Horizon Aircraft Welcomes Former Rolls-Royce Propulsion Expert Justin Chapman as Senior Technical Advisor
Horizon Aircraft (NASDAQ: HOVR) has appointed Justin Chapman as Senior Technical Advisor to support the development of their Cavorite X7 hybrid-eVTOL aircraft. Chapman, a former Rolls-Royce executive who served as Chief of Electronics and Chief of FADEC, brings extensive expertise in electric propulsion and energy systems for aviation. His role will focus on advancing aircraft systems, including electronics, batteries, and electric propulsion.
Chapman will work closely with CTO Tom Brassington to enhance and de-risk the development of the Cavorite X7, which is designed as a practical, safety-focused hybrid eVTOL platform. His appointment strengthens Horizon's technical development capabilities as they progress toward producing a full-size demonstrator aircraft.
Horizon Aircraft (NASDAQ: HOVR) ha nominato Justin Chapman come Consulente Tecnico Senior per supportare lo sviluppo del loro aeromobile ibrido eVTOL Cavorite X7. Chapman, ex dirigente della Rolls-Royce che ha ricoperto i ruoli di Chief of Electronics e Chief of FADEC, porta con sé una vasta esperienza nei sistemi di propulsione elettrica e nelle tecnologie energetiche per l'aviazione. Il suo incarico sarà incentrato sul miglioramento dei sistemi dell'aeromobile, inclusi elettronica, batterie e propulsione elettrica.
Chapman collaborerà strettamente con il CTO Tom Brassington per potenziare e ridurre i rischi nello sviluppo del Cavorite X7, progettato come una piattaforma eVTOL ibrida, pratica e focalizzata sulla sicurezza. La sua nomina rafforza le capacità tecniche di Horizon mentre avanzano verso la produzione di un dimostratore a grandezza naturale.
Horizon Aircraft (NASDAQ: HOVR) ha designado a Justin Chapman como Asesor Técnico Senior para apoyar el desarrollo de su aeronave híbrida eVTOL Cavorite X7. Chapman, ex ejecutivo de Rolls-Royce que fue Jefe de Electrónica y Jefe de FADEC, aporta una amplia experiencia en propulsión eléctrica y sistemas energéticos para la aviación. Su rol se centrará en avanzar los sistemas de la aeronave, incluyendo electrónica, baterías y propulsión eléctrica.
Chapman trabajará estrechamente con el CTO Tom Brassington para mejorar y minimizar riesgos en el desarrollo del Cavorite X7, diseñado como una plataforma híbrida eVTOL práctica y enfocada en la seguridad. Su nombramiento fortalece las capacidades técnicas de Horizon mientras avanzan hacia la producción de un demostrador a tamaño real.
Horizon Aircraft (NASDAQ: HOVR)는 Cavorite X7 하이브리드 eVTOL 항공기 개발을 지원하기 위해 저스틴 채프먼을 수석 기술 고문으로 임명했습니다. 롤스로이스 전 임원으로 전자 및 FADEC 책임자를 역임한 채프먼은 항공 전기 추진 및 에너지 시스템 분야에서 폭넓은 전문 지식을 보유하고 있습니다. 그의 역할은 전자장치, 배터리 및 전기 추진을 포함한 항공기 시스템 발전에 집중될 예정입니다.
채프먼은 CTO 톰 브래싱턴과 긴밀히 협력하여 실용적이고 안전에 중점을 둔 하이브리드 eVTOL 플랫폼인 Cavorite X7의 개발을 향상시키고 위험을 줄이는 데 기여할 것입니다. 그의 임명은 Horizon이 실물 크기의 시범 항공기 제작을 향해 나아가는 기술 개발 역량을 강화합니다.
Horizon Aircraft (NASDAQ : HOVR) a nommé Justin Chapman en tant que Conseiller Technique Principal pour soutenir le développement de leur avion hybride eVTOL Cavorite X7. Chapman, ancien cadre de Rolls-Royce ayant occupé les postes de Chief of Electronics et Chief of FADEC, apporte une vaste expertise en propulsion électrique et systèmes énergétiques pour l’aviation. Son rôle se concentrera sur l’avancement des systèmes de l’appareil, notamment l’électronique, les batteries et la propulsion électrique.
Chapman travaillera en étroite collaboration avec le CTO Tom Brassington pour améliorer et réduire les risques liés au développement du Cavorite X7, conçu comme une plateforme eVTOL hybride pratique et axée sur la sécurité. Sa nomination renforce les capacités techniques de développement d’Horizon alors qu’ils progressent vers la production d’un démonstrateur à taille réelle.
Horizon Aircraft (NASDAQ: HOVR) hat Justin Chapman als Senior Technical Advisor ernannt, um die Entwicklung ihres Cavorite X7 Hybrid-eVTOL-Flugzeugs zu unterstützen. Chapman, ein ehemaliger Rolls-Royce-Manager, der als Chief of Electronics und Chief of FADEC tätig war, bringt umfassende Expertise in elektrischer Antriebstechnik und Energiesystemen für die Luftfahrt mit. Seine Rolle konzentriert sich auf die Weiterentwicklung der Flugzeugsysteme, einschließlich Elektronik, Batterien und elektrischem Antrieb.
Chapman wird eng mit CTO Tom Brassington zusammenarbeiten, um die Entwicklung des Cavorite X7, einer praktischen und sicherheitsorientierten Hybrid-eVTOL-Plattform, voranzutreiben und Risiken zu minimieren. Seine Ernennung stärkt die technischen Entwicklungskapazitäten von Horizon, während sie auf die Produktion eines großmaßstäblichen Demonstrator-Flugzeugs hinarbeiten.
- Secured expertise of former Rolls-Royce propulsion expert with decades of engineering leadership experience
- Strengthens technical development team for the Cavorite X7 aircraft program
- Addition of senior advisor with specific expertise in electronics, batteries, and electric propulsion systems
- None.
TORONTO, May 07, 2025 (GLOBE NEWSWIRE) -- New Horizon Aircraft (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 operationally-focused hybrid-eVTOL (electric Vertical Take-Off and Landing) aircraft, announced today that Justin Chapman will be supporting the Company in a senior advisory capacity, contributing his extensive expertise to the technical development of aircraft systems, including electronics, batteries, and electric propulsion.
Mr. Chapman brings decades of engineering leadership and deep domain knowledge to Horizon Aircraft. Widely regarded as an expert in electric propulsion and energy systems for aviation, he has held senior roles, such as Chief of Electronics and Chief of FADEC (Full Authority Digital Engine Control) at Rolls-Royce, where he helped lead some of the industry’s most advanced aerospace technology initiatives.
“I’m thrilled to be supporting Horizon Aircraft in their revolutionary Cavorite X7 project,” said Justin Chapman recently. “My initial activities on the project have shown me a company of highly dedicated and talented people who are all striving to deliver an innovative product into a very challenging arena. I will use all my experience from aerospace and beyond to help develop the full-scale demonstrator. I’m excited to be a small part of Horizon’s ‘Real World Ready’ hybrid eVTOL.”
Tom Brassington, Chief Technology Officer at Horizon Aircraft, added: “I am delighted to work with Justin again. He brings a rare combination of world-class electronics, propulsion, and control systems knowledge to Horizon. His efforts will advance and de-risk our Cavorite X7 development programs, helping us achieve our goal to produce a safe and reliable piloted full-size demonstrator.”
Mr. Chapman’s involvement will strengthen Horizon’s technical development team, as the Company advances the design and construction of its flagship Cavorite X7 aircraft—an innovative hybrid eVTOL platform purpose-built for real-world performance, safety, and practicality.
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 eVTOL aircraft that is to be able to fly most of its mission like a normal plane while offering industry-leading speed, range, and operational utility. Horizon’s unique designs put the mission first and prioritize safety, performance, and utility. Horizon hopes to successfully complete testing and certification of its Cavorite X7 eVTOL quickly and then enter the market and service a broad spectrum of early use cases. Visit www.horizonaircraft.com for more information.
Forward-Looking Statements
The information in 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. 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,” “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 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 competes, including with respect to its competitive landscape, technology evolution or regulatory changes; (ii) the risk that Horizon will need to raise additional capital to execute its business plans, which may not be available on acceptable terms or at all; (iii) the ability of the parties to recognize the benefits of the business combination agreement and the business combination; (iv) the lack of useful financial information for an accurate estimate of future capital expenditures and future revenue; (v) statements regarding Horizon’s industry and market size; (vi) financial condition and performance of Horizon, including the anticipated benefits, the implied enterprise value, the expected financial impacts of the business combination, the financial condition, liquidity, results of operations, the products, the expected future performance and market opportunities of Horizon; (vii) Horizon’s ability to develop, certify, and manufacture an aircraft that meets its performance expectations; (viii) successful completion of testing and certification of Horizon’s Cavorite X7 eVTOL; (ix) the targeted future production of Horizon’s Cavorite X7 aircraft; and (x) those factors discussed in our filings with the SEC. You should carefully consider the foregoing factors and the other risks and uncertainties that will be described in the “Risk Factors” section of the Proxy Statement and other documents to be filed by New Horizon from time to time with the SEC. 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 Horizon may elect to update these forward-looking statements at some point in the future, they assume 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 does not give any assurance that Horizon will achieve its expectations.
Contacts
Investors:
Matt Chesler, CFA
FNK IR
(917) 312-2181
HOVR@fnkir.com
Media:
Edwina Frawley-Gangahar
EFG Media Relations
+44 7580 174672
edwina@efgmediarelations.com
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