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New Horizon Aircraft Ltd (HOVR) NPV A

Sell:$0.82 Buy:$0.84 Change: $0.033299 (5.72%)
Market closed |  Prices as at close on 20 December 2024 | Switch to live prices |
Sell:$0.82
Buy:$0.84
Change: $0.033299 (5.72%)
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
Market closed |  Prices as at close on 20 December 2024 | Switch to live prices |
Sell:$0.82
Buy:$0.84
Change: $0.033299 (5.72%)
Market closed |  Prices as at close on 20 December 2024 | Switch to live prices |
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

New Horizon Aircraft Ltd. is a Canada-based advanced aerospace engineering company. The Company is engaged in developing hybrid Electric Vertical Takeoff and Landing (eVTOL) aircraft. The Company’s Cavorite X7 prototype can take off vertically, but once in flight its patented HOVR wing system reverts to the configuration of a conventional airplane. It operates with up to 30% less hydrocarbon emissions. It is designed to operate in bad weather, with flight in known icing conditions. It is designed with 14 redundant lift fans in hover, through which multiple failures can be tolerated. The Company's Cavorite X7 range opens up a wide spectrum of uses, such as critical medical supplies to remote areas, delivery of supplies and rescue of people from post-hurricane zones, business travel/inter-city and regional shuttle, transportation to underserved remote regions, evacuation, and special events control.

Contact details

Address:
3187 Highway 35
LINDSAY
K9V 4R1
Canada
Telephone:
+1 (613) 8661935
Website:
https://www.horizonaircraft.com/

Important dates

Future events
There are no future events available.
Past events
There are no past events available.

General stock information

Short code:
HOVR
ISIN:
CA64550A1075
Market cap:
$14.72 million
Shares in issue:
24.57 million
Sector:
Aerospace & Defense
Exchange:
NASDAQ
Country:
Canada
Currency:
US dollar
Indices:
n/a

Key personnel

  • Brandon Robinson
    Chief Executive Officer, Director
  • Brian Merker
    Chief Financial Officer
  • James O'Neill
    Chief Operating Officer, Director
  • Tom Brassington
    Chief Technology Officer
  • Brian Robinson
    Chief Engineer

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by Reuters.

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The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.