Added to YB: 2026-05-26
Pitch date: 2026-05-23
HOVR [neutral]
New Horizon Aircraft Ltd.
Author Info
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Company Info
New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, designs hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States.
Market Cap
$236.5M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
-9.97
P/E
-5.09
EV/Sales
N/A
Sector
Aerospace and Defense
Category
growth
MCO Thesis In Play: New Horizon Aircraft
HOVR (update): +25% on Cert Center Canada partnership for dual-use (military+civilian) certification of Cavorite X7 eVTOL. 3C is Canada's only independent Transport Canada DAO. Ties to Feb 2026 Defense Industrial Strategy prioritizing domestic aircraft procurement. Moat widens via defense-grade cert barrier; TAM expands beyond regional ops to gov't-backed military market. $20M raise positioned co for this catalyst. Watching for: actual defense program win, full-scale prototype completion, manufacturing partnership.
Read full article (2 min)