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Horizon Aircraft

Aerospace Toronto, Canada ~105 employees
Founded
--
Employees (Est.)
~105
7 leaders known
Total Funding
$51.6M
Funding Rounds
10
Last Funding
2025-10-24

About Horizon Aircraft

Horizon Aircraft is an aerospace innovation company focused on creating a hybrid eVTOL (electric Vertical Takeoff and Landing) aircraft with a higher purpose, aiming to make a difference in lives, businesses, communities, and the planet through advanced technology and sustainable solutions.

Products & Services

Cavorite X7:A hybrid eVTOL aircraft with a patented HOVR wing design for safer and more durable performance in challenging conditions. It features a hybrid electric power system for longer range and higher speeds (up to 450 km/hr and 800 km range with reserves), can carry 1 pilot and up to 6 passengers with a 1,500-pound useful load, and is designed for versatility in applications like medical supply delivery, medevac, and disaster response.

Specialties

Hybrid eVTOL Technology Patented HOVR Wing Design Hybrid Electric Power Systems Regional Transportation Solutions

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Grant
T: -
FT: Grant
A: 2000000
MR: -
FA: $2.0 million
FAN: 2000000
D: 2025-10-24
FD: 2025-10-24
1 investors
2 RT: Grant
T: -
FT: Grant
A: 450000
MR: -
FA: $450,000
FAN: 450000
D: 2025-07-31
FD: 2025-07-31
3 investors
3 RT: Warrant Exercise
T: -
FT: Warrant Exercise
A: 2700000
MR: -
FA: approximately $2.7 million
FAN: 2700000
D: 2025-01-08
FD: 2025-01-08
-
4 RT: Strategic Investment
T: -
FT: Strategic Investment
A: 8400000
MR: -
FA: 8.4 million
FAN: 8400000
D: 2024-12-20
FD: 2024-12-20
1 investors
5 RT: Other (Termination of Forward Purchase Agreement)
T: -
FT: Other (Termination of Forward Purchase Agreement)
A: 20000000
MR: -
FA: ~$20-25 Million
FAN: 20000000
D: 2024-11-07
FD: 2024-11-07
1 investors
6 RT: Public Offering
T: -
FT: Public Offering
A: 2900000
MR: -
FA: $2.9 million
FAN: 2900000
D: 2024-08-21
FD: 2024-08-21
1 investors
7 RT: Underwritten public offering
T: -
FT: Underwritten public offering
A: 2800000
MR: -
FA: 2,800,000 shares
FAN: 2800000
D: 2024-08-21
FD: 2024-08-21
-
8 RT: Underwritten Public Offering
T: -
FT: Underwritten Public Offering
A: 2800000
MR: -
FA: 2,800,000 shares
FAN: 2800000
D: 2024-08-21
FD: 2024-08-21
-
9 RT: Public Offering
T: -
FT: Public Offering
A: 2900000
MR: -
FA: 2.9 million
FAN: 2900000
D: 2024-08-20
FD: 2024-08-20
-
10 RT: Convertible Note
T: -
FT: Convertible Note
A: 6700000
MR: -
FA: $6.7 million CAD
FAN: 6700000
D: 2023-12-05
FD: 2023-12-05
1 investors
Grant Latest
2025-10-24
$2.0M
1 investor (Pro only)
Grant 2025-07-31
$450K
Warrant Exercise 2025-01-08
$2.7M

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

E

E. Brandon Robinson

Co-Founder and Chief Executive Officer

LinkedIn (Pro only)
J

Jason O'Neill

Chief Operating Officer

LinkedIn (Pro only)
B

Brian Merker

Chief Financial Officer

LinkedIn (Pro only)
E

E. Brian Robinson

Founder and Chief Engineer

S

Stewart Lee

Head of People and Strategy

P

Phil Kelly

Senior Vice President, Business Development

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Recent News

Horizon Aircraft Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Aerospace
Company Size
~105 employees (est.)
Locations
Toronto, Canada
Toronto

Technology Stack

Discover the backend, frontend, and infrastructure technologies powering this company's products.

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