New Horizon Aircraft (HOVR) Investor presentation summary

Market opportunity and company overview

• Vertical takeoff and landing aircraft market projected to reach $1 trillion within 10 years, with a unique patented design targeting advanced air mobility.

• Headquartered in Toronto, founded in 2013, and listed on NASDAQ as HOVR.

• Led by experienced pilots, engineers, and executives with military and startup backgrounds.

Product innovation and technology

• Cavorite X7 is a 7-person hybrid electric eVTOL with 250 mph max speed and 500-mile range.

• Features patented fan-in-wing system for vertical takeoff/landing and conventional flight for 98% of missions.

• Hybrid power system extends range and speed, requiring no charging infrastructure.

• Multiple redundant safety systems and expected certification for flight into known icing.

Competitive advantages and use cases

• Lower operating costs and higher speed compared to helicopters and other eVTOLs.

• Versatile for military, emergency medical services, luxury business travel, and disaster relief.

• Cost per passenger seat mile significantly lower than competitors, with higher payload and range.