SIDOTI Profile on Horizon Aircraft
Source: www.sidoti.com/events/
Presentation to be done by: Brian Merker, CFO, Horizon Aircraft
Wed, May 20 at 1:00-1:30 PM in Track 2
Company Description
Horizon Aircraft (NASDAQ:HOVR) is an advanced aerospace company that is developing one of the world's first hybrid-electric VTOL (Vertical Take-Off and Landing) aircraft designed to fly most of its mission in traditional wing-borne flight, offering industry-leading speed, range, and operational utility. Horizon Aircraft's unique designs put the mission first and prioritize safety and performance. Upon successful completion of testing and certification of its full-scale aircraft, Horizon Aircraft intends to scale unit production to meet expected demand from regional aircraft operators, emergency service providers, and military customers.
Reasons to Meet
Differentiated hybrid-electric VTOL — not battery-bound. ~3–5x the range and ~2x the speed of all-electric competitors, with no charging infrastructure required.
Targets regional missions all-electrics structurally can't serve, at turboprop-competitive economics. Dual-use optionality.
The hybrid powertrain and range envelope are directly relevant to contested logistics, ISR, and MEDEVAC — opening a defense/government revenue path alongside the commercial AAM market.
Near-term catalyst at a microcap entry. 50%-scale prototype successfully flown; full-scale aircraft in build with ground/flight testing approaching. Disciplined balance sheet, active shelf, and non-dilutive funding pipeline — rare combination of imminent milestone and capital discipline in the AAM peer set.