Aug. 22 at 1:02 PM
$HOVR $ACHR Horizon Aircraft (HOVR) announced on August 22, 2025, that it successfully completed one of the first fan-in-wing forward transition flights with its large-scale prototype in May 2025, marking a significant milestone in its hybrid eVTOL development. The company also reported a strong financial position, with
$17 million in cash and over 18 months of liquidity, and noted reduced aircraft development costs compared to competitors.