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New Horizon Aircraft Ltd Is An Aerospace Original Equipment Manufacturer That Is Designing And Building A Next-Generation Hybrid Electric Vertical Take-Off And Landing Aircraft For The Regional Air Mobility Market. Its Aircraft Will Offer A More Efficient Way To Move People And Goods At A Regional Scale, Help To Connect Remote Communities, And Advance Its Ability To Deal With An Increasing Number Of Climate-Related Natural Disasters Such As Wildfires, Floods, And Droughts. The Company Aims To Deliver A Hybrid Electric 7-Seat Aircraft, Called The Cavorite X7, That Can Take Off And Land Vertically Like And Helicopter.