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New Horizon Aircraft Ltd. (HOVRW)

0.0798

+0.0098

+(14.00%)

At close: May 23 at 4:00:00 PM EDT

Horizon Aircraft to Participate in Jefferies eVTOL/AAM Summit

TORONTO, May 20, 2025 (GLOBE NEWSWIRE) -- 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, announces that management will present at the Jefferies eVTOL/AAM Summit being held virtually on Wednesday, May 28, 2025. Additionally, management of the Company will be available for 1x1 meetings durin

GlobeNewswire 4 days ago

HOVR

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+14.00%
HOVR: Is liftoff on the horizon? Initiating coverage of an early-stage eVTOL manufacturer.

By Brian Lantier, CFA NASDAQ:HOVR READ THE FULL HOVR RESEARCH REPORT We are initiating coverage of New Horizon Aircraft Ltd (NASDAQ:HOVR) with a 12-month valuation target of $1.25 per share. New Horizon is an early-stage aircraft OEM that is still developing its first commercial aircraft, the Cavorite X7. The Cavorite X7 will be a 7-seat vehicle (6 passengers and one pilot) that will be capable

Zacks Small Cap Research 5 days ago

HOVRW
+14.00%
Horizon Aircraft Achieves Historic Transition to Forward Flight

~ Horizon Aircraft’s unique Cavorite X7 eVTOL becomes the first aircraft in the world to achieve a stable transition using a novel fan-in-wing design ~ TORONTO, May 15, 2025 (GLOBE NEWSWIRE) -- New Horizon Aircraft (NASDAQ: HOVR), doing business as Horizon Aircraft, an advanced aerospace engineering company and developer of one of the world’s first hybrid eVTOL aircraft, announces that it has achieved full wing transition of its large-scale prototype aircraft. “Today we join a very small group o

GlobeNewswire 9 days ago

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+14.00%
Horizon Aircraft Welcomes Former Rolls-Royce Propulsion Expert Justin Chapman as Senior Technical Advisor

TORONTO, May 07, 2025 (GLOBE NEWSWIRE) -- New Horizon Aircraft (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 operationally-focused hybrid-eVTOL (electric Vertical Take-Off and Landing) aircraft, announced today that Justin Chapman will be supporting the Company in a senior advisory capacity, contributing his extensive expertise to the technical development of aircraft s

GlobeNewswire 17 days ago

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+14.00%
Horizon Aircraft to Participate in Upcoming Investor Conferences in April 2025

TORONTO, April 09, 2025 (GLOBE NEWSWIRE) -- New Horizon Aircraft (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), an advanced aerospace engineering company and developer of the world’s first eVTOL (electric Vertical Take-Off and Landing) that can fly most of its mission exactly like a normal aircraft, announced today that management will participate in the following upcoming investor conferences: Planet MicroCap Showcase: VEGAS 2025, April 23-24, 2025, La

GlobeNewswire last month

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+14.00%
Horizon Aircraft Bolsters Cavorite X7 Development with Top Propulsion Expert

John Wyzykowski joins from Lilium, bringing significant eVTOL technical experience TORONTO, Feb. 12, 2025 (GLOBE NEWSWIRE) -- New Horizon Aircraft (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), an advanced aerospace engineering company and developer of the world’s first eVTOL (electric Vertical Take-Off and Landing) that can fly most of its mission exactly like a normal aircraft, today announces that John Wyzykowski has been appointed as a Technical Exp

GlobeNewswire 3 months ago

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+14.00%
Horizon Aircraft Successful with Nasdaq Listing Requirements

Horizon Aircraft Shares to Remain Listed on NasdaqTORONTO, Ontario, Jan. 27, 2025 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical Take-Off and Landing (“eVTOL”) aircraft developer, announced today that it has received written notice from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) that the Company has regained compliance with

GlobeNewswire 3 months ago

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+14.00%
Horizon Aircraft Signs Letter of Intent with Discovery Air Chile Ltda., Expanding Global Presence of Cavorite X7 Hybrid eVTOLs

~ Horizon Aircraft Will Deliver 5 Cavorite X7s in 2028 ~ ~ The Cavorite X7 Provides a Cost-Effective Alternative to Traditional Helicopters with Twice the Speed and up 75% Lower Operating Costs ~ TORONTO, Jan. 10, 2025 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical Take-Off and Landing (“eVTOL”) aircraft developer, announced today it has signed a Letter of Intent (“LOI”) wi

GlobeNewswire 4 months ago

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+14.00%
Horizon Aircraft Announces Exercise of Warrants, Providing an Additional $2.7 Million in Gross Proceeds

~ Further Secures Balance Sheet, This Second Capital Infusion in Last 30 Days Totals $11.1 Million ~ TORONTO, Jan. 08, 2025 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical Take-Off and Landing (“eVTOL”) aircraft developer, announced today the exercise of 2.5 million warrants for gross proceeds of approximately $2.7 million. This additional working capital follows the Company

GlobeNewswire 4 months ago

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+14.00%
Horizon Aircraft Secures $8.4 Million Strategic Investment

~ Deepens Investor’s Dedication to Horizon Aircraft Supporting Continued Operations and Development ~ TORONTO, Dec. 20, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, announced today it has received an investment from a strategic investor (the “Investor”) and aerospace supporter, for aggregate proceeds of $8.4 million (

GlobeNewswire 5 months ago

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+14.00%
Horizon Aircraft Simplifies Capital Structure with Mutual Termination of Forward Purchase Agreement with Meteora Capital

~ Expects to Record a Gain of ~$20-25 Million in its Second Quarter from the Termination of the FPA ~ ~ The Removal of the Financing Structure Further Eliminates SPAC Overhang ~ TORONTO, Nov. 07, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, announced today the signing of a mutual termination agreement (the “Terminatio

GlobeNewswire 6 months ago

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+14.00%
Horizon Aircraft to Participate in the 13th Annual Roth Technology Conference

TORONTO, Nov. 06, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, announced today that Brandon Robinson, CEO, and Jason O’Neill, COO, will participate in the 13th Annual Roth Technology Conference being held November 19 - 20, 2024, at the Hard Rock Hotel in New York City. Horizon Aircraft’s management team will conduct o

GlobeNewswire 6 months ago

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+14.00%
Horizon Aircraft to Participate in the LD Micro Main Event XVII Investor Conference

Toronto, Ontario--(Newsfile Corp. - October 16, 2024) - New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft ("Horizon Aircraft" or the "Company"), a leading hybrid electric Vertical TakeOff and Landing ("eVTOL") aircraft developer, announced today that it will participate in the LD Micro Main Event XVII Investor Conference, being held on October 28-30, 2024 at the Luxe Sunset Boulevard Hotel in Los Angeles, CA.Brandon Robinson, CEO of Horizon Aircraft, will host one-on-o

Newsfile 7 months ago

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Horizon Aircraft to Exhibit Hybrid eVTOL at the Japan International Aerospace Exhibition 2024

TORONTO, Oct. 09, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, announced today that it will attend the Japan International Aerospace Exhibition 2024 (“JA2024”) being held October 16 to 19, 2024 in Tokyo, Japan at the Tokyo Big Site. Horizon Aircraft’s management team will present the Company’s hybrid eVTOL, the Cavori

GlobeNewswire 7 months ago

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+14.00%
Horizon Aircraft Begins Full-Scale Development of eVTOL Aircraft, Accelerates Flight Tests, and Expands World-Class Team

Full Transition of Large-Scale Prototype by End of 2024TORONTO, Sept. 09, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, announced several key business and technical updates as the Company is steadily progressing in the development of key technological components of its novel, hybrid-powered eVTOL aircraft. Brandon Robi

GlobeNewswire 8 months ago

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+14.00%
Horizon Aircraft Positioned for Increased Investment as a Small-Cap Stock with its Disruptive Aerospace Technology

TORONTO, Sept. 05, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), the advanced aerospace engineering company and developer of an electric Vertical Take-Off and Landing (eVTOL) aircraft, has commissioned a study that indicates a strong return by investors to small and micro-cap companies with unique and sustainable technologies may be imminent. The global study with small and micro-cap fund managers in t

GlobeNewswire 8 months ago

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+14.00%
New Horizon Aircraft Announces Closing of $2.9 Million Public Offering

TORONTO, Aug. 21, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft (NASDAQ: HOVR), today closed its previously announced underwritten public offering of (i) 2,800,000 of its Class A ordinary shares, no par value per share, and accompanying warrants to purchase up to 2,800,000 of its Class A ordinary shares, and (ii) to certain investors, pre-funded warrants to purchase up to an aggregate of 3,000,000 Class A ordinary shares and accompanying warrants to purchase up to an aggregate of 3,000,000 Class

GlobeNewswire 8 months ago

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+14.00%
Horizon Aircraft Appoints Tom Brassington as Chief Technology Officer

Tom Brassington joins from Lilium, bringing significant eVTOL industry experienceTORONTO, Aug. 21, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), an advanced aerospace engineering company and developer of the world’s first eVTOL (electric Vertical Take-Off and Landing) that can fly most of its mission exactly like a normal aircraft, today announces that Tom Brassington has been appointed as Chief Technology

GlobeNewswire 8 months ago

HOVR

HOVRW
+14.00%
New Horizon Aircraft Announces Pricing of $2.9 Million Public Offering

TORONTO, Aug. 20, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), an advanced aerospace engineering company and developer of hybrid eVTOL (electric Vertical Take-Off and Landing) aircraft, today announced the pricing of an underwritten public offering of (i) 2,800,000 of its Class A ordinary shares, no par value per share, and accompanying warrants to purchase up to 2,800,000 of its Class A ordinary shares, a

GlobeNewswire 8 months ago

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+14.00%
New Research Predicts an Increase in Allocation from Institutional and Retail Investors to Small- and Micro-Caps Over the Next 12 Months

TORONTO, Aug. 06, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), the advanced aerospace engineering company and developer of eVTOL (electric Vertical Take-Off and Landing) aircraft, publishes new global research* that indicates fund managers that invest primarily in small-cap and micro-cap stocks believe there will be an increased level of exposure to small and micro-caps from both institutional and retail i

GlobeNewswire 9 months ago

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+14.00%

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New Horizon Aircraft Ltd. (HOVRW)

Horizon Aircraft to Participate in Jefferies eVTOL/AAM Summit

HOVR: Is liftoff on the horizon? Initiating coverage of an early-stage eVTOL manufacturer.

Horizon Aircraft Achieves Historic Transition to Forward Flight

Horizon Aircraft Welcomes Former Rolls-Royce Propulsion Expert Justin Chapman as Senior Technical Advisor

Horizon Aircraft to Participate in Upcoming Investor Conferences in April 2025

Horizon Aircraft Bolsters Cavorite X7 Development with Top Propulsion Expert

Horizon Aircraft Successful with Nasdaq Listing Requirements

Horizon Aircraft Signs Letter of Intent with Discovery Air Chile Ltda., Expanding Global Presence of Cavorite X7 Hybrid eVTOLs

Horizon Aircraft Announces Exercise of Warrants, Providing an Additional $2.7 Million in Gross Proceeds

Horizon Aircraft Secures $8.4 Million Strategic Investment

Horizon Aircraft Simplifies Capital Structure with Mutual Termination of Forward Purchase Agreement with Meteora Capital

Horizon Aircraft to Participate in the 13th Annual Roth Technology Conference

Horizon Aircraft to Participate in the LD Micro Main Event XVII Investor Conference

Horizon Aircraft to Exhibit Hybrid eVTOL at the Japan International Aerospace Exhibition 2024

Horizon Aircraft Begins Full-Scale Development of eVTOL Aircraft, Accelerates Flight Tests, and Expands World-Class Team

Horizon Aircraft Positioned for Increased Investment as a Small-Cap Stock with its Disruptive Aerospace Technology

New Horizon Aircraft Announces Closing of $2.9 Million Public Offering

Horizon Aircraft Appoints Tom Brassington as Chief Technology Officer

New Horizon Aircraft Announces Pricing of $2.9 Million Public Offering

New Research Predicts an Increase in Allocation from Institutional and Retail Investors to Small- and Micro-Caps Over the Next 12 Months