New Horizon Aircraft

HOVR

Market cap $76.7M

Welcome to the Green Stock News brief for Friday December 5th. Here are today's top headlines: Serve Robotics (NASDAQ: SERV) is expanding its autonomous sidewalk delivery service into Fort Lauderdale, building on its existing Miami operations and strengthening its presence in South Florida's fast-growing delivery market.

Formula 1 and electric vehicle equipment expert, Motion Applied, chosen to develop the Cavorite X7's motor drive inverter and to be a key partner through the aircraft's certification process TORONTO, ONTARIO / ACCESS Newswire / December 4, 2025 / New Horizon Aircraft Ltd. (NASDAQ:HOVR), doing business as Horizon Aircraft ("Horizon Aircraft" or the "Company"), an advanced aerospace engineering company and developer of one of the world's first hybrid-electric VTOL (Vertical Take-Off and Landing) aircraft, announces it has partnered with Motion Applied, the former high-performance technology arm of Formula 1's legendary McLaren Group.

TORONTO, ON / ACCESS Newswire / November 26, 2025 / New Horizon Aircraft Ltd. (NASDAQ:HOVR), doing business as Horizon Aircraft ("Horizon Aircraft" or the "Company"), an advanced aerospace engineering company and developer of one of the world's first hybrid electric VTOL (Vertical Take-Off and Landing) aircraft, announces that esteemed test pilot-astronaut Jameel Janjua has joined its Board of Directors, bringing deep expertise in experimental test flight, military operations, aerospace engineering, and business growth.

The Cavorite X7 is designed to fly safely in clouds and known icing conditions at faster speeds and lower operating costs than helicopters, aiming for undisrupted flight operations worldwide TORONTO, ONTARIO / ACCESS Newswire / November 21, 2025 / New Horizon Aircraft Ltd. (NASDAQ:HOVR), doing business as Horizon Aircraft ("Horizon Aircraft" or the "Company"), an advanced aerospace engineering company and developer of one of the world's first hybrid electric VTOL (Vertical Take-Off and Landing) aircraft, continues its progress in building its Cavorite X7 to fly under Instrument Flight Rules (IFR) allowing the aircraft to fly in clouds, a differentiating feature no other eVTOL has achieved.

Horizon Aircraft hosted Brigadier General Brendan Cook, RCAF Director General Space, Combat and Support, for a briefing on the Cavorite X7 and its potential Defence applications LINDSAY, ONTARIO / ACCESS Newswire / November 6, 2025 / New Horizon Aircraft Ltd. (NASDAQ:HOVR), doing business as Horizon Aircraft ("Horizon Aircraft" or the "Company"), an advanced aerospace engineering company and developer of one the world's first hybrid eVTOL (electric Vertical Take-Off and Landing) aircraft, welcomed Brigadier General Brendan Cook, Royal Canadian Air Force (RCAF) Director General Space, Combat and Support, to its Lindsay, Ontario hangar for an exclusive tour and briefing on the Company's hybrid eVTOL, the Cavorite X7.

TORONTO, ONTARIO / ACCESS Newswire / November 3, 2025 / New Horizon Aircraft Ltd. (NASDAQ:HOVR), doing business as Horizon Aircraft ("Horizon Aircraft" or the "Company"), an advanced aerospace engineering company and developer of one the world's first hybrid eVTOL (electric Vertical Take-Off and Landing) aircraft, announces that management will participate in the following conferences in November and December: Event: Helicopter Association Canada Annual Conference & Trade Show Date: November 4-6, 2025 Location: Abbotsford, B.C.

Project CRYSTAL aims to develop a safe, all-weather eVTOL propulsion system that can fly in conditions that most helicopters can't TORONTO, ONTARIO / ACCESS Newswire / October 24, 2025 / New Horizon Aircraft (NASDAQ:HOVR), doing business as Horizon Aircraft ("Horizon Aircraft" or the "Company"), an advanced aerospace engineering company and developer of one the world's first hybrid eVTOL (electric Vertical Take-Off and Landing) aircraft, is thrilled to announce it has been awarded a prestigious INSAT program (The Initiative for Sustainable Aviation Technology) non-dilutive grant to help fund ‘CRYSTAL', an all-weather eVTOL project in partnership with Flight Centre of Excellence (dba Certification Center Canada,"3C") and the University of Toronto ("UofT"). CRYSTAL has an estimated total expenditure of $10.5 million, and Horizon Aircraft will receive $2.0 million in grant proceeds.

New Horizon Aircraft Ltd. is developing a hybrid eVTOL aircraft that combines the aerodynamic efficiency of an airplane with the vertical capabilities of a helicopter. The company follows a dual-use strategy, targeting both civilian and defense applications. HOVR shows strong financial momentum, with a 115% increase in liquidity and a zero-debt capital structure.

The signed purchase agreement for the world-leading engine is a major step toward producing a hybrid eVTOL that will go faster, farther, and be the most efficient in the industry TORONTO, ONTARIO / ACCESS Newswire / October 14, 2025 / New Horizon Aircraft Ltd. (NASDAQ:HOVR), doing business as Horizon Aircraft ("Horizon Aircraft" or the "Company"), an advanced aerospace engineering company and developer of one the world's first hybrid eVTOL (electric Vertical Take-Off and Landing) aircraft, announces its purchase of the world-leading PT6A engine from Pratt & Whitney Canada ("Pratt & Whitney"), a leader in propulsion systems, powering the most advanced aircraft in the world.

TORONTO, ONTARIO / ACCESS Newswire / October 10, 2025 / New Horizon Aircraft Ltd. (NASDAQ:HOVR), doing business as Horizon Aircraft ("Horizon Aircraft" or the "Company"), an advanced aerospace engineering company and developer of one the world's first hybrid eVTOL (electric Vertical Take-Off and Landing) aircraft, is pleased to announce its first quarter fiscal 2026 results for the three months ended August 31, 2025.