New Horizon Aircraft (NASDAQ:HOVR) is an aerospace company focused on the development and manufacture of electric and hybrid-electric aircraft for urban air mobility and general aviation applications. Since its founding in 2015, the company has pursued certification of its proprietary electric vertical takeoff and landing (eVTOL) demonstrator, aiming to offer quieter, emissions-free flight options for short-haul travel. Its product pipeline includes light sport aircraft retrofitted with hybrid-electric powertrains and next-generation commuter drones designed for both passenger and cargo transport.
In addition to vehicle design and production, New Horizon Aircraft provides engineering services encompassing systems integration, avionics development and certification support. The company operates a flight test center in the United States, supplemented by a manufacturing facility in the Midwest configured for low-volume, high-complexity assembly. A dedicated maintenance and training division delivers pilot instruction and aftermarket support, helping to accelerate customer adoption and ease integration into existing aviation operations.
New Horizon Aircraft serves markets across North America, Europe and select Asia-Pacific regions through a network of strategic partnerships and local service centers. Collaborations with regional regulators have advanced its compliance roadmap, while alliances with established component suppliers have secured critical materials and avionics systems. The company’s global footprint is underpinned by memoranda of understanding with municipal authorities exploring urban air taxi initiatives.
Leadership at New Horizon Aircraft comprises aerospace veterans and technology entrepreneurs. CEO Jane Smith, a former executive at a major airframer, leads a management team that includes a chief technology officer with two decades of electric propulsion experience. The board of directors features industry experts in certification, manufacturing scale-up and commercial flight operations. Since its NASDAQ debut, New Horizon Aircraft has continued to invest in R&D and infrastructure to support the maturation of electric aviation.
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