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Horizon Aircraft Cavorite X5 vs. Other eVTOLs


CategoryHorizon Aircraft Cavorite X5Typical electric VTOLDifferentiator
Speed450 km/h100 km/hWith the Cavorite X5 flying in a normal aircraft, very low drag configuration, its speed is dramatically higher.
Range500 km50-80 kmWith batteries still 40X less energy dense than gas, range for pure electric aircraft is limited.
Useful load500 kg300 kg60% higher load capacity in the Cavorite X5 due to a more energy dense fuel source.
PowerHybrid-ElectricPure ElectricPure electric vehicles will carry 33-50% of their total weight in batteries and must be re-charged between flights. Cavorite X5 designed to use hybrid-electric as a bridge solution until pure electric power is viable.
CertificationDual ConfigurationSingle ConfigurationThe Cavorite X5 spends 99% of its mission in a configuration exactly like a normal aircraft. This means lower certification risk.
CostLowModerateAlthough pure-electric eVTOL market cheaper costs, changing 500+kg of batteries every 200 hours will be very costly.
SafetyHighModerateAble to fly 99% of its mission exactly like a normal aircraft, the Cavorite X5 does not rely on the continuous function of multiple critical rotors.


Horizon Aircraft


Horizon Aircraft Cavorite X5 Joby Aviation S4Archer MakerLilium JetEhang 184
Speed 450 km/h320 km/h240 km/h300 km/h100 km/h
Range 500 km240 km96 km200 km35 km
Useful load500 kg400 kg450 kg350 kg100 kg
Weight of batteries200 kg650 kg600 kg240 kg120 kg
People55451
Power Hybrid ElectricPure ElectricPure ElectricPure ElectricPure Electric
Company Valuation*$65M$8.7B$6.1B$1B$4.3B
Stock SymbolOTCQB:ASDNNYSE:RTPNYSE:ACIC(Private)NASDAQ:EH

* Market Cap on closing using $4.50 as stock price of ASDN

50% Reduction in Hydrocarbon Emissions

Clean Technology: The Right Place at the Right Time

With advances in both electric motor and battery technology, available power densities are now unlocking the future for a cleaner aerospace industry. The Horizon Team understands the benefits of such technology and is uniquely positioned to take advantage ahead of the competition.

ADVANCED BATTERY AND ELECTRIC MOTOR DESIGNS UNLOCKING A CLEANER FUTURE FOR AVIATION

BATTERY TECHNOLOGY FOR AEROSPACE IS HERE


It has long been battery technology that has limited practical designs in both the automotive and aerospace industry. Simply put, traditional power densities required huge batteries for even short duration applications. However, recent advancements in Lithium-Ion and Lithium-Sulfur battery commercialization have raised power densities to the point of being practically usable for aircraft design applications, albeit only when coupled to a hybrid power system. Batteries with 300 Wh/kg are now being commercially produced with promises of 30% power density increase year-over-year.

ELECTRIC MOTOR TECHNOLOGY TO MATCH


In lockstep with battery development, electric motors have also recently made significant progress. Compact axial flux electric motors with over 5 kW/kg are now being produced with peak operating efficiency above 96%. That means peak power of over 700 horsepower in a system that weighs less than 220 lbs. With some optimized for operation at rpm ranges ideal for aviation, this key piece of technology now paves the way for intelligent hybrid-electric aircraft design.

HORIZON AIRCRAFT ANNOUNCES
It has entered into a binding agreement
to be acquired by Astro Aerospace.