Horizon Aircraft Reports $24M Cash and 2026 Prototype Timeline Horizon Aircraft secures $24M cash and funding to complete the Cavorite X7 hybrid-electric eVTOL prototype by 2026 with flight tests in 2027.

Horizon Aircraft holds $24M cash to fund the Cavorite X7 prototype, a hybrid-electric eVTOL with 800 km range. Prototype assembly set for 2026, flight tests in 2027. #HorizonAircraft #eVTOL #AerospaceCanada
airpronews.com/2026/01/17/h...

Sweden’s Saab is in talks with Ottawa & Bombardier about building a Canadian production line for its Gripen fighter jet, a move that could mean 10,000 new jobs and a major R&D network. A potential aerospace boost Canada hasn’t seen in years.
#AerospaceCanada #SaabGripen #DefenceIndustry #Bombardier