Welcome to our dedicated page for New Horizon Aircraft news (Ticker: HOVRW), a resource for investors and traders seeking the latest updates and insights on New Horizon Aircraft stock.
New Horizon Aircraft Ltd (HOVRW) is a pioneering aerospace developer creating hybrid electric vertical take-off and landing (VTOL) aircraft for regional connectivity and emergency response. This news hub provides investors and industry observers with essential updates on technological advancements, regulatory milestones, and strategic partnerships.
Access real-time information about HOVRW's progress in sustainable aviation, including prototype testing phases, manufacturing expansion plans, and certification updates. Our curated collection features official press releases covering product development breakthroughs, strategic collaborations, and market expansion initiatives that shape the future of regional air mobility.
Key updates include progress reports on hybrid propulsion system validation, VTOL safety certifications, and deployment scenarios for disaster relief operations. The resource serves as a neutral reference for understanding HOVRW's position in the competitive advanced air mobility sector while adhering to financial disclosure standards.
Bookmark this page for streamlined access to HOVRW's evolving story as it works to transform transportation infrastructure through innovative aerospace engineering. Verify critical developments directly through primary source materials while maintaining awareness of industry-wide electrification trends.
Horizon Aircraft (NASDAQ:HOVR), a developer of hybrid electric Vertical Take-Off and Landing (eVTOL) aircraft, has announced significant technical progress in their development program. The company achieved a major milestone in May 2025 with one of the world's first successful fan-in-wing forward transition flights using their large-scale prototype.
Key developments include the commencement of a full-scale aircraft construction with initial testing planned in 18 months, completion of platform level architecture, and active testing of main wing propulsion units featuring patented HOVR Wing technology. The company has also expanded its senior technical team by 50% in 2025 and is working towards certification for Instrument Flight Rules (IFR) and Flight Into Known Icing (FIKI) with Transport Canada Civil Aviation.
New Horizon Aircraft (NASDAQ: HOVR), a developer of hybrid electric Vertical Take-Off and Landing (VTOL) aircraft, has announced its participation in four major industry conferences during September 2025.
The company will attend the Gabelli Aerospace & Defense Symposium (Sept. 4), Deutsche Bank Aviation Forum (Sept. 4), H.C. Wainwright Global Investment Conference (Sept. 8-10), and Rare Earth Mines, Magnets and Motors 2025 (Sept. 23-24). Management will engage in investor meetings, with a fireside chat at Gabelli and a panel discussion with prototype display at the Rare Earth event.
Horizon Aircraft (NASDAQ: HOVR), a developer of hybrid electric Vertical Take-Off and Landing (VTOL) aircraft, has released its Q4 and full-year 2025 business update. The company achieved a significant milestone by completing one of the world's first successful fan-in-wing forward transition flights with their large-scale prototype in May 2025.
The company reported a strong financial position with $17 million in cash, providing 18+ months of liquidity. Horizon has strengthened its engineering team with four key hires and secured significant non-dilutive government funding grants. The company's Cavorite X7 aircraft is positioned to lead in key performance metrics including speed, range, and payload capacity.
Horizon Aircraft (NASDAQ: HOVR), a developer of hybrid electric Vertical Take-Off and Landing (eVTOL) aircraft, has secured a $450,000 NSERC Applied Research and Development grant. This funding, combined with previous grants, brings the total NSERC Federal funding to over $3.4 million.
The company is collaborating with Fleming College and Ontario Tech University on hybrid-electric eVTOL development through a multi-year NSERC-funded partnership. Horizon Aircraft recently achieved a significant milestone with the world's first successful fan-in-wing transition flight using their HOVR wing technology and is currently constructing a piloted, full-scale hybrid electric VTOL prototype aircraft.
Horizon Aircraft (NASDAQ: HOVR), a developer of hybrid eVTOL aircraft, has announced plans to collaborate with ZeroAvia, a leader in hydrogen-electric powertrains, to explore zero-emission regional air travel solutions. The partnership will focus on evaluating ZeroAvia's ZA600 hydrogen-electric powertrain for potential integration into Horizon's Cavorite X7 fan-in-wing eVTOL aircraft.
The collaboration aims to accelerate research into necessary infrastructure and certification guidelines for zero-emission aviation. This strategic partnership represents Horizon Aircraft's first step towards developing zero-emission regional air travel capabilities, with a focus on practical implementation and operational efficiency.
Horizon Aircraft (NASDAQ: HOVR), a developer of hybrid eVTOL aircraft, has announced that it has regained compliance with Nasdaq Capital Market's minimum bid price requirement under Listing Rule 5550(a)(2). The company, which specializes in advanced aerospace engineering and is developing one of the world's first hybrid electric Vertical Take-Off and Landing aircraft, has successfully resolved its listing compliance issues with Nasdaq.
Horizon Aircraft (NASDAQ: HOVR), a developer of hybrid eVTOL aircraft, has announced a strategic partnership with renowned mobility designer Andrea Mocellin to enhance the design of their Cavorite X7 hybrid-electric aircraft.
Mocellin, who brings extensive experience from companies like Lilium, Alfa Romeo, Maserati, and NIO, will focus on refining the aircraft's exterior form, proportions, and key design elements. The collaboration aims to integrate functionality with aesthetics while optimizing aerodynamics and user experience. The Cavorite X7's interior will be designed to support multiple configurations without compromising comfort.
Horizon Aircraft (NASDAQ: HOVR), a developer of hybrid eVTOL (electric Vertical Take-Off and Landing) aircraft, has announced its participation in the upcoming Jefferies eVTOL/AAM Summit on May 28, 2025. The event will be held virtually, with management scheduled to present at 10am ET. The presentation will be available via live webcast, with a 30-day replay period on the company's website. Company management will also be available for one-on-one meetings during the conference.
Horizon Aircraft (NASDAQ: HOVR) has achieved a significant milestone with its Cavorite X7 eVTOL aircraft, becoming the first to accomplish a stable transition using fan-in-wing design. The company's patented technology combines modern electric motors and batteries to create a simplified and safer eVTOL system. The hybrid electric aircraft is projected to reach speeds of up to 250 mph and cover operational ranges exceeding 500 miles with fuel reserves.
Unlike competitors using complicated multi-copter rotating nacelles or heavy tilt-wing mechanisms, Horizon's design features multiple redundancy layers and a simpler transition mechanism. The company is currently constructing a full-scale, piloted technical demonstrator to further validate their approach.
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