Horizon Aircraft reports fiscal Q4 2026 results; cash $78.3M, prototype testing in Q1 2027

New Horizon Aircraft Ltd.

2026-FY EPS reported -$0.77

Cash balance of $78.3M provides more than 24 months of liquidity to complete full-scale demonstrator.
First full-scale Cavorite X7 prototype on track for initial testing in Q1 2027.
Partnership with BETA Technologies for fly-by-wire flight control computers on Cavorite X7.
Appointed Richard Alexander as Chief Engineer of Certified Programs; headcount to grow from 56 to over 100 by summer 2027.
Strategic manufacturing partnerships with RAMPF Composite Solutions (fuselage) and North Aircraft Industries (wing architecture).

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