However, according to New Atlas, the company stated that it would need to raise some Series A funding before the construction can begin, in addition to the extensive FAA certification process. “It will yield valuable information that will help to reduce technical risk as we move forward with detailed design of our full-scale aircraft,” Horizon’s CEO Brandon Robinson said in a statement.Ī full-scale version of the model is already in development. Renderings of eVTOL prototype - Credit: Horizon Aircraft Meet 'Flying Tiger,' Volkswagen's New 4-Passenger, Fully Autonomous Flying Taxi When Horizon builds its full-scale version of the eVTOL, it will be powered by a hybrid electric system that can recharge a battery in-flight.īombardier's Challenger 3500 Business Jets Will Soon Be Flying in European SkiesĪ NASA-Backed Study Will Test Ammonia as a Carbon-Free Alternative to Jet Fuel This technology would allow the aircraft to fly 98 percent of its voyage in a low-drag configuration, much like a traditional aircraft.
Once at altitude, the wing closes as it transitions to cruising. The sleek, canard-style plane can takeoff, soar and land like a conventional aircraft, but the wings can open to reveal 16 ducted fans that provide the aircraft’s vertical lift. Horizon Aircraft impressed us last year when it unveiled the Cavorite X5, with the Toronto-based company showing that the usually utilitarian world of eVTOLs could afford a little more attractive form with its function. The company behind the hotly anticipated eVTOL Cavorite X5 announced it has completed construction of a 50-percent-scale prototype of its stylish flying vehicle concept.