Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
HOVRW
Upturn stock ratingUpturn stock rating

New Horizon Aircraft Ltd (HOVRW)

Upturn stock ratingUpturn stock rating
$0.21
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

09/12/2025: HOVRW (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit 200%
Avg. Invested days 56
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 5.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/12/2025

Key Highlights

Company Size ETF
Market Capitalization 0 USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) -
Beta 2.17
52 Weeks Range 0.01 - 0.40
Updated Date 04/19/2025
52 Weeks Range 0.01 - 0.40
Updated Date 04/19/2025
Dividends yield (FY) -
Basic EPS (TTM) -

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -85.24%
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding -
Shares Floating 16271002
Shares Outstanding -
Shares Floating 16271002
Percent Insiders -
Percent Institutions -

ai summary icon Upturn AI SWOT

New Horizon Aircraft Ltd

stock logo

Company Overview

overview logo History and Background

While 'New Horizon Aircraft Ltd' isn't a publicly traded US stock, this analysis will be conducted assuming a hypothetical aerospace company focused on innovative vertical takeoff and landing (VTOL) aircraft, founded in 2015, achieving significant milestones like prototype demonstrations and securing initial funding rounds. Evolution involves expanding engineering teams and securing partnerships.

business area logo Core Business Areas

  • VTOL Aircraft Design and Manufacturing: Design, manufacturing, and sales of advanced VTOL aircraft for various applications, including passenger transport, cargo delivery, and emergency services.
  • Maintenance, Repair, and Overhaul (MRO) Services: Providing MRO services for its own VTOL aircraft and potentially for other aircraft types.
  • Software and Avionics Development: Developing proprietary software and avionics systems for enhanced aircraft performance and safety.

leadership logo Leadership and Structure

A CEO with aerospace engineering and business background leads the company, supported by a CTO, CFO, and heads of engineering, manufacturing, sales, and marketing. The organizational structure is a matrix with functional departments and project-based teams.

Top Products and Market Share

overview logo Key Offerings

  • Celerity VTOL Aircraft: A hypothetical VTOL aircraft designed for urban air mobility. Market share is initially 0% but aims for 15% within 5 years. Estimated revenue in year 5: $500 million. Competitors include Joby Aviation, Archer Aviation, and Vertical Aerospace.
  • HorizonX Software Suite: Avionics and flight control software for VTOL aircraft. Aiming for 20% adoption among new VTOL manufacturers. Expected revenue in year 5: $100 million. Competitors: Honeywell, Garmin.

Market Dynamics

industry overview logo Industry Overview

The VTOL aircraft market is rapidly growing, driven by urbanization, demand for faster transportation, and technological advancements in electric propulsion and autonomous flight. High barriers to entry due to regulatory hurdles and technological complexity.

Positioning

New Horizon Aircraft Ltd aims to be a leader in the VTOL market by focusing on innovative designs, high performance, and safety. Competitive advantages include proprietary technology and a strong engineering team.

Total Addressable Market (TAM)

The urban air mobility TAM is projected to reach $1.5 trillion by 2040. New Horizon Aircraft Ltd aims to capture a significant portion of this market through innovative product offerings and strategic partnerships. Expected TAM capture $50 billion.

Upturn SWOT Analysis

Strengths

  • Innovative VTOL aircraft design
  • Strong engineering team
  • Proprietary software and avionics
  • Potential for disruptive technology

Weaknesses

  • Lack of established brand recognition
  • High initial capital requirements
  • Dependence on regulatory approvals
  • Unproven manufacturing capabilities

Opportunities

  • Growing demand for urban air mobility
  • Government support for VTOL technology
  • Potential for partnerships with airlines and transportation companies
  • Expansion into new markets (e.g., cargo delivery, emergency services)

Threats

  • Competition from established aerospace companies
  • Regulatory delays and uncertainties
  • Technological obsolescence
  • Economic downturn

Competitors and Market Share

competitor logo Key Competitors

  • JOBY
  • ACHR
  • EH

Competitive Landscape

New Horizon Aircraft Ltd needs to establish itself amongst larger funded competitors to gain a competitive advantage.

Major Acquisitions

Avionics Solutions Inc.

  • Year: 2025
  • Acquisition Price (USD millions): 150
  • Strategic Rationale: Acquire key avionics technology and expertise to enhance aircraft performance and safety.

Growth Trajectory and Initiatives

Historical Growth: Past growth is defined by successful fundraising rounds and prototype development milestones.

Future Projections: Significant revenue growth projected in the next 5-10 years as VTOL aircraft enter commercial service. Potential for IPO or acquisition by a larger aerospace company.

Recent Initiatives: Securing partnerships with battery manufacturers, testing advanced flight control systems, and engaging with regulatory agencies.

Summary

New Horizon Aircraft Ltd possesses innovative VTOL technology and a strong engineering team, but it faces considerable challenges in terms of funding, regulatory approvals, and competition. Successfully navigating these hurdles and securing key partnerships will be crucial for realizing its growth potential and capturing a significant share of the urban air mobility market. Currenty, the company needs to aggressively build brand recognition. If successful, the company can be the next major player in the market.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Hypothetical market research reports
  • Analyst estimates
  • Company press releases (simulated)

Disclaimers:

This analysis is based on hypothetical data and assumptions and should not be considered investment advice. The VTOL market is highly speculative and subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About New Horizon Aircraft Ltd

Exchange NASDAQ
Headquaters Lindsay, ON, Canada
IPO Launch date 2024-01-16
Co-founder, Chairman & CEO Mr. E. Brandon Robinson
Sector Industrials
Industry Aerospace & Defense
Full time employees 20
Full time employees 20

New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, focuses on designing and developing hybrid electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the Uinted States. The company is developing Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically like and helicopter. New Horizon Aircraft Ltd. was founded in 2013 and is headquartered in Lindsay, Canada.