Horizon Aircraft Partners with RAMPF to Manufacture the Fuselage for its Aircraft
Rhea-AI Summary
Horizon Aircraft (NASDAQ:HOVR) announced a manufacturing partnership with RAMPF Composite Solutions to build the fuselage for the Cavorite X7 hybrid-electric VTOL aircraft.
RAMPF will apply high-performance composite design and advanced manufacturing to deliver a lightweight, high-strength fuselage meeting aerospace durability and precision requirements.
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News Market Reaction – HOVR
On the day this news was published, HOVR declined 7.21%, reflecting a notable negative market reaction. Argus tracked a peak move of +2.4% during that session. Argus tracked a trough of -13.2% from its starting point during tracking. Our momentum scanner triggered 20 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $8M from the company's valuation, bringing the market cap to $98M at that time.
Data tracked by StockTitan Argus on the day of publication.
Market Reality Check
Peers on Argus
HOVR fell 2.63% while peers were mixed: MOB -6.05%, CODA -2.36%, DPRO -3.45%, but OPXS +3.97% and VWAV +2.61%, indicating stock-specific trading rather than a unified sector move.
Previous Partnership Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 04 | Power-system partnership | Positive | +5.7% | Motion Applied chosen to develop custom inverter for Cavorite X7 vertical lift motors. |
| Jun 25 | Design partnership | Positive | -6.1% | Collaboration with designer Andrea Mocellin to refine Cavorite X7 exterior and interior. |
| Jun 13 | Propulsion partnership | Positive | +36.5% | MT-Propeller engaged to supply low-noise composite propellers for hybrid eVTOL aircraft. |
Partnership announcements have often triggered sizable moves, mostly positive but occasionally reversing, suggesting event-driven volatility around Cavorite X7 collaborations.
Recent history for HOVR shows partnerships as key milestones in advancing the Cavorite X7 program. In June 2025, MT-Propeller was selected for propulsion, followed by a June design partnership with Andrea Mocellin and a December 4, 2025 power-system collaboration with Motion Applied. These agreements span propulsion, industrial design, and power electronics, building toward full-scale hybrid eVTOL development. Today’s fuselage-manufacturing partnership extends that pattern into the airframe structure.
Historical Comparison
In the past year, HOVR announced 3 partnership deals, averaging a 16.11% 24-hour move, showing collaborations around Cavorite X7 often drove sharp, event-linked volatility.
Partnerships have progressed from propulsion (MT-Propeller) to design (Mocellin), power systems (Motion Applied), and now fuselage manufacturing, steadily filling core components of the Cavorite X7 program.
Market Pulse Summary
The stock moved -7.2% in the session following this news. A negative reaction despite constructive partnership news would fit HOVR’s pattern of volatility around events, where at least one prior design collaboration sold off post-announcement despite positive framing. The deal adds to a growing list of Cavorite X7 partnerships, but filings highlight ongoing losses and future funding needs, which could weigh on sentiment. Execution risk on prototype timing and certification milestones could also temper enthusiasm.
Key Terms
hybrid-electric technical
vtol technical
vertical take-off and landing technical
fuselage technical
composite materials technical
AI-generated analysis. Not financial advice.
Composites manufacturing expert, RAMPF Composite Solutions, selected to build the main body of the Cavorite X7
TORONTO, ONTARIO / ACCESS Newswire / January 29, 2026 / New Horizon Aircraft Ltd. (NASDAQ:HOVR), doing business as Horizon Aircraft ("Horizon Aircraft" or the "Company"), an advanced aerospace engineering company and developer of one of the world's first hybrid-electric VTOL (Vertical Take-Off and Landing) aircraft, announces it has partnered with RAMPF Composite Solutions ("RAMPF") to manufacture the fuselage (the main body of the aircraft) for the Cavorite X7.
RAMPF has earned a strong global reputation as a leader in high-performance composite design, engineering, and manufacturing. By combining advanced manufacturing processes with premium composite materials, RAMPF meets the most demanding industry standards. With deep experience supporting aerospace and defense customers, RAMPF will manufacture a fuselage for the Cavorite X7 that optimizes its performance by meeting precise requirements for the aircraft. These requirements include the fuselage being made of lightweight and high-strength composite materials to improve fuel efficiency and durability; designed to withstand harsh conditions, temperature fluctuations, and high-impact forces; and have high structural integrity and precision.
RAMPF Composite Solutions CEO Larry Fitzgerald had this to say about the announcement. "We are very excited to work with Horizon Aircraft on their revolutionary new aircraft, the Cavorite X7. This is the kind of project that professionals across the composites industry truly aspire to work on. It will show how lightweight, high‑performance composites continue to push the boundaries of engineering and design. It is an honour for RAMPF to collaborate with Horizon on such a game-changing aircraft."
Horizon Aircraft Co-Founder and CEO Brandon Robinson stated, "RAMPF's industry-leading aerospace composite capabilities make this a critical partnership for us. Seeing fuselage manufacturing underway is incredibly meaningful, and having it built locally in Ontario, Canada is something we are proud of. RAMPF's highly experienced team understands the significance of what Horizon Aircraft is working to achieve, and we look forward to bringing the Cavorite X7 to life together."
For more information about Horizon Aircraft, please see the Company's website or watch its innovative technology in action on the Company's YouTube channel.
About Horizon Aircraft
Horizon Aircraft (NASDAQ:HOVR) is an advanced aerospace engineering company that is developing one of the world's first hybrid-electric VTOL (Vertical Take-Off and Landing) aircraft designed to fly most of its mission in traditional wing-borne flight, offering industry-leading speed, range, and operational utility. Horizon Aircraft's unique designs put the mission first and prioritize safety and performance. Upon successful completion of testing and certification of its full-scale aircraft, Horizon Aircraft intends to scale unit production to meet expected demand from regional operators, emergency service providers, and military customers.
For further information, visit:
Website www.horizonaircraft.com
LinkedIn https://www.linkedin.com/company/horizon-aircraft-inc
About RAMPF Composite Solutions
RAMPF Composite Solutions, Inc. based in Burlington, Ontario, Canada, is a leading expert in the manufacture of carbon fiber and fiberglass composites parts for the aerospace, defense, consumer products, and medical industries. RAMPF Composite Solutions redefines composite manufacturing through advanced processes that deliver lightweight, high-strength components while minimizing waste and reducing cost.
The company's comprehensive composite manufacturing services include VARTM, resin infusion, tailored fiber placement (TFP), precision tooling, metallization, and full subassembly. Each process is designed to ensure tight tolerances, repeatable quality, and scalable production, helping composite manufacturers maintain a competitive edge across industries.
From aerospace-grade composites to high-volume industrial parts and custom prototypes, RAMPF Composite Solutions stands as a trusted composite parts manufacturer in North America - delivering quality, speed, precision, and cost savings.
RAMPF Composite Solutions is a company of the international RAMPF Group based in Grafenberg, Germany.
For further information, contact:
Investors:
Kathryn Burns
ir@horizonaircraft.com
Media:
Edwina Frawley-Gangahar
EFG Media Relations
+44 7580 174672
edwina@efgmediarelations.com
Forward-Looking Statements
This press release contains certain "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities laws (collectively, "forward-looking statements"). These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "aim," "future," "opportunity," "plan," "may," "should," "will," "would," "target," "will be," "will continue," "will likely result" and similar expressions, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements herein include, but are not limited to, statements relating to the targeted readiness of the full-scale hybrid Cavorite X7 eVTOL prototype for initial testing, development priorities and technical milestones; funding and liquidity sufficiency and runway; certification and testing plans; and potential production, partnership, supply chain and market opportunities.
Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) changes in the markets in which Horizon Aircraft competes, including with respect to its competitive landscape, technology evolution or regulatory changes; (ii) the risk that Horizon Aircraft will need to raise additional capital to execute its business plans, which may not be available on acceptable terms or at all; (iii) the lack of useful financial information for an accurate estimate of future capital expenditures and future revenue; (iv) statements regarding Horizon Aircraft's industry and market size; (v) financial condition and performance of Horizon Aircraft, including the condition, liquidity, results of operations, the products, the expected future performance and market opportunities of Horizon Aircraft; (vi) Horizon Aircraft's ability to develop, certify, and manufacture an aircraft that meets its performance expectations; (vii) successful completion of testing and certification of Horizon Aircraft's Cavorite X7 eVTOL; (viii) the targeted future production of Horizon Aircraft's Cavorite X7 aircraft; and (ix) other factors detailed by us in the Company's public filings with the Securities and Exchange Commission ("SEC") and under the Company's profile on sedarplus.ca, including the disclosures under the heading "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended May 31, 2025, filed with the SEC and filed under the Company's profile on sedarplus.ca on August 22, 2025. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made.
Readers are cautioned not to put undue reliance on forward-looking statements, and while the Company may elect to update these forward-looking statements at some point in the future, it assumes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise, unless required by applicable law. Horizon Aircraft does not give any assurance that Horizon Aircraft will achieve its expectations.
SOURCE: Horizon Aircraft
View the original press release on ACCESS Newswire
FAQ
What did Horizon Aircraft (HOVR) announce on January 29, 2026 about the Cavorite X7 fuselage?
Who is RAMPF Composite Solutions and why did Horizon choose them for HOVR's Cavorite X7?
How will RAMPF's fuselage manufacturing affect the Cavorite X7 performance for Horizon Aircraft (HOVR)?
Where will the Cavorite X7 fuselage be manufactured for Horizon Aircraft (HOVR)?
Does the Horizon Aircraft (HOVR) announcement include financial terms or a production timeline for the Cavorite X7 fuselage?
