Founder, CEO, GSBR Research

Garvit Bhandari

Founder, CEO

Leading Provider of Equity and Investment Research

GSBR Research

We are an independent equity research provider focused on covering global markets. The aim of the research is to provide an unbiased view of the fundamentals of the company.

Equity Bottom-Up

<ul><li>New Horizon Aircraft is a Canada-based aviation company specializing in the development of hybrid electric Vertical Takeoff and Landing (eVTOL) aircraft</li><li>HOVR's flagship aircraft, the Cavorite X7 is likely to be commercially available in the next 24 to 36 months. HOVR has already completed the development of a 50%-scale prototype.</li><li>The timeline looks achievable, and the Company has already committed to supplying five Cavorite X7 to Air Chile Ltd by the end of 2028.</li></ul>

New Horizon Aircraft is a Canada-based aviation company specializing in the development of hybrid electric Vertical Takeoff and Landing (eVTOL) aircraftHOVR's flagship aircraft, the Cavorite X7 is likely to be commercially available in the next 24 to 36 months. HOVR has already completed the development of a 50%-scale prototype.The timeline looks achievable, and the Company has already committed to supplying five Cavorite X7 to Air Chile Ltd by the end of 2028.

New Horizon Aircraft Ltd (HOVR) - Targeting Regional Air Mobility Market, PT at US$2

United States

New Horizon Aircraft Ltd. operates as an aerospace engineering company. The Company develops hybrid eVTOL that is to be able to fly most of its mission exactly like a normal aircraft while offering industry-leading speed, range, and operational utility. New Horizon Aircraft serves customers worldwide.

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New Horizon Aircraft (HOVR US)

New Horizon Aircraft Ltd (HOVR) - Targeting Regional Air Mobility Market, PT at US$2

Canada's New Horizon Aircraft is on track to release their hybrid electric eVTOL aircraft, the Cavorite X7, in the next 2-3 years. Well positioned...

GSBR Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

New Horizon Aircraft Ltd (HOVR) - Targeting Regional Air Mobility Market, PT at US$2

​Canada's New Horizon Aircraft is on track to release their hybrid electric eVTOL aircraft, the Cavorite X7, in the next 2-3 years. Well positioned...

GSBR Research

Canada's New Horizon Aircraft is on track to release their hybrid electric eVTOL aircraft, the Cavorite X7, in the next 2-3 years. Well positioned...