New insider activity at New Horizon Aircraft ( (HOVR) ) has taken place on October 3, 2025.
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CEO Eric Brandon Robinson has recently sold 180,000 shares of New Horizon Aircraft stock, amounting to a total sale value of $401,400.
Recent Updates on HOVR stock
New Horizon Aircraft has made significant technical progress, including completing a successful fan-in-wing forward transition flight and advancing its full-scale prototype development. The company is actively testing its propulsion technology and enhancing its simulation environment. It plans to certify the aircraft for Instrument Flight Rules and Flight Into Known Icing, working closely with Transport Canada Civil Aviation. Additionally, Horizon has expanded its technical team by 50% in 2025. These developments, along with securing sufficient capital and a $450,000 grant from NSERC of Canada, have contributed to positive market sentiment. Furthermore, Horizon’s collaboration with ZeroAvia to explore hydrogen eVTOL propulsion is seen as a strategic move to innovate in sustainable aviation technology.
More about New Horizon Aircraft
YTD Price Performance: 155.05%
Average Trading Volume: 1,011,396
Technical Sentiment Signal: Buy
Current Market Cap: $99.6M