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HOVRW

New Horizon Aircraft Ltd.

NASDAQ · Industrials · Aerospace & Defense · CA

$0.26
+31.18%
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Price chart
Sep 30Oct 5Oct 8Oct 13Oct 16Oct 21Oct 26Oct 29
Key dataOct 29, 2026
Open
$0.51
From 52W high
−53.81%
Volume
34900.00
Market cap
$11.05M
P/E (Fwd)
—
EV/EBITDA
1.9x
P/E (TTM)
—
RSI (14)
50.5
1D Return
+31.18%
YTD Return
−16.64%
SummaryUpdated Aug 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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