Canadian Government Boosts Horizon Aircraft's Hybrid eVTOL Development with $450K NSERC Grant in Multi-Organization Collaboration

Reuters

07/31

Canadian Government Boosts Horizon Aircraft's Hybrid eVTOL Development with $450K NSERC Grant in Multi-Organization Collaboration

New Horizon Aircraft Ltd., operating as Horizon Aircraft, has announced the receipt of a significant Natural Sciences and Engineering Research Council (NSERC) of Canada Applied Research and Development $(ARD)$ grant totaling $450,000. This funding, in collaboration with partners Fleming College and Ontario Tech University, boosts the total NSERC Federal funding to over $3.4 million and will support the development of Horizon Aircraft's hybrid electric Vertical Take-Off and Landing (eVTOL) aircraft. This multi-year collaboration leverages the strengths of both the college and university in applied engineering and advanced manufacturing to accelerate the progress of Horizon Aircraft's innovative aerospace technologies.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Horizon Aircraft Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9503507-en) on July 31, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/HOVR\">New Horizon Aircraft</a> Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9503507-en) on July 31, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4187","symbol_name":"航天航空與國防","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250731:nNDL4pSsDp:1","article_id":"2555088045","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2555088045","pubTimestamp":1753963217,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Canadian Government Boosts Horizon Aircraft's Hybrid eVTOL Development with $450K NSERC Grant in Multi-Organization Collaboration. 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