hybrid use cases. This means learning a bit more about the electrical power generation to recharge the batteries in flight, on ground, etc.
I presume they will get to know EVERYTHING about power, thrust, and all that to define operational performance parameters for a reliable, safe, efficient, and optimized flight of the X7. This feedback should be generating the crucial feedback to the flight control system (that Mitsubishi Heavy Industries RJ is assisting with (recent PR: MHIRJ will provide specialist engineering services focused on the design and development of flight test instrumentation for the Cavorite X7. ).
Being a hybrid aircraft on day 1, this aircraft instrumentation is going to be unique to to the Cavorite X7 for conventional take offs, vertical take offs, transition to forward flight and transition to landing. They CAN-do. It is being built!
