New Horizon Aircraft Ltd. (HOVR)
NASDAQ: HOVR · Real-Time Price · USD
2.420
+0.160 (7.08%)
At close: May 1, 2026, 4:00 PM EDT
2.371
-0.049 (-2.01%)
After-hours: May 1, 2026, 7:50 PM EDT
New Horizon Aircraft Earnings Call Transcripts
Fiscal Year 2026
-
Hybrid-electric aircraft development is on track, with a full-scale prototype expected by year-end and strong strategic partnerships in place. Operating costs are projected to be up to 75% lower than peers, supported by $20 million in cash and non-dilutive funding.
-
Strong liquidity and strategic partnerships support rapid development of a hybrid-electric eVTOL, with the X7 targeting all-weather, long-range missions and projected seat-mile costs far below industry peers. Certification and prototype milestones are on track for 2026–2027.