Welcome to our dedicated page for New Horizon Aircraft news (Ticker: HOVR), a resource for investors and traders seeking the latest updates and insights on New Horizon Aircraft stock.
New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft, regularly issues news updates as it advances development of the Cavorite X7, one of the world’s first hybrid-electric VTOL (Vertical Take-Off and Landing) aircraft. This news feed aggregates the company’s press releases and related coverage so readers can follow key milestones in its aerospace engineering program.
Horizon Aircraft’s announcements often focus on technology and development progress, including prototype testing, full-scale aircraft assembly, and work on its hybrid-electric architecture. Updates have highlighted successful fan-in-wing transition flights of a large-scale prototype, progress toward a full-scale Cavorite X7, and preparation for aircraft certification. Readers can also find details on engineering partnerships, such as the selection of Pratt & Whitney Canada’s PT6A engine and collaboration with Motion Applied on a customized silicon carbide motor drive inverter.
Another recurring theme in HOVR news is all-weather capability. The company reports on Project CRYSTAL and a non-dilutive INSAT grant supporting development of an all-weather vertical propulsion system and ice protection technologies, with the goal of enabling IFR flight and Flight Into Known Icing conditions. These updates are relevant for investors and observers interested in how the Cavorite X7 is being positioned for missions such as medevac, search and rescue, disaster relief, and defense operations.
Horizon Aircraft also issues corporate and financial updates, including quarterly business updates, liquidity discussions, and information about government funding and capital markets activity. Governance and organizational news, such as board appointments and participation in industry conferences, appears alongside technical and program announcements. This page provides a single place to review those developments over time.
By reviewing the HOVR news feed, readers can track how New Horizon Aircraft Ltd. is progressing with its hybrid eVTOL program, building partnerships, and engaging with regional operators, emergency service providers, and military stakeholders as it develops the Cavorite X7.
Horizon Aircraft (NASDAQ:HOVR) will release fiscal third quarter 2026 results on April 14, 2026 before market open and host a webcasted earnings call at 8:30 am ET the same day.
Investors can access the call by phone (North America 888-506-0062; International 973-528-0011; Access Code 835351) or via the live webcast on Horizon Aircraft's investor relations site. Questions for management are invited by April 9, 2026 via ir@horizonaircraft.com; submitting investors will be added to the IR mailing list. A call archive will be available shortly after the event.
Horizon Aircraft (NASDAQ:HOVR) says its hybrid-electric VTOL, the Cavorite X7, is forecast to deliver up to 75% lower operating cost per available seat mile versus conventional helicopters, with a validated projected cost of US$0.97 per ASM. The X7 combines a hybrid turboprop cruise mode, patented fan-in-wing design, higher cruise speed (targeting 450 km/h), payload up to 680 kg, IFR and FIKI certification targets, and lower mechanical complexity to support higher utilization and year-round operations.
Horizon Aircraft (NASDAQ:HOVR) announced management will attend multiple industry events in March–April 2026 to meet investors, policymakers, and industry partners.
Key appearances: PDAC (Toronto, Mar 1–4), Verticon (Atlanta, Mar 9–12), AIAC Aerospace on the Hill (Ottawa, Mar 10–11), AQTA (Montréal, Mar 18–20), and the International Aerospace Innovation Forum (Montréal, Apr 13–14). The company will offer one-on-one meetings, panel participation, and will showcase its large-scale prototype.
Horizon Aircraft (NASDAQ:HOVR) announced a partnership with North Aircraft Industries to manufacture and structurally test the custom-engineered wings for Horizon's full-scale VTOL aircraft, the Cavorite X7. North will build lightweight composite wing structures and perform in-house structural testing upon manufacturing completion.
The Cavorite X7 wing design houses 12 embedded electric lift fans behind opening covers for vertical takeoff and landing, then closes covers for efficient fixed-wing forward flight. Horizon says North's work supports completion of the X7 and preparation for flight testing in 2027.
Horizon Aircraft (NASDAQ:HOVR) announced a manufacturing partnership with RAMPF Composite Solutions to build the fuselage for the Cavorite X7 hybrid-electric VTOL aircraft.
RAMPF will apply high-performance composite design and advanced manufacturing to deliver a lightweight, high-strength fuselage meeting aerospace durability and precision requirements.
Horizon Aircraft (NASDAQ:HOVR) announced management will attend two investor and industry events in early 2026. DealFlow Discovery Conference is scheduled for January 28-29, 2026 at The Borgata Hotel in Atlantic City, NJ, where management will deliver a live in-person presentation and hold 1x1 meetings. Singapore Airshow runs February 3-8, 2026 at Changi Exhibition Centre; Horizon Aircraft will exhibit in the Canadian pavilion and management will be available for 1x1 meetings from February 3-5, 2026.
Horizon Aircraft (NASDAQ:HOVR) released technical updates for its full-scale Cavorite X7 hybrid-electric VTOL on January 21, 2026. The company said its design work follows a successful May 2025 transition flight that validated its patented fan-in-wing technology.
Key changes: 12 vertical lift fans (five per wing, one per canard) using a dual-motor redundant architecture; replacement of four smaller canard fans with two wing-size fans to standardize units; reprofiled canard and tails to reduce drag; and a slightly extended cabin with redesigned windows to improve passenger comfort.
Horizon Aircraft (NASDAQ:HOVR) reported Q2 fiscal 2026 results and a business update for the period ended November 30, 2025. Key items: full-scale Cavorite X7 prototype assembly expected in 2026 with initial testing targeted in early 2027; > $24 million cash on hand to fund operations through 2026; receipt of an estimated $10.5 million non-dilutive INSAT grant for an all-weather eVTOL project; increased R&D as full-scale production advances; and engineering headcount doubled year-over-year with plans to double again by end-2026.
The company will host a conference call on January 14, 2026 at 8:30 a.m. ET and will post a webcast archive on its investor site.
Horizon Aircraft (NASDAQ:HOVR) will release its fiscal second quarter 2026 financial results on January 14, 2026 at 8:30 AM EST. Management will discuss the results and additional business and strategic information during a live conference call and webcast.
Investors can join by phone (North America: 888-506-0062; International: 973-528-0011; Access Code: 953458) or via the live webcast on Horizon Aircraft's investor relations site at https://ir.horizonaircraft.com/events-presentations. A replay will be available after the call.
Shareholders are invited to submit questions to hovr@fnkir.com by Friday, January 9, 2026; investors who submit questions will be added to the IR mailing list.
Horizon Aircraft (NASDAQ:HOVR) announced a partnership with Motion Applied to develop a custom motor drive inverter for the hybrid-electric VTOL Cavorite X7 on December 4, 2025. Motion Applied will design, manufacture, and test a compact air-cooled silicon carbide inverter based on its MCU-X platform that converts DC battery power to AC for the vertical lift motors.
The inverter is stated to weigh less than 3kg and aims to improve power efficiency, reduce cooling needs, and increase power density and range as Horizon moves toward a full-scale prototype and aircraft certification.