NEW HORIZON AIRCRAFT LTD (HOVR) Stock Price, Quote, News and Overview
NASDAQ:HOVR - Nasdaq - CA64550A1075 - Common Stock
HOVR Quote and Key Statistics
NEW HORIZON AIRCRAFT LTD
NASDAQ:HOVR (1/21/2025, 8:05:54 PM)
Premarket: 0.9503 +0.11 (+13.13%)0.84
-0.06 (-6.29%)
HOVR Financial Highlights
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | N/A | ||
| ROA | 7.06% | ||
| ROE | 7.49% | ||
| Debt/Equity | 0 |
HOVR Performance and Technical Analysis
HOVR Ownership and Analysts
HOVR Latest News and Analysis
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 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 Secures $8.4 Million Strategic Investment
About HOVR
Company Profile
New Horizon Aircraft Ltd. is an advanced aerospace original equipment manufacturer, which engages in the designing and aiming to build a next generation hybrid electric vertical takeoff and landing aircraft for the regional air mobility market. The company is headquartered in Lindsay, Ontario. The company went IPO on 2023-02-10. The firm 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. The company operates with up to 30% less hydrocarbon emissions. The company is designed to operate in bad weather, with flight in known icing conditions. The company is designed with 14 redundant lift fans in hover, through which multiple failures can be tolerated. The firm'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.
Company Info
NEW HORIZON AIRCRAFT LTD
3187 Highway 35
Lindsay ONTARIO CA
Employees: 20
Company Website: https://www.horizonaircraft.com/
Phone: 16138661935
HOVR Competitors/Peers
Symbol | Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| GE | GENERAL ELECTRIC | 44.64 | 202.93B | ||
| RTX | RTX CORP | 22.91 | 167.38B | ||
| BA | BOEING CO/THE | N/A | 131.35B | ||
| LMT | LOCKHEED MARTIN CORP | 18.13 | 120.01B | ||
| TDG | TRANSDIGM GROUP INC | 39.96 | 76.36B | ||
| GD | GENERAL DYNAMICS CORP | 20.69 | 74.69B | ||
| NOC | NORTHROP GRUMMAN CORP | 19.44 | 73.50B | ||
| HWM | HOWMET AEROSPACE INC | 51.27 | 51.66B | ||
| AXON | AXON ENTERPRISE INC | 123.09 | 46.18B | ||
| LHX | L3HARRIS TECHNOLOGIES INC | 17.16 | 42.27B | ||
| HEI | HEICO CORP | 65.6 | 33.33B | ||
| HEI.A | HEICO CORP-CLASS A | 52.34 | 26.60B |