New Horizon Aircraft Ltd. Class A Ordinary Share
Market Cap
140M
Short interest (May 15)
5.3%
Net Short (Jun 03 ): -0.1%
Borrow Fee
5.60%
↓ 7.3%
Available Shares
1M
↑ 67.6%
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Company Overview
New Horizon Aircraft Ltd is an aerospace Original Equipment Manufacturer that is designing and building 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.
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