New Horizon Aircraft Earnings Call Transcripts
Fiscal Year 2026
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A hybrid-electric VTOL aircraft with patented technology is nearing full-scale prototype rollout and targets B2B markets like EMS and cargo, offering significant cost and operational advantages. Well-capitalized, the company is progressing toward certification in Canada, with strong industry partnerships and a focus on being a pure OEM.
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A hybrid-electric VTOL aircraft is nearing full-scale flight testing, offering twice the speed and five times the range of typical VTOLs, with 75% lower costs per mile. Strong interest spans EMS, logistics, and military sectors, with certification and production ramping up over the next year.
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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.
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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.