New Horizon Aircraft (HOVR)

• Market cap: $140M
• 1 day: -9.24%
• 5 days: -19.86%
• 1 month: -0.88%
• 3 months: 17.1%
• 6 months: 27.68%
• Year to date: 38.65%
• 1 year: 151.11%
• 5 years: -77.86%
• 10 years: -77.86%
• Sector: Industrials
• Industry: Aerospace & Defense

About: New Horizon Aircraft Ltd is an aerospace Original Equipment Manufacturer that is designing and building a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its aircraft will offer a more efficient way to move people and goods at a regional scale, help to connect remote communities, and advance its ability to deal with an increasing number of climate-related natural disasters such as wildfires, floods, and droughts. The company aims to deliver a hybrid electric 7-seat aircraft, called the Cavorite X7, that can take off and land vertically like and helicopter.

Employees: 30