New Horizon Aircraft Ltd. - Class A Ordinary Shares (HOVR)

On Thursday, New Horizon Aircraft (NASDAQ:HOVR) discussed fourth-quarter financial results during its earnings call. The full transcript is provided below. Benzinga APIs provide real-time access to earnings call

New Horizon Aircraft (NASDAQ:HOVR) said it ended fiscal 2026 with its strongest balance sheet to date and is moving from technology validation toward full-scale construction of its Cavorite X7 hybrid electric vertical takeoff and landing aircraft. On the company’s fiscal fourth-quarter and year-end

Companies Reporting Before The Bell • U.S. Bancorp (NYSE:USB) is likely to report quarterly earnings at $1.27 per share on revenue of $7.59 billion. • New Horizon Aircraft (NASDAQ:HOVR) is expected to report earnings

TORONTO, ON / ACCESS Newswire / July 16, 2026 / New Horizon Aircraft Ltd. ("Horizon Aircraft" or the "Company") (NASDAQ:HOVR), an advanced aerospace company developing one of the first hybrid-electric Vertical Takeoff and Landing (VTOL) aircraft, today reported its financial and operational results for the fourth quarter of fiscal 2026 ending May 31, 2026.

BETA's advanced flight controls system will provide maximum precision, stability, safety and efficiency for Horizon Aircraft's Cavorite X7 hybrid-electric VTOL aircraft

ORLANDO, FL / ACCESS Newswire / July 7, 2026 / RedChip Companies, an industry leader in investor relations, media, and research for microcap and small-cap companies, today announced its upcoming virtual investor conference, Vertical Economy: The Race to Dominate the Skies, taking place July 16, 2026, from 9:30 a.m. to 4:00 p.m. ET.

Company Invites Investors to Submit Questions to be Answered on the Webcasted Earnings Call

TORONTO, ON / ACCESS Newswire / June 25, 2026 / New Horizon Aircraft Ltd. ("Horizon Aircraft" or the "Company") (NASDAQ:HOVR) announces its participation in the Farnborough International Airshow 2026, one of the world's premier aerospace and defence events. From July 20-24, 2026, the Company's senior leadership team will meet with global aerospace and defence stakeholders to discuss the Cavorite X7, Horizon Aircraft's dual-use hybrid eVTOL designed for a wide range of time-critical commercial and defence missions.

Global aviation engineering and defense expert Marshall Aerospace supports Horizon Aircraft's hybrid eVTOL development and certification process

As investor interest grows around drones, AI infrastructure, autonomous systems, defense technology, and urban air mobility, Mobix Labs (NASDAQ: MOBX) announced it has signed a Letter of Intent to acquire Vision Aerial , a Montana-based manufacturer of American-built drones serving national security, public safety, energy, and critical infrastructure markets.

Former Bombardier, Vertical Aerospace, and CAE engineering leader will help drive the development and certification of Horizon Aircraft's next-generation hybrid eVTOL

The future of transportation is rapidly becoming reality as the Federal Aviation Administration (FAA) advances electric air taxi testing programs across 26 U.S. states, paving the way for commercial passenger services expected to launch throughout 2026. Markets including Texas, New York City, Florida, North Carolina, Oklahoma, and regions across the Pacific Northwest and Rocky Mountains are among the first expected to benefit from next-generation air mobility networks.

TORONTO, ON / ACCESS Newswire / May 27, 2026 / New Horizon Aircraft Ltd. ("Horizon Aircraft" or the "Company") (NASDAQ:HOVR), an advanced aerospace company developing one of the first hybrid-electric Vertical Takeoff and Landing (VTOL) aircraft, today announced the closing of its previously announced registered direct offering pursuant to a definitive agreement with the same institutional investors from its May 08, 2026 offering for the purchase and sale of an aggregate of 9,960,160 Class A Ordinary Shares ("Common Shares") (or Common Share equivalents). The gross proceeds to the Company were approximately $25 million, before deducting offering expenses. The Company intends to use the net proceeds from the offering to fully fund the completion of the Cavorite X7 prototype and advance the program toward testing, certification and commercial production.

The offering was led by the Company's largest existing U.S. institutional shareholders

Cert Center Canada has streamlined Horizon Aircraft's dual-use readiness as Canada prioritizes domestic aircraft procurement to boost national security

TORONTO, ON / ACCESS Newswire / May 11, 2026 / New Horizon Aircraft Ltd. ("Horizon Aircraft" or the "Company") (NASDAQ:HOVR), an advanced aerospace company developing one of the first hybrid-electric Vertical Takeoff and Landing (VTOL) aircraft, today announced the closing of its previously announced registered direct offering pursuant to a definitive agreement with certain institutional investors for the purchase and sale of an aggregate of 9,254,889 Class A Ordinary Shares ("Common Shares"). The gross proceeds to the Company were approximately $20 million, before deducting offering expenses. The Company intends to use the net proceeds from the offering to fund and accelerate development and buildout of the Cavorite X7 aircraft program, as well as for working capital and general corporate purposes.

TORONTO, ON / ACCESS Newswire / May 6, 2026 / New Horizon Aircraft Ltd. ("Horizon Aircraft" or the "Company") (NASDAQ:HOVR), an advanced aerospace company developing one of the first hybrid-electric Vertical Takeoff and Landing (VTOL) aircraft, today announced that it has entered into a definitive agreement with certain institutional investors for the purchase and sale of an aggregate of 9,254,889 Class A Ordinary Shares ("Common Shares"). The offering is expected to result in gross proceeds of approximately $20 million, before deducting offering expenses. The closing of the offering is expected to occur on or about May 8, 2026, subject to the satisfaction of customary closing conditions. Horizon Aircraft intends to use the net proceeds from the offering to fund and accelerate development and buildout of the Cavorite X7 aircraft program, as well as for working capital and general corporate purposes.

ORLANDO, FL / ACCESS Newswire / May 6, 2026 / RedChip Companies will host an investor webinar on Thursday, May 7, 2026, at 4:15 p.m. ET with New Horizon Aircraft Ltd. (Nasdaq:HOVR).

TORONTO, ON / ACCESS Newswire / April 29, 2026 / New Horizon Aircraft Ltd. ("Horizon Aircraft" or the "Company") (NASDAQ:HOVR), an advanced aerospace company developing one of the first hybrid-electric Vertical Takeoff and Landing (VTOL) aircraft, announces that management will participate in the following upcoming events:

ORLANDO, FL / ACCESS Newswire / April 24, 2026 / RedChip Companies will air interviews with New Horizon Aircraft Ltd. (Nasdaq:HOVR) and First Phosphate Corp. (CSE:PHOS)(OTCQX:FRSPF) on the RedChip Small Stocks, Big Money™ show, a sponsored program on Bloomberg TV this Saturday, April 25, at 7 p.m. Eastern Time (ET). Bloomberg TV is available in an estimated 73 million homes across the U.S.

Horizon Aircraft reports wider-than-expected Q3 loss as it advances Cavorite X7 eVTOL prototype toward 2027 flight testing.

TORONTO, ON / ACCESS Newswire / April 14, 2026 / New Horizon Aircraft Ltd. ("Horizon Aircraft" or the "Company") (NASDAQ:HOVR), an advanced aerospace company developing one of the first hybrid-electric Vertical Takeoff and Landing (VTOL) aircraft, today reported its financial and operational results for the third quarter of fiscal 2026 ended February 28, 2026.

New Horizon Aircraft (NASDAQ:HOVR) shares are trading higher on Wednesday after the company announced an agreement with MHI RJ Aviation Group to support the ongoing development of Horizon Aircraft's hybrid-electric VTOL aircraft, the Cavorite X7.

Company Invites Investors to Submit Questions to be Answered on the Webcasted Earnings Call

The Cavorite X7's Low Projected Operating Cost Has Been Verified by a Leading Independent Audit Firm