New Horizon Aircraft Ltd. is a publicly traded company headquartered in Lindsay, Ontario, which is developing a hybrid eVTOL aircraft for regional air mobility. It is designing the Horizon Cavorite X7 as a hybrid-electric 6-passenger aircraft that has electric fans for vertical takeoff and landing and a turboprop engine for forward flight. Horizon Aircraft expects that its hybrid architecture will result in greater range compared to electric-only VTOL aircraft, while having 70–80% lower operating costs and twice the speed of a traditional helicopter. Development of a full-scale prototype is ongoing with the intent of having the Cavorite X7 certified and flying.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| HOVR | New Horizon Aircraft Ltd. | 2026-07-31 14:59:55 | 1.73 | -0.02 | -1.15 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HOVR | 0001930021 | New Horizon Aircraft Ltd. | CA64550A1075 | — | — | Nasdaq | 3721 | Aircraft | 0531 | A1 | 3187 HIGHWAY 35 | LINDSAY | A6 | K9V 4R1 | CANADA | CA | 613-866-1935 | 3187 HIGHWAY 35, LINDSAY, A6, K9V 4R1 | 3187 HIGHWAY 35, LINDSAY, A6, K9V 4R1 | Pono Capital Three, Inc. | Aviation | 2013 | Brandon Robinson | 52 | http://horizonaircraft.com | 72,477,248 | — | 66,825,837 | New Horizon Aircraft Ltd. is a publicly traded company headquartered in Lindsay, Ontario, which is developing a hybrid eVTOL aircraft for regional air mobility. It is designing the Horizon Cavorite X7 as a hybrid-electric 6-passenger aircraft that has electric fans for vertical takeoff and landing and a turboprop engine for forward flight. Horizon Aircraft expects that its hybrid architecture will result in greater range compared to electric-only VTOL aircraft, while having 70–80% lower operating costs and twice the speed of a traditional helicopter. Development of a full-scale prototype is ongoing with the intent of having the Cavorite X7 certified and flying. | 2026-07-30 19:30:28 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2026 | 72,477,248 | 58,258,989 | 409.7477 | 66,825,837 | 27,615,186 | 70.4278 |
| 2025 | 14,218,259 | -107,451,741 | -88.3141 | 39,210,651 | 20,602,720 | 110.7201 |
| 2024 | 121,670,000 | 1,955,000 | 1.633 | 18,607,931 | 387,495 | 2.1267 |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Jason O’Neill | Chief Operating Officer | 2025 | 254,125 | 38,250 | 74,273 | 0 | 0 | 523,528 |
| Brian Merker | Chief Financial Officer | 2025 | 269,583 | 38,250 | 84,763 | 0 | 0 | 574,916 |
| Brandon Robinson | Chief Executive Officer | 2025 | 369,036 | 52,785 | 102,199 | 0 | 0 | 736,020 |
| Brian Merker | Chief Financial Officer | 2024 | 129,108 | 0 | 0 | 0 | 0 | 188,235 |
| Jason O’Neill | Chief Operating Officer | 2024 | 212,029 | 0 | 0 | 0 | 0 | 212,029 |
| Fiscal Year | Employee Count |
|---|---|
| 2026 | 56 |
| 2025 | 28 |
| 2024 | 14 |
| Fiscal Year | 2026 | 2025 | 2024 |
|---|---|---|---|
| Revenue | — | — | — |
| Cost Of Revenue | — | — | — |
| Gross Profit | 0 | 0 | 0 |
| Research And Development Expenses | 13,244,000 | 3,660,000 | 880,000 |
| General And Administrative Expenses | 10,224,000 | 9,925,000 | 3,744,000 |
| Operating Expenses | 23,468,000 | 13,585,000 | 4,624,000 |
| Operating Income | -23,468,000 | -13,585,000 | -4,624,000 |
| Net Income | -33,096,000 | 5,200,000 | -8,160,000 |
| Earnings Per Share Basic | -0.77 | 0.2 | -0.76 |
| Earnings Per Share Diluted | -0.77 | 0.17 | -0.76 |
| Weighted Average Shares Outstanding Basic | 43,046,980 | 25,844,200 | 10,717,378 |
| Weighted Average Shares Outstanding Diluted | 43,046,980 | 30,760,145 | 10,717,378 |
| Fiscal Year | 2026 | 2025 | 2024 |
|---|---|---|---|
| Cash And Cash Equivalents | 78,279,000 | 7,547,000 | 1,816,000 |
| Marketable Securities Current | — | — | — |
| Accounts Receivable | 798,000 | 96,000 | — |
| Inventories | — | — | — |
| Non Trade Receivables | — | — | 417,000 |
| Other Assets Current | 3,769,000 | 530,000 | 2,431,000 |
| Total Assets Current | 82,846,000 | 8,173,000 | 4,664,000 |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | 878,000 | 209,000 | 205,000 |
| Other Assets Non Current | — | — | — |
| Total Assets Non Current | 950,000 | 239,000 | 280,000 |
| Total Assets | 83,796,000 | 8,412,000 | 4,944,000 |
| Accounts Payable | 2,771,000 | 679,000 | 715,000 |
| Deferred Revenue | — | — | — |
| Short Term Debt | — | 75,000 | — |
| Other Liabilities Current | 818,000 | 625,000 | 574,000 |
| Total Liabilities Current | 3,640,000 | 1,326,000 | 1,333,000 |
| Long Term Debt | — | — | — |
| Other Liabilities Non Current | — | — | — |
| Total Liabilities Non Current | 9,046,000 | 4,496,000 | 21,544,000 |
| Total Liabilities | 12,686,000 | 5,822,000 | 22,877,000 |
| Common Stock | 166,670,000 | 84,562,000 | 74,406,000 |
| Retained Earnings | -42,579,000 | -9,483,000 | -14,683,000 |
| Accumulated Other Comprehensive Income | — | — | — |
| Total Shareholders Equity | 71,110,000 | 2,590,000 | -17,933,000 |
| Fiscal Year | 2026 | 2025 | 2024 |
|---|---|---|---|
| Depreciation And Amortization | 298,000 | 138,000 | 56,000 |
| Share Based Compensation Expense | 7,159,000 | 1,492,000 | 66,000 |
| Other Non Cash Income Expense | — | — | — |
| Change In Accounts Receivable | 702,000 | -321,000 | 402,000 |
| Change In Inventories | — | — | — |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | — | — | — |
| Change In Accounts Payable | 2,092,000 | -36,000 | 184,000 |
| Change In Other Liabilities | 193,000 | 51,000 | 526,000 |
| Cash From Operating Activities | -16,492,000 | -9,312,000 | -3,308,000 |
| Purchases Of Marketable Securities | — | — | — |
| Sales Of Marketable Securities | — | — | — |
| Acquisition Of Property Plant And Equipment | 967,000 | 142,000 | 209,000 |
| Acquisition Of Business | — | — | — |
| Other Investing Activities | — | — | — |
| Cash From Investing Activities | -967,000 | -142,000 | -209,000 |
| Tax Withholding For Share Based Compensation | — | — | — |
| Payments Of Dividends | — | — | — |
| Issuance Of Common Stock | — | 2,082,000 | 15,000,000 |
| Repurchase Of Common Stock | — | — | — |
| Issuance Of Long Term Debt | — | 880 | 300,000 |
| Repayment Of Long Term Debt | — | — | — |
| Other Financing Activities | — | — | — |
| Cash From Financing Activities | 88,191,000 | 15,185,000 | 5,105,000 |
| Change In Cash | 70,732,000 | 5,731,000 | 1,588,000 |
| Cash At End Of Period | 78,279,000 | 7,547,000 | 1,816,000 |
| Income Taxes Paid | — | — | — |
| Interest Paid | 1,000 | 1,000 | 23,000 |
| Fiscal Year | 2026 | 2025 | 2024 |
|---|---|---|---|
| Earnings Per Share | -0.77 | 0.2 | -0.76 |
| Price To Earnings Ratio | -3.2857 | 5.3 | -1.0461 |
| Earnings Growth Rate | -485 | -126.3158 | -238.1818 |
| Price Earnings To Growth Ratio | 0.0068 | -0.042 | 0.0044 |
| Book Value Per Share | 1.6519 | 0.1002 | -1.6733 |
| Price To Book Ratio | 1.5316 | 10.5772 | -0.4751 |
| Ebitda | -32,798,000 | 5,338,000 | -7,961,000 |
| Enterprise Value | — | — | — |
| Dividend Yield | — | — | — |
| Dividend Payout Ratio | — | — | — |
| Debt To Equity Ratio | — | — | — |
| Capital Expenditures | 967,000 | 142,000 | — |
| Free Cash Flow | -17,459,000 | -9,454,000 | — |
| Return On Equity | -0.4654 | 2.0077 | 0.455 |
| One Year Beta | 3.6936 | 0.7844 | 0.1496 |
| Three Year Beta | 1.2518 | 0.5941 | 0.1325 |
| Five Year Beta | 1.2058 | 0.5941 | 0.1325 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| Robinson Eric Brandon | Director, Chief Executive Officer | 2026-05-26 | 207,468 | A | 686,319 |
| Robinson Eric Brandon | Director, Chief Executive Officer | 2026-05-26 | 52,093 | D | 634,226 |
| Robinson Eric Brandon | Director, Chief Executive Officer | 2026-05-26 | 207,468 | D | 292,532 |
| Merker Brian Frederick | Chief Financial Officer | 2026-05-26 | 129,668 | A | 402,100 |
| Merker Brian Frederick | Chief Financial Officer | 2026-05-26 | 38,478 | D | 363,622 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| J. Derek Lewis & Associates Inc. | 2026-06-30 | 49,447 | 25,100 | 1.97 |
| TD Waterhouse Canada Inc. | 2026-06-30 | 5,236 | 2,631 | 1.9901 |
| Triumph Capital Management | 2026-06-30 | 3,940 | 2,000 | 1.97 |
| Farther Finance Advisors, LLC | 2026-06-30 | 26,595 | 13,500 | 1.97 |
| SIGNATURE ESTATE & INVESTMENT ADVISORS LLC | 2026-06-30 | 26,595 | 13,500 | 1.97 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| FIDELITY CONCORD STREET TRUST | 2026-05-31 | Fidelity Nasdaq Composite Index Fund | FNCMX | 22,438 | 65,631.15 | 0.0002 |
| Gabelli ETFs Trust | 2026-03-31 | Gabelli Commercial Aerospace and Defense ETF | GCAD | 25,306 | 35,681.46 | 0.1342 |
| FIDELITY CONCORD STREET TRUST | 2026-02-28 | Fidelity Nasdaq Composite Index Fund | FNCMX | 12,029 | 23,336.26 | 0.0001 |
| Gabelli ETFs Trust | 2025-12-31 | Gabelli Commercial Aerospace and Defense ETF | GCAD | 14,633 | 21,510.51 | 0.1497 |
| FIDELITY CONCORD STREET TRUST | 2025-11-30 | Fidelity Nasdaq Composite Index Fund | FNCMX | 12,029 | 19,847.85 | 0.0001 |