Horizon Aircraft today announced it has signed a Letter of Intent with V-Star Powered Lift Aviation Pty Ltd, an Australian-based aircraft operator specializing in advanced power-lift aircraft, to purchase five Cavorite X7 hybrid-electric VTOL aircraft with options to purchase up to an additional 95 aircraft. V-Star intends to secure the delivery slots for these five aircraft with a firm deposit upon execution of the definitive agreement.
V-Star specialises in critical emergency services. “The addition of Cavorite X7s into V-Star’s fleet will significantly reduce medevac response times and patient transfers, and search and rescue missions can be executed faster and more cost-efficiently,” says Horizon in a press release.
V-Star CEO Tony Laws said: “Flying at nearly twice the speed of helicopters, the addition of Cavorite X7s to our fleet will be a critical advantage to help people in need when minutes matter. V-Star is committed to delivering leading powered-lift technologies across Australia to improve outcomes on critical missions, and this LOI with Horizon Aircraft brings us one step closer to a new standard for emergency services operations and cost-effective transport solutions in regional Australia.”
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