Japanese Investors Believe Increased Global Urbanisation is Set to Fuel Growth in eVTOL Sector
New Horizon Aircraft Ltd. - Class A Ordinary Shares (HOVR)
Company Research
Source: GlobeNewswire
65% of Japanese professional investors believe the need to address transportation issues amidst increasing urban populations will be a key driver of eVTOL market growth More than two in five (43%) Japanese investors predict the first eVTOL commercial passenger routes to be operational by 2026 TORONTO, March 19, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, publishes new global research* that indicates the global trend towards urbanisation is believed by Japanese private equity, venture capital and family office investors to be a key driver behind the anticipated growth in the eVTOL. The study from PureProfile, commissioned by the Company, surveyed investors in Japan responsible for more than $423 billion assets under management. It has been predicted** that 65% of the global population will be living in
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News
- Horizon Aircraft Provides Update on Technical Flight Testing Progress [Yahoo! Finance]Yahoo! Finance
- Horizon Aircraft Provides Update on Technical Flight Testing ProgressGlobeNewswire
- Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of New Horizon Aircraft Ltd. (HOVR, HOVRW) on Behalf of InvestorsBusiness Wire
- INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of New Horizon Aircraft Ltd. (HOVR, HOVRW) on Behalf of InvestorsBusiness Wire
- The Law Offices of Frank R. Cruz Announces Investigation of New Horizon Aircraft Ltd. (HOVR, HOVRW) on Behalf of InvestorsBusiness Wire
HOVR
Sec Filings
- 5/13/24 - Form 424B3
- 5/13/24 - Form EFFECT
- 5/10/24 - Form 8-K
- HOVR's page on the SEC website