Horizon Aircraft reports Q3 EPS (C$0.16) vs. (C$0.17) last year

The company said, “Continued strong liquidity with $20M in cash, including what the Company expects is sufficient working capital to support planned aircraft development milestones through fiscal 2027; Advancing the full-scale hybrid-electric Cavorite X7 aircraft from concept to reality; the Company expects to complete assembly later in 2026 with flight testing to commence in early 2027.” Brandon Robinson, CEO, commented, “This quarter marked a major inflection point as the Cavorite X7 aircraft transitioned from the design phase into manufacturing. With strong strategic partnerships and collaborations, growing technical capabilities, and solid liquidity, we are confidently tracking to complete our full-scale prototype by the end of 2026.”