New Horizon Aircraft Ltd. 8K

New Horizon Aircraft Ltd. announced its Q3 FY2026 results and business update, emphasizing strong liquidity, major progress and partnerships on its Cavorite X7 hybrid-electric VTOL program, validated operating cost projections, and an upcoming investor conference call.

On April 14, 2026, New Horizon Aircraft Ltd. (NASDAQ: HOVR) issued a press release reporting its financial and operational results for the third quarter of fiscal 2026 ended February 28, 2026, highlighting continued liquidity of approximately $20 million, progress in transitioning its full-scale hybrid-electric Cavorite X7 VTOL aircraft from design into manufacturing with expected assembly completion later in 2026 and flight testing in early 2027, the establishment of key manufacturing partnerships (including RAMPF Composite Solutions and North Aircraft Industries) and a collaboration with MHIRJ, validation by a global accounting firm of projected Cavorite X7 operating costs of US$0.97 per available seat mile, and improved operational efficiency, along with details of an investor conference call to discuss these results and a forward‑looking statements disclaimer.

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CIK

1930021

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-

Form

8K

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sec

Accession

0001213900-26-043202

Alert Tier

6