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New Horizon Aircraft Ltd. (HOVR) is a Canadian company in the industrials sector, listed on NASDAQ. Market capitalization of 135 million USD (micro-cap).
New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, designs hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States. It focuses on the design and delivery of the Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically. The company was founded in 2013 and is headquartered in Lindsay, Canada.