Horizon Aircraft Signs Letter of Intent with Discovery Air Chile Ltda., Expanding Global Presence of Cavorite X7 Hybrid eVTOLs
January 10, 2025 08:00 ET
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New Horizon Aircraft Ltd.
~ Horizon Aircraft Will Deliver 5 Cavorite X7s in 2028 ~ ~ The Cavorite X7 Provides a Cost-Effective Alternative to Traditional Helicopters with Twice the Speed and up 75% Lower Operating Costs ~...
Horizon Aircraft Announces Exercise of Warrants, Providing an Additional $2.7 Million in Gross Proceeds
January 08, 2025 08:00 ET
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New Horizon Aircraft Ltd.
~ Further Secures Balance Sheet, This Second Capital Infusion in Last 30 Days Totals $11.1 Million ~ TORONTO, Jan. 08, 2025 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing...
Horizon Aircraft Secures $8.4 Million Strategic Investment
December 20, 2024 16:05 ET
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New Horizon Aircraft Ltd.
~ Deepens Investor’s Dedication to Horizon Aircraft Supporting Continued Operations and Development ~ TORONTO, Dec. 20, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing...
Horizon Aircraft Simplifies Capital Structure with Mutual Termination of Forward Purchase Agreement with Meteora Capital
November 07, 2024 08:30 ET
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New Horizon Aircraft Ltd.
~ Expects to Record a Gain of ~$20-25 Million in its Second Quarter from the Termination of the FPA ~ ~ The Removal of the Financing Structure Further Eliminates SPAC Overhang ~ TORONTO, Nov. 07,...
Horizon Aircraft to Participate in the 13th Annual Roth Technology Conference
November 06, 2024 16:15 ET
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New Horizon Aircraft Ltd.
TORONTO, Nov. 06, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical...
Horizon Aircraft to Exhibit Hybrid eVTOL at the Japan International Aerospace Exhibition 2024
October 09, 2024 16:15 ET
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New Horizon Aircraft Ltd.
TORONTO, Oct. 09, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical...
Horizon Aircraft Begins Full-Scale Development of eVTOL Aircraft, Accelerates Flight Tests, and Expands World-Class Team
September 09, 2024 08:30 ET
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New Horizon Aircraft Ltd.
TORONTO, Sept. 09, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical...
Horizon Aircraft Positioned for Increased Investment as a Small-Cap Stock with its Disruptive Aerospace Technology
September 05, 2024 08:30 ET
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New Horizon Aircraft Ltd.
TORONTO, Sept. 05, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), the advanced aerospace engineering...
New Horizon Aircraft Announces Closing of $2.9 Million Public Offering
August 21, 2024 16:05 ET
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New Horizon Aircraft Ltd.
TORONTO, Aug. 21, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft (NASDAQ: HOVR), today closed its previously announced underwritten public offering of (i) 2,800,000 of its Class A ordinary shares, no...
Horizon Aircraft Appoints Tom Brassington as Chief Technology Officer
August 21, 2024 08:30 ET
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New Horizon Aircraft Ltd.
TORONTO, Aug. 21, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), an advanced aerospace engineering company...