Horizon Aircraft Positioned for Increased Investment as a Small-Cap Stock with its Disruptive Aerospace Technology
New Horizon Aircraft (NASDAQ: HOVR), an advanced aerospace engineering company, has commissioned a study indicating a potential strong return of investors to small and micro-cap companies with unique and sustainable technologies. The global study, involving fund managers with $82.4 billion in assets under management, found that 76% of respondents anticipate increased exposure to small and micro-caps over the next 6-12 months.
Horizon Aircraft is developing the Cavorite X7, an electric Vertical Take-Off and Landing (eVTOL) aircraft with patented HOVR wing technology. This hybrid eVTOL is designed to fly 98% of its mission like a normal aircraft, offering superior range, speed, and payload in its class. With an estimated maximum speed of 250 mph and a range over 500 miles, the Cavorite X7 could potentially disrupt the regional air travel market, excelling in medical evacuation, critical supply delivery, and special military missions.
New Horizon Aircraft (NASDAQ: HOVR), un'azienda avanzata di ingegneria aerospaziale, ha commissionato uno studio che indica un potenziale forte ritorno per gli investitori in aziende small e micro-cap con tecnologie uniche e sostenibili. Lo studio globale, che ha coinvolto gestori di fondi con 82.4 miliardi di dollari in attivi gestiti, ha rilevato che il 76% degli intervistati prevede un aumento dell'esposizione a small e micro-cap nei prossimi 6-12 mesi.
Horizon Aircraft sta sviluppando il Cavorite X7, un aereo eVTOL elettrico con tecnologia brevettata delle ali HOVR. Questo eVTOL ibrido è progettato per volare il 98% della sua missione come un normale aereo, offrendo un'eccezionale autonomia, velocità e capacità di carico nella sua categoria. Con una velocità massima stimata di 250 mph e una gamma superiore ai 500 miglia, il Cavorite X7 potrebbe potenzialmente rivoluzionare il mercato dei viaggi aerei regionali, eccellendo nelle evacuazioni mediche, nella consegna di forniture critiche e in missioni militari speciali.
New Horizon Aircraft (NASDAQ: HOVR), una empresa avanzada de ingeniería aeroespacial, ha encargado un estudio que indica un posible fuerte retorno de los inversores a las empresas de pequeña y microcapitalización con tecnologías únicas y sostenibles. El estudio global, que involucró a gestores de fondos con 82.4 mil millones de dólares en activos bajo gestión, encontró que el 76% de los encuestados anticipa una mayor exposición a las pequeñas y micro-capitalizaciones en los próximos 6-12 meses.
Horizon Aircraft está desarrollando el Cavorite X7, una aeronave eVTOL eléctrica con tecnología de alas HOVR patentada. Este eVTOL híbrido está diseñado para volar el 98% de su misión como un avión normal, ofreciendo rango, velocidad y carga útil superiores en su clase. Con una velocidad máxima estimada de 250 mph y un alcance de más de 500 millas, el Cavorite X7 podría potencialmente interrumpir el mercado de viajes aéreos regionales, destacándose en evacuaciones médicas, entrega de suministros críticos y misiones militares especiales.
뉴 호라이즌 항공사 (NASDAQ: HOVR), 고급 항공우주 공학 회사가 독특하고 지속 가능한 기술을 가진 소형 및 마이크로 캡 기업에 대한 투자자의 강력한 복귀 가능성을 나타내는 연구를 의뢰했습니다. 82.4억 달러의 자산을 관리하는 펀드 매니저들이 참여한 글로벌 연구 결과, 76%의 응답자가 향후 6-12개월 동안 소형 및 마이크로 캡에 대한 노출이 증가할 것으로 예상하고 있습니다.
호라이즌 항공사는 특허받은 HOVR 날개 기술을 가진 전기 수직 이착륙 비행기 (eVTOL) Cavorite X7을 개발하고 있습니다. 이 하이브리드 eVTOL는 일반 항공기처럼 임무의 98%를 비행하도록 설계되었으며, 동급에서 우수한 항속 거리, 속도 및 페이로드를 제공합니다. 최대 속도가 250mph, 항속 거리가 500마일을 초과하는 Cavorite X7은 지역 항공 여행 시장을 혁신할 수 있는 잠재력을 가지고 있으며, 의료 대피, 중요한 공급 배송 및 특별 군사 임무에서 두각을 나타낼 수 있습니다.
New Horizon Aircraft (NASDAQ: HOVR), une entreprise d'ingénierie aérospatiale avancée, a commandé une étude indiquant un potentiel fort retour des investisseurs vers des entreprises de petite et micro-cap avec des technologies uniques et durables. L'étude mondiale, impliquant des gestionnaires de fonds ayant 82,4 milliards de dollars d'actifs sous gestion, a révélé que 76% des répondants prévoient une augmentation de leur exposition aux petites et micro-cap au cours des 6 à 12 prochains mois.
Horizon Aircraft développe le Cavorite X7, un avion eVTOL électrique avec une technologie de ailes HOVR brevetée. Cet eVTOL hybride est conçu pour voler 98% de sa mission comme un avion normal, offrant une autonomie, une vitesse et une charge utile supérieures dans sa catégorie. Avec une vitesse maximale estimée de 250 mph et une portée de plus de 500 miles, le Cavorite X7 pourrait potentiellement révolutionner le marché du transport aérien régional, excellant dans les évacuations médicales, la livraison de fournitures critiques et des missions militaires spéciales.
New Horizon Aircraft (NASDAQ: HOVR), ein fortschrittliches Unternehmen im Bereich der Luft- und Raumfahrttechnik, hat eine Studie in Auftrag gegeben, die auf eine potenziell starke Rückkehr von Investoren in kleine und Mikro-Cap-Unternehmen mit einzigartigen und nachhaltigen Technologien hinweist. Die globale Studie, an der Fondsmanager mit 82,4 Milliarden Dollar verwaltetem Vermögen beteiligt waren, ergab, dass 76% der Befragten eine erhöhte Exposition gegenüber kleinen und Mikro-Caps in den nächsten 6-12 Monaten erwarten.
Horizon Aircraft entwickelt den Cavorite X7, ein elektrisches Vertikalstart- und Landeflugzeug (eVTOL) mit patentierter HOVR-Flügeltechnologie. Dieses hybride eVTOL ist so konzipiert, dass es 98% seines Einsatzes wie ein normales Flugzeug fliegt und überlegene Reichweite, Geschwindigkeit und Nutzlast in seiner Klasse bietet. Mit einer geschätzten Höchstgeschwindigkeit von 250 mph und einer Reichweite von über 500 Meilen könnte der Cavorite X7 potenziell den Markt für regionale Flugreisen revolutionieren, indem er in medizinischen Evakuierungen, der Lieferung kritischer Versorgung und speziellen Militärmissionen überragend ist.
- 76% of fund managers anticipate increased exposure to small and micro-caps over the next 6-12 months
- Cavorite X7 eVTOL aircraft designed to fly 98% of its mission like a normal aircraft, potentially improving safety and certification process
- Estimated maximum speed of 250 mph and range over 500 miles, superior to comparable helicopters
- Hybrid electric system provides in-flight battery recharging and system redundancy
- Potential applications in medical evacuation, critical supply delivery, and special military missions
- Cavorite X7 is still in development and testing phase
- Regulatory approval for commercial use not yet obtained
- Potential competition from other eVTOL developers in the market
Insights
The study commissioned by Horizon Aircraft reveals a potentially significant shift in investor sentiment towards small and micro-cap companies. With
However, it's important to note that this study, while insightful, was commissioned by Horizon itself, which may introduce some bias. Investors should consider this information alongside broader market analyses and company-specific performance metrics. The potential
Horizon Aircraft's Cavorite X7 eVTOL aircraft presents some intriguing technological advantages. The patented HOVR wing technology, allowing
The aircraft's reported maximum speed of 250 miles per hour and range of over 500 miles are impressive specifications that could indeed disrupt regional air travel if achieved. However, these are still projected figures and the path from prototype to certified, commercially viable aircraft is often long and challenging in the aerospace industry. The ongoing testing and development of a full-scale demonstrator will be important milestones to watch.
While the potential for increased investment in small-cap stocks is promising for Horizon Aircraft, investors should approach this news with cautious optimism. The company's innovative technology and market positioning in the emerging eVTOL sector present intriguing growth prospects. However, as a small-cap stock in a capital-intensive industry, Horizon faces significant financial challenges and risks.
The lack of concrete financial figures in this release makes it difficult to assess the company's current financial health or near-term prospects. Investors should closely monitor Horizon's burn rate, cash reserves and progress towards revenue generation. The path to profitability in the aerospace industry, especially for new technologies, can be long and capital-intensive. While increased investor interest could provide easier access to capital, it doesn't guarantee success in this highly competitive and regulated market.
TORONTO, Sept. 05, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), the advanced aerospace engineering company and developer of an electric Vertical Take-Off and Landing (eVTOL) aircraft, has commissioned a study that indicates a strong return by investors to small and micro-cap companies with unique and sustainable technologies may be imminent.
The global study with small and micro-cap fund managers in the US, Canada, Europe, the Middle East and Asia with collectively
Brandon Robinson, CEO of Horizon Aircraft, commented, “Investors are once again being drawn to smaller public companies that offer much more upside potential. In our case, offering cutting edge aerospace technology that enables a new way to move people and goods around our crowded planet is a perfect example of how smaller companies are helping to build a better, more sustainable future.”
Horizon Aircraft is developing an eVTOL aircraft that stands out amongst its peers. With its patented HOVR wing technology that allows it to fly
Horizon Aircraft’s hybrid eVTOL, the Cavorite X7, is designed to perform at a speed of almost twice that of a comparable helicopter while operating at a materially lower cost. With an estimated maximum speed of 250 miles per hour and an average range of over 500 miles with fuel reserves, Horizon believes that this aircraft, if eventually licensed for commercial use, would be well-positioned to excel in medical evacuation, critical supply delivery, disaster relief, and special military missions.
The Company believes that flying most of the time as a normal aircraft is also safer and will make the aircraft easier to certify than other radical new eVTOL designs. The Cavorite X7 will be powered by a hybrid electric system that will recharge the battery array in-flight and post-flight, while also providing significant system redundancy. The Company is continuing the testing of its large-scale prototype and is in active design and manufacturing of a full-scale technical demonstrator aircraft.
Notes to Editors
* Horizon Aircraft commissioned the market research company PureProfile to survey 100 small and micro-cap fund managers in the US, Canada, Europe, the Middle East and Asia with collectively
About Horizon Aircraft
Horizon Aircraft (NASDAQ: HOVR) is an advanced aerospace engineering company that is developing one of the world’s first hybrid eVTOL that is to be able to fly most of its mission exactly like a normal aircraft while offering industry-leading speed, range, and operational utility. Horizon’s unique designs put the mission first and prioritize safety, performance, and utility. Horizon hopes to successfully complete testing and certification of its Cavorite X7 eVTOL quickly and then enter the market and service a broad spectrum of early use cases. Visit www.horizonaircraft.com for more information.
Forward-Looking Statements
The information in this press release contains certain “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “aim,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result” and similar expressions, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) changes in the markets in which Horizon competes, including with respect to its competitive landscape, technology evolution or regulatory changes; (ii) the risk that Horizon will need to raise additional capital to execute its business plans, which may not be available on acceptable terms or at all; (iii) the ability of the parties to recognize the benefits of the business combination agreement and the business combination; (iv) the lack of useful financial information for an accurate estimate of future capital expenditures and future revenue; (v) statements regarding Horizon’s industry and market size; (vi) financial condition and performance of Horizon, including the anticipated benefits, the implied enterprise value, the expected financial impacts of the business combination, the financial condition, liquidity, results of operations, the products, the expected future performance and market opportunities of Horizon; (vii) Horizon’s ability to develop, certify, and manufacture an aircraft that meets its performance expectations; (viii) successful completion of testing and certification of Horizon’s Cavorite X7 eVTOL; (ix) the targeted future production of Horizon’s Cavorite X7 aircraft; and (x) those factors discussed in our filings with the SEC. You should carefully consider the foregoing factors and the other risks and uncertainties that will be described in the “Risk Factors” section of the Proxy Statement and other documents to be filed by New Horizon from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward- looking statements, and while Horizon may elect to update these forward-looking statements at some point in the future, they assume no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law. Horizon does not give any assurance that Horizon will achieve its expectations.
Contacts
Horizon Aircraft Inquiries (PR):
Phil Anderson
Phone: +44 (0)7767 491 519
Phil@perceptiona.com
Investor Contacts:
Shannon Devine and Rory Rumore
MZ Group
Phone: (203) 741-8841
HorizonAircraft@mzgroup.us
FAQ
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