---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-043202"
form_type: "8-K"
ticker: "HOVR"
cik: "0001930021"
company_name: "New Horizon Aircraft Ltd."
filed_at: "2026-04-14T23:59:59+00:00"
generated_at: "2026-05-15T06:26:36.685320+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "medium"
source: SEC EDGAR
---

# Horizon Aircraft reports Q3 FY2026; cash $20M, Cavorite X7 prototype on track

## Summary
- Cash position of $20M expected to fund development through fiscal 2027.
- Full-scale Cavorite X7 assembly targeted by end of 2026; flight tests in early 2027.
- Manufacturing partnerships with RAMPF Composite Solutions (fuselage) and North Aircraft Industries (wings).
- Collaboration with MHIRJ, a Mitsubishi Heavy subsidiary, to accelerate Cavorite X7 production.
- Validated projected operating cost of $0.97 per available seat mile vs legacy helicopters.

## SEC filing metadata
- accession: 0001213900-26-043202
- form_type: 8-K
- ticker: HOVR
- cik: 0001930021
- company_name: New Horizon Aircraft Ltd.
- filed_at: 2026-04-14T23:59:59+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/1930021/000121390026043202/0001213900-26-043202-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1930021/000121390026043202/ea0285438-8k_newhorizon.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-043202
- JSON: https://secwatch.observer/filing/0001213900-26-043202.json
- Plain text: https://secwatch.observer/filing/0001213900-26-043202.txt

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