Horizon Aircraft Partners with MT-Propeller for Hybrid eVTOL Propulsion
This agreement represents Horizon Aircraft’s first major hardware commitment for the full-scale production aircraft, marking a pivotal milestone in the Company’s transition from prototype to real-world implementation
TORONTO, June 13, 2025 – New Horizon Aircraft (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), an advanced aerospace engineering company and developer of one the world’s first hybrid eVTOL (electric Vertical Take-Off and Landing) aircraft, announces a strategic partnership with MT-Propeller, a global leader in advanced propeller technology, to supply propellers for Horizon’s hybrid turbine engine.
This collaboration will leverage MT-Propeller’s cutting-edge composite propeller expertise, delivering maximum speed, efficiency, and significant noise reduction for the Company’s Cavorite X7 in development. The hybrid-electric aircraft, uniquely designed for both vertical takeoff and conventional runway operations, will benefit from MT’s innovative, quiet, and high-efficiency propeller solutions.
“Partnering with MT-Propeller underscores Horizon’s commitment to delivering a superior flying experience,” said Brian Robinson, Chief Engineer at Horizon Aircraft. “Together, we’re setting new standards for range, speed, and efficiency with our regional eVTOL. In particular, MT-Propeller’s world-leading low-noise design is well suited for operations around cities.”
Martin Albrecht, Managing Director of MT-Propeller, added, “We’re excited to support Horizon Aircraft’s vision with our certified propellers, enhancing performance and sustainability in the fast-evolving eVTOL market.”
This partnership marks a critical step toward certification and production readiness, accelerating Horizon Aircraft’s journey to transform regional air mobility.
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 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 Aircraft’s unique designs put the mission first and prioritize safety, performance, and utility. Horizon 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.
Visit www.horizonaircraft.com for more information.
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