Financials

  • Market Capitalization 81.64 M
  • Employee 30
  • Founded 2013
  • CEO N/A
  • Website www.horizonaircraft.com
  • Headquarter British Columbia, Canada
  • FIGI BBG01G281P33
  • Industry Technology
Total revenue
Net income
Basic earnings per share (Basic EPS)
Total debt
Free cash flow
Cash & equivalents
Price to earnings ratio
-3.08
Price to sales ratio
Dividends per share
Dividend yield %

New Horizon Aircraft Ltd - Class A

New Horizon Aircraft Ltd. is a publicly traded company headquartered in Lindsay, Ontario, which is developing a hybrid eVTOL aircraft for regional air mobility. It is designing the Horizon Cavorite X7 as a hybrid-electric 6-passenger aircraft that has electric fans for vertical takeoff and landing and a turboprop engine for forward flight. Horizon Aircraft expects that its hybrid architecture will result in greater range compared to electric-only VTOL aircraft, while having 20–30% lower operating costs and twice the speed of a traditional helicopter. Development of a full-scale prototype is ongoing with the intent of having the Cavorite X7 certified and flying before 2030.

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