Added to YB: 2026-07-24
Pitch date: 2026-07-22
HOVR [neutral]
New Horizon Aircraft Ltd.
-1.6%
current return
Author Info
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Company Info
New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, engages in designing and building hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States.
Market Cap
$173.2M
Pitch Price
$1.88
Price Target
N/A
Dividend
N/A
EV/EBITDA
-7.14
P/E
-3.29
EV/Sales
N/A
Sector
Aerospace and Defense
Category
growth
Horizon Aircraft signs LOI for Up to $600M
HOVR (update): Announced LOI w/ V-Star Powered Lift Aviation to buy 5 aircraft (option for 95 more) at $600M total value (~$6M/aircraft). LOI not countable as revenue but signals strong demand. Author sees potential upside from Canadian military drone contract as defense spending rises.
Read full article (1 min)