Professional
Added to YB: 2025-04-24
Pitch date: 2025-04-21
HOVR [bullish]
New Horizon Aircraft Ltd.
+1.8%
current return
Author Info
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Company Info
New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, focuses on designing and developing hybrid electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the Uinted States.
Market Cap
$21.0M
Pitch Price
$0.50
Price Target
1.60 (+214%)
Dividend
N/A
Sector
Aerospace and Defense
Category
growth
New Horizon Aircraft Ltd. - $HOVR
HOVR: Hybrid eVTOL Cavorite X7 aircraft for Regional Air Mobility market with 250mph speeds, 500mi range, 1,500lb payload. $6M price point with estimated 50% margin. Patented HOVR Wing tech enables vertical takeoff & efficient forward flight. Early commercial targets: medical, disaster, military & remote supply. Timeline to commercialization 36-48 months.
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