New Horizon Aircraft Ltd. · NASDAQ:HOVR
New Horizon Aircraft — Q3 2026 Earnings Presentation
23 slides from New Horizon Aircraft's earnings presentation, Apr 14, 2026
Slide 1: Building the Future
BUILDING THE FUTURE ©2026 NEW HORIZON AIRCRAFT LTD. NASDAQ: HOVR
Slide 2: Cautionary note about forward-looking statements
Cautionary note about forward-looking statements This document contains forward-looking statements regarding, among other things, the strategies of New Horizon Aircraft Ltd. (“Horizon Aircraft” or “we” or “our”) which may constitute “forward-looking statements” within the meaning of the United State
Slide 3: Projections and future-oriented financial information
Projections and future-oriented financial information This document contains certain projections or future oriented financial information about prospective results of operations, financial position or cash flows, based on assumptions about future economic conditions and courses of action and that is
Slide 4: Vertical Takeoff and Landing aircraft projected to become a $1 trillion industry
Company New Horizon Aircraft Ltd. Vertical Takeoff and Landing aircraft are projected to Exchange Nasdaq: HOVR become a $1 trillion industry within 10 years.* We are the Headquarters Toronto, Canada only company taking an entirely new approach — Founded May 2013 a revolutionary design with patented
Slide 5: A uniquely transformative aircraft
A uniquely transformative aircraft A 7-person hybrid electric eVTOL that is faster, safer and more versatile 250 mph | 500 miles range | All-weather | No charging infrastructure required ©2026 NEW HORIZON AIRCRAFT LTD. BUILDING A BETTER FUTURE 5
Slide 6: Vertical flight
HOW IT WORKS Vertical flight Safe, redundant, using proven technology 1 Transforming wings 2 Vertical lifting fans 3 Hybrid power Unique in the industry, the 12 electric fans enable Charges the battery system after wings slide open to reveal fans vertical takeoff and landing takeoff and after landin
Slide 7: Normal flight
HOW IT WORKS Normal flight 98% of mission as a traditional aircraft 1 Wings close 2 Conventional flight 3 Extended range and speed Once the aircraft reaches The Cavorite now flies like The hybrid electric motor powers a safe speed, the fans disengage a traditional aircraft until the Cavorite to fly
Slide 8: Advantages of the Cavorite X7, a second generation eVTOL
ADVANTAGES OF THE CAVORITE X7, A SECOND GENERATION eVTOL 1 2 3 4 Performance Versatility Technology Safety ➢ Lower operating costs ➢ Multi-mission capability ➢ Patented fan-in-wing ➢ Much faster flight ➢ Vertical flight ops ➢ Hybrid electric power ➢ Very long range ➢ Short takeoff / landing ➢ Advanc
Slide 9: Significant military potential
Significant military potential Designed by military professionals for military professionals ©2026 NEW HORIZON AIRCRAFT LTD. BUILDING A BETTER FUTURE 9
Slide 10: Emergency Medical Services
EMERGENCY MEDICAL SERVICES One of the fastest, most efficient vertical lift EMS aircraft ever designed Transport people or time-sensitive drugs at twice the speed of a helicopter at up to 75% less cost per available seat mile when compared to a similar capacity helicopter ©2026 NEW HORIZON AIRCRAFT
Slide 11: Luxury Business Travel
LUXURY BUSINESS TRAVEL A comparable helicopter is only half as fast as our safer, more comfortable aircraft ©2026 NEW HORIZON AIRCRAFT LTD. BUILDING A BETTER FUTURE 11
Slide 12: Disaster Relief
DISASTER RELIEF Deploy aircraft at double the speed of comparable helicopters, with no infrastructure required; saving lives ©2026 NEW HORIZON AIRCRAFT LTD. BUILDING A BETTER FUTURE 12
Slide 13: Superior performance and economics
Superior performance and economics ©2026 NEW HORIZON AIRCRAFT LTD. BUILDING A BETTER FUTURE 13
Slide 14: Lower cost, higher performance than competitors
LOWER COST, HIGHER PERFORMANCE THAN COMPETITORS Portland Cost per passenger seat mile, 500 hours per year use Horizon Bell Cavorite X7 Model 429 $0.97 1 $4.64 2 3 Maximum speed Horizon Aircraft Cavorite X7 250 mph Washington, D.C Bell 429 153 mph 4 Payload 4 Horizon Aircraft Cavorite X7 1,210 lbs Be
Slide 15: Finances
Finances $20M+ in cash | 12+ months of runway | Active ATM facility | Capitalized to complete full-scale aircraft ©2026 NEW HORIZON AIRCRAFT LTD. 15
Slide 16: HOVR Financial Metrics
HOVR Financial Metrics (000’s) FY2024 – May 2024 FY2025 – May 2025 YTD FY2026 – February 2026 Cash Position $ 1,816 $ 7,547 $ 19,674 Cash Used in Operations 3,308 $ 9,312 $11,789 Capital Raised $ 5,105 $ 15,185 $ 24,729 # of FTE's 16 30 52 Capex $ 209 $ 142 $ 813 Stock price $ 0.79 $ 1.06 $ 1.62 ©20
Slide 17: From concept to testing to construction
Horizon was founded by a group of pilots and operators — an elite team that has designed, built and flown new aircraft Our experience, technology and drive have allowed us to move from concept to testing to construction with speed and precision January February2 August January May 2021 022 2022 2024
Slide 18: Our progress
Our progress A full-scale aircraft ready to test in early 2027 ©2026 NEW HORIZON AIRCRAFT LTD. BUILDING A BETTER FUTURE 18
Slide 19: Path to aircraft certification with Transport Canada
AIRCRAFT CERTIFICATION The Cavorite’s design is revolutionary, and we have several advantages on our path to certification with Transport Canada 1 Conventionally unconventional 2 Agile and efficient 3 Internationally recognized The Cavorite’s patented fan-in-wing system Obtaining certification throu
Slide 20: World-class partnerships
WORLD-CLASS PARTNERSHIPS We are partnering with elite organizations that invest long term and believe in our practical, innovative, and operator-focused approach ©2026 NEW HORIZON AIRCRAFT LTD. BUILDING A BETTER FUTURE 20
Slide 21: Leadership
LEADERSHIP Our team of industry trailblazers includes visionary entrepreneurs with high-growth startup expertise and aerospace engineers with military-proven leadership. BRANDON BRIAN TOM BRIAN JASON ROBINSON ROBINSON BRASSINGTON MERKER O’NEILL CHIEF EXECUTIVE, FOUNDER CHIEF ENGINEER, FOUNDER CHIEF
Slide 22: The Horizon Advantage
THE HORIZON ADVANTAGE Safety Multiple redundant systems in hover and in normal flight Capable of flying in bad weather Performance Can fly farther and faster than helicopters and other eVTOL competitors Versatility to perform multiple types of missions Proprietary technology Economics Patent protect
Slide 23: Contact
CONTACT BRANDON ROBINSON Founder & Chief Executive NASDAQ: HOVR brandon@horizonaircraft.com 1.613.866.1935 JOIN US TO BUILD A BETTER FUTURE ©2026 NEW HORIZON AIRCRAFT LTD. BUILDING A BETTER FUTURE 23