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.
New Horizon Aircraft (NASDAQ: HOVR) has published global research indicating a potential increase in small- and micro-cap stock allocations from both institutional and retail investors over the next 6-12 months. The study, involving fund managers with $82.4 billion in assets under management, reveals that 76% expect increased institutional exposure to small and micro-caps, with 34% anticipating a 25% or greater increase. For retail investors, 83% of fund managers predict increased allocations, with 52% expecting over 25% growth.
The research also highlights that about one-third of fund managers consider current exposure to small and micro-caps as underweight for both institutional and retail investors. Horizon Aircraft's CEO, Brandon Robinson, suggests that anticipated interest rate cuts and improving market conditions may drive this shift towards smaller cap stocks, which often offer higher growth potential during economic rebounds.
Horizon Aircraft (NASDAQ: HOVR), a pioneer in hybrid electric Vertical TakeOff and Landing (eVTOL) aircraft, has announced its participation in the Farnborough International Airshow 2024. The event, scheduled for July 22-26, 2024, in Farnborough, England, is a premier aerospace and defense industry gathering.
The airshow offers unparalleled opportunities to explore cutting-edge technology, forge partnerships, and collaborate on sustainable aerospace initiatives. Horizon's management team will be available for meetings throughout the event, providing a platform for potential investors and industry partners to engage with the company.
Held biennially, the Farnborough Airshow is a global hub for aerospace innovation, networking, and business development. Horizon's presence at this prestigious event underscores its commitment to advancing eVTOL technology and expanding its industry footprint.
Horizon Aircraft (NASDAQ: HOVR) has appointed Phil Kelly as Senior Vice President Business Development. Phil Kelly, a veteran Harrier Jump Jet pilot and former Head of Aircraft Development for the UK Royal Navy and Royal Marines, brings four decades of aerospace experience to Horizon. His expertise in VTOL aircraft will be instrumental as Horizon progresses with the development of its Cavorite X7, a hybrid electric eVTOL with a seven-seat capacity. The Cavorite X7 aims to revolutionize sectors such as regional mobility and medical services with its high speed (250 mph) and long range (500 miles). Horizon continues testing its 50%-scale model, reducing technical risks before full-scale production.
Horizon Aircraft, a leading developer of hybrid electric Vertical TakeOff and Landing (eVTOL) aircraft, will participate in the 2nd Annual Jefferies eVTOL / AAM Summit.
The event will take place on May 30, 2024, at 9:10am Eastern Time. Horizon Aircraft's management team will engage in a virtual fireside chat and will be available for one-on-one meetings.
Investors can contact Jefferies representatives or Horizon Aircraft’s Investor Relations to schedule meetings. The fireside chat will be live-streamed, with a replay available on the company’s investor relations website.
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.
FAQ
What is the current stock price of New Horizon Aircraft (HOVRW)?
