With Astro Acquisition Looming, Horizon Says Investors Still Bullish On eVTOL Air Taxis
Astro says it plans to acquire Horizon Aircraft as it seeks a Nasdaq listing to support plans for a trio of eVTOL designs, the Cavorite X5, the Alta and the Elroy.
Horizon Cavorite X5
Horizon Aircraft is developing an eVTOL design based on using ducted fans encased in a fixed-wing, with a projected range of 300 miles. (Image: Horizon Aircraft)