New Horizon Aircraft (HOVR)

• Market cap: $55.1M
• 1 day: 5.83%
• 5 days: -32.8%
• 1 month: -53.14%
• 3 months: -19.62%
• 6 months: 41.1%
• Year to date: 16.51%
• 1 year: 173.12%
• 5 years: -87.56%
• 10 years: -87.56%
• 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