New Horizon Aircraft Ltd. · NASDAQ:HOVR
New Horizon Aircraft — Pono Capital Three — SPAC Merger (November 2023)
19 slides from New Horizon Aircraft's SPAC merger presentation, Nov 29, 2023
Slide 1: Building the Future: Horizon Aircraft Investor Deck 2023
BUILDING THE FUTURE HOR I Z ON A I R C R A F T IN V E S T O R DE C K 202 3 PR I VAT E AN D CO N F I D E N T I A L HORIZON AIRCRAFT | A NEW TYPE OF AEROSPACE COMPANY RE N D E RI N G O F T H E X 7 O V E R A C I T Y
Slide 2: Forward-looking statements
This document contains forward - looking statements regarding, among other things, the strategies of Robinson Aircraft Ltd . (“ Horizon Aircraft ” or “ we ” or “ our ”) which may constitute “forward - looking statements” within the meaning of the United States Securities Act of 1933 , as amended (th
Slide 3: Projections and disclaimer
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 not presented in the format of a historical balance s
Slide 4: Company Overview
“We were humbled and excited to partner with the United States Air Force and USSOCOM. Together we developed our hybrid eVTOL platform towards providing capability to help service people around the world.” Brandon Robinson, CEO HOR I Z ON A I R C R A F T IN V E S T O R DE C K 202 3 COMPANY OVERVIEW M
Slide 5: Leading the Way: The Team
LEADING THE WAY Our team of industry trailblazers includes visionary entrepreneurs with high - growth startup expertise and aerospace engineers with military - proven leadership. THE TEAM 5 HOR I Z ON A I R C R A F T IN V E S T O R DE C K 202 3 BRANDON ROBINSON CHIEF EXECUTIVE, FOUNDER • CF - 18 Fig
Slide 6: A Global Problem | The AAM Solution
A GLOBAL PROBLEM | THE AAM SOLUTION ADVANCED AIR MOBILITY SOLVING A GLOBAL PROBLEM 6 HOR I Z ON A I R C R A F T IN V E S T O R DE C K 202 3 PR I VAT E A N D C O N F I D E N T I A L Globally, traffic congestion contributes to serious negative consequences in terms of lost time, increased fuel consump
Slide 7: A Huge Projected Industry Set to Take Off
Horizon Aircraft is a company with a unique approach, patented technology & strong leadership represents significant potential in a rapidly growing new industry Morgan Stanley , Autonomous Aircraft, 2021 Transport & Logistics $517B Shared Mobility $457B Military, Defense $10B Total Addressable Marke
Slide 8: Our Patented Solution: Cavorite X7 Vertical Mode
OUR PATENTED SOLUTION HORIZON AIRCRAFT CAVORITE X7 A PR OTOT Y PE eVTOL DESI GNE D F OR LONGE R - RA NGE RE GI ONA L PA SSE NGE R, C A RG O, AN D SP E CI AL MI SSI ONS CleanTech, High Efficiency Hybrid 1500 lb Payload Patented Fan - in - Wing Design 500 mile Range 7 - Person Capacity 8 HOR I Z ON A
Slide 9: Our Patented Solution: Cavorite X7 Forward Mode
OUR PATENTED SOLUTION HORIZON AIRCRAFT CAVORITE X7 WI NGS CLO S E D FO R E NR OUT E FL IG HT, FLY IN G L IK E A NOR MA L A I R C R A F T. CleanTech, High Efficiency Hybrid 1500 lb Payload Patented Fan - in - Wing Design 500 mile Range 7 - Person Capacity 9 HOR I Z ON A I R C R A F T IN V E S T O R D
Slide 10: The Advantage of Our Design
THE ADVANTAGE OF OUR DESIGN 10 PR I VAT E A N D C O N F I D E N T I A L TAKE OFF AND LAND LIKE A HELICOPTER BUT FLY ALMOST TWICE AS FAST WITH LOWER OPERATING COSTS Hybrid - electric power 450 km/h top speed † 680 kg useful load † 800+ km range †† DESIGNED TO BE ONE OF THE MOST EFFICIENT eVTOLS IN TH
Slide 11: An All-Weather eVTOL Design
AN ALL - WEATHER eVTOL DESIGN Intent to certify the aircraft for flight into known icing Designed for bad weather operations Multi - mission capability HO RI Z ON A I R C R A F T IN V E S T O R D EC K 2023 PR I VAT E A N D C O N F I D E N T I A L 11 RE N D E RI N G O F T H E C AV O RI T E X 7 I N B
Slide 12: Real-World Testing on a Sub-Scale Prototype
Confidential | Horizon Aircraft | Building a Better Future | 2023 REAL - WORLD TESTING ON A SUB - SCALE PROTOTYPE The 50% - scale prototype has successfully demonstrated hover flight HOR I Z ON A I R C R A F T IN V E S T O R DE C K 2023 PR I VAT E A N D C O N F I D E N T I A L 12 PI C T U R E O F T
Slide 13: The Competitive Landscape
THE COMPETITIVE LANDSCAPE 13 HOR I Z ON A I R C R A F T I N V E S TOR D E C K 2 0 2 3 EXCEPTIONAL PERFORMANCE, SAFETY, AND VERSATILITY Hybrid - electric power driving exceptional performance PR I VAT E A N D C O N F I D E N T I A L 240 km/h 160 km PAYLOAD †† VALUATION † RANGE †† SPEED †† 680 kg $96M
Slide 14: AFWERX Phase 1 US Government Contract Award
IN JANUARY OF 2022 AN AFWERX PHASE 1 CONTRACT WAS AWARDED FOR THE INNOVATIVE CAVORITE HIGH SPEED VTOL AIRCRAFT DESIGN UNITED STATES GOVERNMENT CONTRACT AWARD PHASE 1 US DOD HSVTOL CONTRACT AWARD The AFWERX Phase 1 award offered close to $ 400 K USD for Horizon Aircraft to demonstrate the viability o
Slide 15: Advanced Flight Testing Program Is Accelerating
ADVANCED FLIGHT TESTING PROGRAM IS ACCELERATING HOR I Z ON A I R C R A F T IN V E S TO R D E C K 2 0 2 3 PR I VAT E A N D C O N F I D E N T I A L 15 TRANSITION TO FORWARD FLIGHT Initial Wind Tunnel Testing Complete Having successfully completed hover testing near the end of Q1 2023, the team immedia
Slide 16: Measurable Success
HOR I Z ON A I R C R A F T IN V E S TO R D E C K 2 0 2 3 MEASURABLE SUCCESS Rapid technical progress has been accelerated by numerous grants, awards, and includes a long list of patents and other industry innovations . INDUSTRY - LEADING TECH PROGRESS PR I VAT E A N D C O N F I D E N T I A L 16 VERT
Slide 17: Maximizing Investment: Use of Proceeds
MAXIMIZING INVESTMENT HOR I Z ON A I R C R A F T I N V E S TOR S D E C K 2 0 2 3 USE OF PROCEEDS FROM CAPITAL RAISE EXAMPLE – Initiative for Sustainable Aviation Technology (INSAT) “Today, the Honourable François - Philippe Champagne, Minister of Innovation, Science and Industry, announced an invest
Slide 18: Pono Capital Three Business Combination with Horizon Aircraft
SIGNIFICANT POTENTIAL PONO CAPITAL THREE BUSINESS COMBINATION WITH HORIZON AIRCRAFT 18 $96M NASDAQ: HOVR ANTICIPATED TICKER SYMBOL PR I VAT E A N D C O N F I D E N T I A L HOR I Z ON A I R C R A F T I N V E S TOR S D E C K 2 0 2 3 HORIZON ENTERPRISE VALUE $216M PRO FORMA EQUITY VALUE † † BE F O R E
Slide 19: Join Us to Help Build a Better Future
JOIN US TO HELP BUILD A BETTER FUTURE 19 HOR I Z ON A I R C R A F T IN V E S T O R DE C K 202 3 PR I VAT E A N D C O N F I D E N T I A L CONTACT: E. BRANDON ROBINSON, CEO brandon@horizonaircraft.com 613.866.1935 RE N D E RI N G O F T H E C AV O RI T E X 7 O N A SI M U L AT E D A P P RO A C H TO L A