Added to YB: 2026-05-06
Pitch date: 2026-05-01
HOVR [neutral]
New Horizon Aircraft Ltd.
-1.26%
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
$148.7M
Pitch Price
$2.39
Price Target
N/A
Dividend
N/A
EV/EBITDA
-6.05
P/E
-3.85
EV/Sales
N/A
Sector
Aerospace and Defense
Category
growth
Multibaggers, Turnarounds and Steady Eddies - New Horizon Aircraft Ltd.
HOVR (holding update): eVTOL prototype complete. 3 tier-1 partnerships de-risk program: RAMPF (fuselage), North Aircraft (wing mfg), MHIRJ (flight test, rallied ~20% on news). $20M cash funds thru FY27. Big-4 validated $0.97/ASM cost vs $2.50-$4.00+ legacy helicopters. Potential MHI equity/offtake or Bombardier Defense JV. Non-dilutive gov funding pillar.
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