New Horizon Aircraft Ltd. is a Canada-based advanced aerospace engineering company. The Company is engaged in developing hybrid Electric Vertical Takeoff and Landing (eVTOL) aircraft. The Company’s Cavorite X7 prototype can take off vertically, but once in flight its patented HOVR wing system reverts to the configuration of a conventional airplane. It operates with up to 30% less hydrocarbon emissions. It is designed to operate in bad weather, with flight in known icing conditions. It is designed with 14 redundant lift fans in hover, through which multiple failures can be tolerated. The Company's Cavorite X7 range opens up a wide spectrum of uses, such as critical medical supplies to remote areas, delivery of supplies and rescue of people from post-hurricane zones, business travel/inter-city and regional shuttle, transportation to underserved remote regions, evacuation, and special events control.
Ticker SymbolHOVR
Company nameNew Horizon Aircraft Ltd
IPO dateFeb 10, 2023
CEOMr. Brandon Robinson
Number of employees- -
Security typeOrdinary Share
Fiscal year-endFeb 10
Address3187 Highway 35
CityLINDSAY
Stock exchangeNASDAQ Capital Market Consolidated
CountryCanada
Postal codeK9V 4R1
Phone16138661935
Websitehttps://www.horizonaircraft.com/
Ticker SymbolHOVR
IPO dateFeb 10, 2023
CEOMr. Brandon Robinson
A total of
0.00
USD has been distributed in dividends over the past 5 years.

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