Horizon Aircraft Overview
- Year Founded
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2013
- Status
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Public
- Employees
-
14
- Stock Symbol
-
HOVR
- Investments
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1
- Share Price
-
$0.68
- (As of Friday Closing)
Horizon Aircraft General Information
Description
New Horizon Aircraft Ltd is an aerospace Original Equipment Manufacturer that is designing and aiming to build 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.
Contact Information
Website
www.horizonaircraft.comCorporate Office
- 3187 Highway 35
- Lindsay, Ontario K9V 4R1
- Canada
Corporate Office
- 3187 Highway 35
- Lindsay, Ontario K9V 4R1
- Canada
Horizon Aircraft Stock Performance
As of 16-May-2025, Horizon Aircraft’s stock price is $0.68. Its current market cap is $21.4M with 31.4M shares.
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $0.68 | $0.59 | $0.24 - $1.70 | $21.4M | 31.4M | 336K | $0.38 |
Horizon Aircraft Financials Summary
As of 28-Feb-2025, Horizon Aircraft has a trailing 12-month revenue of null.
|
In Thousands, USD |
TTM 28-Feb-2025 | FY 2024 31-May-2024 | FY 2023 31-May-2023 | FY 2022 31-May-2022 |
|---|---|---|---|---|
| EV | 15,236 | 11,299 | ||
| Revenue | 0 | 0 | 0 | 0 |
| EBITDA | 7,300 | (5,874) | (799) | (1,289) |
| Net Income | 7,295 | (6,036) | (875) | (1,310) |
| Total Assets | 7,150 | 3,613 | 1,038 | 920 |
| Total Debt | 24 | 54 | 1,180 | 1,782 |
Horizon Aircraft Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Horizon Aircraft Comparisons
Industry
Financing
Details
Horizon Aircraft Competitors (4)
One of Horizon Aircraft’s 4 competitors is Archer Aviation, a Formerly VC-backed company based in San Jose, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Archer Aviation | Formerly VC-backed | San Jose, CA | ||||
| BETA Technologies | Venture Capital-Backed | South Burlington, VT | ||||
| Gulfstream Aerospace | Formerly PE-Backed | Savannah, GA | ||||
| Joby Aviation | Formerly VC-backed | Santa Cruz, CA |
Horizon Aircraft Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Horizon Aircraft Patents
Horizon Aircraft Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-11548621-B1 | Aircraft airfoil having an internal thrust unit, and aircraft having the same | Active | 04-Nov-2021 | ||
| US-D997836-S1 | Aircraft | Active | 20-Nov-2020 | ||
| US-11001377-B1 | Aircraft airfoil and aircraft having the same | Active | 21-May-2020 | B64C3/187 |
Horizon Aircraft Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
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Horizon Aircraft Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Horizon Aircraft Acquisitions (1)
Horizon Aircraft’s most recent deal was a Merger/Acquisition with Pono Capital Three. The deal was made on 12-Jan-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Pono Capital Three | 12-Jan-2024 | Merger/Acquisition | Special Purpose Acquisition Company (SPAC) |
Horizon Aircraft FAQs
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When was Horizon Aircraft founded?
Horizon Aircraft was founded in 2013.
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Where is Horizon Aircraft headquartered?
Horizon Aircraft is headquartered in Lindsay, Canada.
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What is the size of Horizon Aircraft?
Horizon Aircraft has 14 total employees.
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What industry is Horizon Aircraft in?
Horizon Aircraft’s primary industry is Aerospace and Defense.
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Is Horizon Aircraft a private or public company?
Horizon Aircraft is a Public company.
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What is Horizon Aircraft’s stock symbol?
The ticker symbol for Horizon Aircraft is HOVR.
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What is the current stock price of Horizon Aircraft?
As of 16-May-2025 the stock price of Horizon Aircraft is $0.68.
-
What is the current market cap of Horizon Aircraft?
The current market capitalization of Horizon Aircraft is $21.4M.
-
Who are Horizon Aircraft’s competitors?
Archer Aviation, BETA Technologies, Gulfstream Aerospace, and Joby Aviation are competitors of Horizon Aircraft.
-
What is Horizon Aircraft’s annual earnings per share (EPS)?
Horizon Aircraft’s EPS for 12 months was $0.38.
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