---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-004156"
form_type: "8-K"
ticker: "HOVR"
cik: "0001930021"
company_name: "New Horizon Aircraft Ltd."
filed_at: "2026-01-14T23:59:59+00:00"
generated_at: "2026-05-16T10:28:27.267143+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "medium"
source: SEC EDGAR
---

# Horizon Aircraft Q2 update: Cavorite X7 prototype assembly on track for 2026, cash over $24M

## Summary
- Cash on hand exceeds $24M; management says sufficient capital through 2026.
- Awarded ~$10.5M non-dilutive INSAT grant for all-weather eVTOL project.
- Engineering team doubled YoY; plans to double headcount again by end of 2026.
- Full-scale Cavorite X7 prototype assembly expected in 2026, initial testing early 2027.
- No revenue or net income figures provided; no GAAP earnings disclosed.

## SEC filing metadata
- accession: 0001213900-26-004156
- form_type: 8-K
- ticker: HOVR
- cik: 0001930021
- company_name: New Horizon Aircraft Ltd.
- filed_at: 2026-01-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: medium
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1930021/000121390026004156/0001213900-26-004156-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1930021/000121390026004156/ea0272553-8k_newhorizon.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-004156
- JSON: https://secwatch.observer/filing/0001213900-26-004156.json
- Plain text: https://secwatch.observer/filing/0001213900-26-004156.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.