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New Horizon Aircraft Soars 12.72% on Major eVTOL Partnership
Generated by AI AgentAinvest Pre-Market Radar
Friday, Jun 20, 2025 7:12 am ET1min read
On June 20, 2025,
surged 12.72% in pre-market trading, marking a significant rise in investor confidence and market interest.New Horizon Aircraft has recently secured its first major hardware commitment for full-scale production aircraft through a partnership with MT-Propeller. This collaboration focuses on developing hybrid eVTOL propulsion systems, a critical component for the company's future aircraft models. This strategic move is expected to enhance the company's technological capabilities and market competitiveness, potentially driving further growth and innovation in the electric vertical takeoff and landing (eVTOL) sector.
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