Horizon Aircraft and MHIRJ Join Forces to Advance Regional Air Mobility [Yahoo! Finance]
New Horizon Aircraft Ltd. - Class A Ordinary Shares (HOVR)
Company Research
Source: Yahoo! Finance
TORONTO, ON / ACCESS Newswire / April 8, 2026 / New Horizon Aircraft Ltd. ("Horizon Aircraft" or the "Company") (NASDAQ:HOVR) announces its agreement with MHI RJ Aviation Group (MHIRJ), a subsidiary of Mitsubishi Heavy Industries Ltd. This collaboration aims to support the ongoing development of Horizon Aircraft's hybrid-electric VTOL (Vertical Take-Off and Landing) aircraft, the Cavorite X7. Through this collaboration, MHIRJ will provide specialist engineering services focused on the design and development of flight test instrumentation for the Cavorite X7. This effort is essential to enable critical data collection from the aircraft's flight test program expected to begin in early 2027. In addition, MHIRJ will offer broad engineering support and utilize its regional aviation expertise to help move the Cavorite X7 program forward. "We're excited to team up with Horizon Aircraft on their innovative Cavorite X7 project. With our expertise in engineering and regional aviation, we b
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News
- Hybrid eVTOLs: Fireside Chat with New Horizon Aircraft CEO Brandon Robinson [Yahoo! Finance]Yahoo! Finance
- Canada's defence splurge tests whether local firms can beat legacy US suppliers [Wealth Professional (Canada)]Wealth Professional
- Horizon Aircraft to Participate in Upcoming Industry Events [Yahoo! Finance Canada]Yahoo! Finance Canada
- New Horizon Aircraft (NASDAQ:HOVR) is now covered by analysts at JonesTrading. They set a "buy" rating and a $18.00 price target on the stock.MarketBeat
- New Horizon Aircraft (NASDAQ:HOVR) had its "buy" rating reaffirmed by analysts at D. Boral Capital. They now have a $11.00 price target on the stock.MarketBeat
HOVR
Earnings
- 1/14/26 - Miss
HOVR
Sec Filings
- 2/12/26 - Form 4
- 2/12/26 - Form 4
- 2/12/26 - Form 4
- HOVR's page on the SEC website