Canadian eVTOL Startup Plans SPAC Merger

A 50%-scale model of the Cavorite has been hovered and tested in the wind tunnel.

Credit: Horizon Aircraft
Canadian startup Horizon Aircraft plans to list publicly through a merger with a Hawaii-based blank-check company as it seeks to raise funds to develop a hybrid-electric vertical-takeoff-and-landing (VTOL) aircraft. Founded in 2015, Toronto-based Horizon plans to list on the Nasdaq stock exchange...
Graham Warwick

Graham leads Aviation Week's coverage of technology, focusing on engineering and technology across the aerospace industry, with a special focus on identifying technologies of strategic importance to aviation, aerospace and defense.

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