UAM EVTOL Startups To Combine

Horizon’s Cavorite X5 hybrid eVTOL design has a fan-in-wing lift system that is covered in forward flight.
Credit: Horizon Aircraft
In perhaps a first sign of consolidation in the overcrowded urban air mobility market, two startups are to combine. Dallas-based Astro Aerospace is to acquire Canada’s Horizon Aircraft, with the deal expected to close in the second quarter. Publicly traded Astro is already developing the Elroy two...

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