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Horizon Aircraft signs letter of intent with Discovery Air Chile

New Horizon Aircraft (HOVR) announced it has signed a Letter of Intent, LOI, with Discovery Air Chile, a leading Chilean helicopter operator to lease five Cavorite X7 eVTOLs with a projected delivery timeline of 2028. The addition of this eVTOL aircraft will transform services in Chile by reducing transfer times for passengers, patients, and time sensitive goods while cutting costs for operators.

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