New Horizon Aircraft Ltd. reported fiscal 2026 fourth quarter results, highlighting a strengthened balance sheet with $78.3 million in cash providing over 24 months of liquidity. The company is advancing the development of its Cavorite X7 hybrid-electric VTOL aircraft, with the first full-scale prototype testing on track for the first quarter of 2027. Horizon Aircraft is an advanced aerospace company developing hybrid-electric vertical takeoff and landing aircraft.