Professional
Added to YB: 2025-04-24
Pitch date: 2025-04-21
HOVR [bullish]
New Horizon Aircraft Ltd.
+284%
current return
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
$114.2M
Pitch Price
$0.50
Price Target
1.60 (-17%)
Dividend
N/A
EV/EBITDA
-6.29
P/E
-30.26
EV/Sales
N/A
Sector
Aerospace and Defense
Category
growth
New Horizon Aircraft Ltd. - $HOVR
HOVR: Hybrid eVTOL Cavorite X7 aircraft for Regional Air Mobility market with 250mph speeds, 500mi range, 1,500lb payload. $6M price point with estimated 50% margin. Patented HOVR Wing tech enables vertical takeoff & efficient forward flight. Early commercial targets: medical, disaster, military & remote supply. Timeline to commercialization 36-48 months.
Read full article (43 min)