HOVR
New Horizon Aircraft Ltd.
NASDAQ · Industrials · Aerospace & Defense · CA
$1.69
+1.20%Price chart
Aug 6Aug 11Aug 14Aug 19Aug 24Aug 27Sep 1Sep 4
ValuationView details →
P/E (Fwd)
—
EV/EBITDA
−1.8x
Market Cap
$113.44M
MomentumView details →
1D Return
+1.20%
YTD Return
+14.97%
RSI (14)
41.1
ValuationView details →
P/E (Fwd)
—
EV/EBITDA
−1.8x
Market Cap
$113.44M
RSI (14)
41.1
MomentumView details →
1D Return
+1.20%
YTD Return
+14.97%
SummaryUpdated May 1, 2026
New Horizon Aircraft Ltd. (NASDAQ:HOVR) is a Canadian aerospace engineering company founded in 2013 and headquartered in Lindsay, Ontario. The company went public in April 2023 and specializes in developing hybrid electric vertical takeoff and landing (eVTOL) aircraft for the emerging regional air mobility market. New Horizon is currently in the development phase of its flagship aircraft, the Cavorite X7, a seven-seat hybrid electric aircraft designed to revolutionize regional transportation by combining the vertical takeoff capabilities of a helicopter with the efficient forward flight of a conventional airplane.
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Latest newsMore news →
Horizon Aircraft appointed Tom Hearne to its Board of Directors and as Audit Committee Chair, effective immediately, succeeding Trisha Nomura who resigned for personal reasons.8h agoNew Horizon Aircraft began ice protection technology testing for its Cavorite X7 VTOL aircraft, advancing its all-weather certification path through partnerships with Cert Center Canada and the University of Toronto.3d ago