New Horizon Aircraft (HOVR) Investor presentation summary

Market opportunity and company overview

• Vertical takeoff and landing (eVTOL) aircraft market projected to reach $1 trillion within 10 years, with advanced air mobility as a key focus.

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

• Led by experienced pilots, engineers, and entrepreneurs with a track record in aerospace innovation.

Product innovation and technology

• Cavorite X7 is a 7-person hybrid electric eVTOL with a patented fan-in-wing system, enabling both vertical and conventional flight.

• Aircraft achieves 250 mph max speed, 500-mile range, and 1,500 lbs useful load, outperforming helicopters and other eVTOLs.

• Hybrid power system allows operation without charging infrastructure and supports all-weather capability.

• Multiple redundant safety systems and expected certification for Flight Into Known Icing (FIKI).

Competitive advantages and use cases

• Lower operating costs and CO2e emissions compared to traditional helicopters.

• Versatile for military, emergency medical services, luxury business travel, and disaster relief, offering faster and more efficient operations.

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