Horizon Aircraft to Participate in Upcoming Industry Events
Rhea-AI Summary
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.
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News Market Reaction – HOVR
On the day this news was published, HOVR declined 4.90%, reflecting a moderate negative market reaction. Argus tracked a trough of -4.1% from its starting point during tracking. Our momentum scanner triggered 8 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $4M from the company's valuation, bringing the market cap to $86M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
HOVR is up 3.55% while momentum peer MOB shows a 4.04% decline and other peers are mixed, suggesting a stock-specific reaction to the event participation news rather than a broad aerospace move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 10 | Manufacturing partnership | Positive | -2.1% | North Aircraft to manufacture and test custom composite wings for Cavorite X7. |
| Jan 29 | Manufacturing partnership | Positive | -7.2% | RAMPF to build lightweight, high-strength fuselage for hybrid-electric Cavorite X7. |
| Jan 23 | Conference participation | Neutral | -2.0% | Management attending DealFlow conference and Singapore Airshow with presentations and meetings. |
| Jan 21 | Technical update | Positive | +10.9% | Key Cavorite X7 design changes, including 12 lift fans and drag-reducing airframe tweaks. |
| Jan 14 | Earnings and update | Positive | +5.0% | Q2 results with >$24M cash, INSAT grant, and progress toward 2027 demonstrator. |
Recent partnership and conference announcements often saw weak or negative next-day reactions, while more substantial technical or business updates tended to align with positive price moves.
Over the last few months, Horizon Aircraft has reported several milestones, including Q2 fiscal 2026 results with >$24M cash and an estimated $10.5M INSAT grant, technical advances for the Cavorite X7, and multiple manufacturing partnerships. Event participation updates, such as conferences and trade shows, previously drew modest or negative moves, whereas detailed technical and financial updates on Jan 14 and Jan 21 coincided with gains. Today’s industry event schedule fits the pattern of visibility-focused, rather than fundamental, news.
Market Pulse Summary
This announcement lays out Horizon Aircraft’s participation in several industry conferences and forums through March and April 2026, including opportunities for 1x1 meetings, policy engagement, and live panel discussions. In recent months, more substantive updates—like cash levels above $24M, an estimated $10.5M grant, and Cavorite X7 design advances—have been key milestones. Investors may watch how this event schedule translates into partnerships, technical progress, or funding developments relative to prior news flow.
AI-generated analysis. Not financial advice.
TORONTO, ONTARIO / ACCESS Newswire / February 27, 2026 / New Horizon Aircraft Ltd. ("Horizon Aircraft" or the "Company") (NASDAQ:HOVR) announces that management of the Company will participate in the following upcoming events:
Event: Prospectors & Developers Association of Canada (PDAC)
Date: March 1-4, 2026
Location: Toronto - Metro Toronto Convention Centre
Event Link: https://pdac.ca/convention-2026
The Company will be available for 1x1 meetings.
Event: Verticon 2026
Date: March 9-12, 2026
Location: Atlanta - Georgia World Congress Center
Event Link: https://verticon.org/
The Company will be available for 1x1 meetings.
Event: AIAC Aerospace on the Hill 2026
Date: March 10-11, 2026
Location: Ottawa - Parliament Hill
The Company will engage in programming and connect with Canada's top policy and decision-makers.
Event: Quebec Air Transport Association 2026 Convention
Date: March 18-20, 2026
Location: Montréal - Marriott Château Champlain
Event Link: https://www.aqta.ca/actualites/6155-congres-annuel-de-l-aqta-2026.html
The Company will participate in a live panel discussion and will be available for informal conversations.
Event: International Aerospace Innovation Forum
Date: April 13-14, 2026
Location: Montréal - Palais des congrès de Montréal
Event Link: https://aeromontreal.ca/en/events/forum_innovation_2026-2/
The Company will participate in a live panel discussion and will be available for informal conversations. The Company's large-scale prototype will be showcased with team members present to engage in discussion.
About Horizon Aircraft
Horizon Aircraft (NASDAQ:HOVR) is an advanced aerospace engineering company that is developing one of the world's first hybrid-electric VTOL (Vertical Take-Off and Landing) aircraft designed to fly most of its mission in traditional wing-borne flight, offering industry-leading speed, range, and operational utility. Horizon Aircraft's unique designs put the mission first and prioritize safety and performance. Upon successful completion of testing and certification of its full-scale aircraft, Horizon Aircraft intends to scale unit production to meet expected demand from regional operators, emergency service providers, and military customers.
For further information, visit:
Website www.horizonaircraft.com
LinkedIn https://www.linkedin.com/company/horizon-aircraft-inc
For further information, contact:
Investors:
Kathryn Burns
ir@horizonaircraft.com
Media:
Edwina Frawley-Gangahar
EFG Media Relations
+44 7580 174672
edwina@efgmediarelations.com
SOURCE: Horizon Aircraft
View the original press release on ACCESS Newswire
FAQ
When will Horizon Aircraft (HOVR) be at PDAC 2026 in Toronto?
What is Horizon Aircraft (HOVR) doing at Verticon 2026 in Atlanta?
Will Horizon Aircraft (HOVR) appear at AIAC Aerospace on the Hill 2026 in Ottawa?
Is Horizon Aircraft (HOVR) presenting or exhibiting in Montréal in March–April 2026?
Can investors schedule meetings with Horizon Aircraft (HOVR) at these events?
