Formula 1 and electric vehicle equipment expert, Motion Applied, chosen to develop the Cavorite X7's motor drive inverter and to be a key partner through the aircraft's certification process
TORONTO, ONTARIO / ACCESS Newswire / December 4, 2025 / New Horizon Aircraft Ltd. (NASDAQ:HOVR), doing business as Horizon Aircraft ("Horizon Aircraft" or the "Company"), an advanced aerospace engineering company and developer of one of the world's first hybrid-electric VTOL (Vertical Take-Off and Landing) aircraft, announces it has partnered with Motion Applied, the former high-performance technology arm of Formula 1's legendary McLaren Group. Motion Applied will design and manufacture a customized motor drive inverter for the Company's hybrid-electric VTOL, the Cavorite X7, enabling higher power efficiency and reduced weight for the aircraft's vertical lift system. Motion Applied's world-renowned pedigree and capacity for on-site design, manufacturing, and testing will support Horizon Aircraft as it progresses toward building its full-scale prototype and advancing its aircraft certification program.
"How do we ensure our vertical lift system meets our high-performance standards? By partnering with the team that has powered championship-leading race cars for more than 30 years," said Horizon Aircraft's Chief Technology Officer, Tom Brassington. "We considered many companies for this partnership, but ultimately it is Motion Applied's innovation, deep expertise, and ability to rapidly design, manufacture, and test in-house that provides a great advantage."
In July 2025, McLaren Applied became Motion Applied, having previously spun out of McLaren Group in 2021. Launching as an independent Tier One technology provider, Motion Applied is committed to setting new standards in precision, reliability, and innovation in a variety of new industries with a key focus on electrification, motorsport and connectivity.
Motion Applied offers a suite of products that support the development of electric vehicles and aircraft. The Cavorite X7 will feature a custom air-cooled silicon carbide motor drive inverter (converts DC from on-board batteries into AC to power electric motors), based on Motion Applied's MCU-X platform. This advanced system will weigh less than 3kg, and leverages silicon carbide technology alongside Motion Applied's decades of power electronics experience to deliver faster, more efficient power transfer with reduced cooling requirements - all in a compact footprint. The result: significant gains in aircraft efficiency, power density, and range. For a hybrid-electric VTOL such as the Cavorite X7, these are crucial to the aircraft's overall performance.
Samir Maha, Chief Executive Officer of Motion Applied said, "We're proud to partner with Horizon Aircraft on its groundbreaking Cavorite X7 aircraft. The Company's innovative approach to the VTOL challenge reflects a design philosophy and engineering mindset that resonates deeply with Motion Applied. We're excited by the opportunity this collaboration presents to advance our inverter technology to new heights in support of Horizon Aircraft's ambitious objectives."
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 designed 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 Aircraft 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.
For further information, visit:
Website www.horizonaircraft.com
LinkedIn https://www.linkedin.com/company/horizon-aircraft-inc
About Motion Applied
Motion Applied is a UK-based technology company dedicated to delivering high-performance technology focused on precision, reliability, and innovation. Its AMPEX brand offers leading onboard and offboard electrification products, including a range of AC and DC electric vehicle charging equipment, and the AMPEX family of SiC inverters, a next-generation Silicon Carbide platform that delivers outstanding efficiency, power density, and flexibility for automotive, motorsport, aerospace, and marine applications.
For further information, visit:
Website www.motionapplied.com
LinkedIn https://www.linkedin.com/company/motionapplied
For further information, contact:
Investors:
Matt Chesler, CFA
FNK IR LLC
(646) 809-2183
HOVR@fnkir.com
Media:
Edwina Frawley-Gangahar
EFG Media Relations
+44 7580 174672
edwina@efgmediarelations.com
Motion Applied:
Joseph Butcher
Marketing Lead
Joseph.butcher@motionapplied.com
Forward-Looking Statements
This press release contains certain "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities laws (collectively, "forward-looking statements"). These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "aim," "future," "opportunity," "plan," "may," "should," "will," "would," "target," "will be," "will continue," "will likely result" and similar expressions, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements herein include, but are not limited to, statements relating to the targeted readiness of the full-scale hybrid Cavorite X7 eVTOL prototype for initial testing, development priorities and technical milestones; funding and liquidity sufficiency and runway; certification and testing plans; and potential production, partnership, supply chain and market opportunities.
Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) changes in the markets in which Horizon Aircraft competes, including with respect to its competitive landscape, technology evolution or regulatory changes; (ii) the risk that Horizon Aircraft will need to raise additional capital to execute its business plans, which may not be available on acceptable terms or at all; (iii) the lack of useful financial information for an accurate estimate of future capital expenditures and future revenue; (iv) statements regarding Horizon Aircraft's industry and market size; (v) financial condition and performance of Horizon Aircraft, including the condition, liquidity, results of operations, the products, the expected future performance and market opportunities of Horizon Aircraft; (vi) Horizon Aircraft's ability to develop, certify, and manufacture an aircraft that meets its performance expectations; (vii) successful completion of testing and certification of Horizon Aircraft's Cavorite X7 eVTOL; (viii) the targeted future production of Horizon Aircraft's Cavorite X7 aircraft; and (ix) other factors detailed by us in the Company's public filings with the Securities and Exchange Commission ("SEC") and under the Company's profile on sedarplus.ca, including the disclosures under the heading "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended May 31, 2025, filed with the SEC and filed under the Company's profile on sedarplus.ca on August 22, 2025. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made.
Readers are cautioned not to put undue reliance on forward-looking statements, and while the Company may elect to update these forward-looking statements at some point in the future, it assumes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise, unless required by applicable law. Horizon Aircraft does not give any assurance that Horizon Aircraft will achieve its expectations.
SOURCE: Horizon Aircraft
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