Welcome to our dedicated page for New Horizon Aircraft Ltd. news (Ticker: $HOVR), a resource for investors and traders seeking the latest updates and insights on New Horizon Aircraft Ltd. stock.
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Horizon Aircraft, a leading eVTOL aircraft developer, provided an update on the technical flight testing progress of its large-scale prototype eVTOL aircraft. The company continues to make significant strides in its transition flight testing program and has begun full-scale propulsion unit production. The patented yaw control system and HOVR Wing technology have been validated, enabling precise hover and performance in strong crosswinds. The company's Cavorite X7 eVTOL design is on track for completion and testing in 2026, promising to fly faster and carry more cargo than competitors.
Horizon Aircraft, a leading eVTOL aircraft developer, will participate in the EF Hutton Annual Global Conference on May 15, 2024. The management team will be available for meetings, showcasing the company's latest developments. Investors can schedule meetings through Investor Relations.
