New Horizon Aircraft Ltd. Class A Ordinary Share and XTI Aerospace, Inc. Common Stock
New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, designs hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States. It focuses on the design and delivery of the Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically. The company was founded in 2013 and is headquartered in Lindsay, Canada.
Open HOVR dashboard ↗XTI Aerospace, Inc. operates as an aircraft development company in the United States, Germany, and the United Kingdom. The company offers TriFan 600, a vertical takeoff and landing aircraft; and real-time location systems (RTLS) for the industrial sector. It also provides indoor intelligence software and hardware products comprising industrial RTLS software-as-a-service platform; IoT devices, sensors, and tags; transceivers/modules; analytics and insights; and wireless device detection for security. It sells its products through direct sale representatives; and channel partners comprising original equipment manufacturers, integrators, resellers, and distributors. XTI Aerospace, Inc. is headquartered in Englewood, Colorado.
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