Professional
Added to YB: 2025-05-20
Pitch date: 2025-05-16
HOVR [neutral]
New Horizon Aircraft Ltd.
-2.82%
current return
Author Info
Trickle Research is an independent microcap research firm. Visit the website.
Company Info
New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, focuses on designing and developing hybrid electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the Uinted States.
Market Cap
$30.0M
Pitch Price
$0.71
Price Target
1.60 (+135%)
Dividend
N/A
Sector
Aerospace and Defense
Category
growth
New Horizon Aircraft Ltd. Allocation Increase
HOVR (increased position): First eVTOL aircraft to achieve stable transition with fan-in-wing design, ahead of projected timeline. Cavorite X7 targets 250mph speed, 500-mile range. Milestone reduces tech risk, validates platform vs competitors. $18M market cap severely discounted vs JOBY ($5.7B), EVEX ($1.3B). Analyst raises allocation from 4 to 5, PT $1.60 (3x upside).
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