New Horizon Aircraft

Aerospace & Defense
New Horizon Aircraft Ltd is an aerospace Original Equipment Manufacturer that is designing and building a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its aircraft will offer a more efficient way to move people and goods at a regional scale, help to connect remote communities, and advance its ability to deal with an increasing number of climate-related natural disasters such as wildfires, floods, and droughts. The company aims to deliver a hybrid electric 7-seat aircraft, called the Cavorite X7, that can take off and land vertically like and helicopter.

$79.6M

Market Cap • 9/18/2025

2022

(3 years)

Founded

2024

(1 year ago)

IPO

NASDAQ

Listing Exchange

Flag of Canada

Canada

Country

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