New Horizon Aircraft Ltd.
Develops a long-range, hybrid-electric eVTOL aircraft for regional and emergency services.
HOVR | US
Overview
Corporate Details
- ISIN(s):
- CA64550A1075
- LEI:
- Country:
- United States of America
- Address:
- 3187 HIGHWAY 35, LINDSAY
- Website:
- https://www.horizonaircraft.com/
- Sector:
- Manufacturing
- Industry:
- Manufacture of air and spacecraft and related machinery
Description
New Horizon Aircraft Ltd. is an advanced aerospace engineering company and original equipment manufacturer (OEM) developing the Cavorite X7, a next-generation hybrid-electric vertical takeoff and landing (eVTOL) aircraft. The vehicle utilizes a patented fan-in-wing design to achieve vertical takeoff and landing capabilities combined with high-speed conventional flight. Its hybrid-electric power system is engineered for longer range (800 km) and higher speeds (450 km/hr) than typical eVTOLs. The Cavorite X7 is designed for versatility across various real-world applications, including regional transportation, medical supply delivery, medevac, and disaster response. The aircraft accommodates one pilot and up to six passengers, with a useful load capacity of 1,500 pounds. The company's technology aims to provide a practical and efficient solution for regional air mobility.
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Filings
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Insider Transactions
| Date | Insider Name | Position | Type | Shares | Value |
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Peer Companies
