Horizon Aircraft signs LOI with V-Star for up to 100 Cavorite X7 hybrid eVTOLs valued at $600 million

• New Horizon Aircraft signed an LOI with Australia-based V-Star to sell 5 Cavorite X7 hybrid-electric VTOL aircraft.
• Deal includes options for up to 95 additional aircraft, implying up to 100 units valued at USD 600 million.
• V-Star plans a firm deposit to secure delivery slots once a definitive agreement is signed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Horizon Aircraft Ltd. published the original content used to generate this news brief on July 21, 2026, and is solely responsible for the information contained therein.