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Horizon Aircraft

Listed · Nasdaq · HOVRNot ranked by Uback

Uback segment Mobility & logistics › Aviation › Air taxis (eVTOL)

Canadian developer of the Cavorite X7, a hybrid-electric vertical take-off aircraft for regional transport, at prototype stage.

Market value on the ranking date

Market capUSD 100M · Oct 2026
ListingNasdaq · HOVR
CountryCanada

Published figures

CashUSD 78.3M at 31 May 2026
Programmefull-scale prototype testing planned for Q1 2027

Horizon Aircraft and its private challengers · Air taxis (eVTOL)

Non-listed air taxis (evtol) companies ranked by Uback, with Horizon Aircraft and the other listed pure players shown in grey at their market value on the ranking date (18 Oct 2026). Listed companies are never ranked.

#CompanyValuation
—Joby AviationUnited States · Listed · NYSE · JOBYUSD 4.6bnMarket cap · Oct 2026
—Archer AviationUnited States · Listed · NYSE · ACHRUSD 3.1bnMarket cap · Oct 2026
1AridgeChina≈ USD 2.5bnUnicorn · AI estimateNot open to BackersCompanies based in mainland China are ranked like any other startup, but Uback does not open pools on them: capital controls and offshore (VIE) structures make minority deals impractical for our Backers.
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2VolantChina≈ USD 2.3bnUnicorn · AI estimateNot open to BackersCompanies based in mainland China are ranked like any other startup, but Uback does not open pools on them: capital controls and offshore (VIE) structures make minority deals impractical for our Backers.
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3AutoFlightChina≈ USD 1.8bnUnicorn · AI estimateNot open to BackersCompanies based in mainland China are ranked like any other startup, but Uback does not open pools on them: capital controls and offshore (VIE) structures make minority deals impractical for our Backers.
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—Eve Air MobilityUnited States · Listed · NYSE · EVEXUSD 580MMarket cap · Oct 2026
4SkyDriveJapan≈ USD 290MHundreds of M$ · AI estimateBack
—EHangChina · Listed · Nasdaq · EHUSD 280MMarket cap · Oct 2026
5TCab TechChina≈ USD 250MHundreds of M$ · AI estimateNot open to BackersCompanies based in mainland China are ranked like any other startup, but Uback does not open pools on them: capital controls and offshore (VIE) structures make minority deals impractical for our Backers.
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6Odys AviationUnited States≈ USD 130MHundreds of M$ · AI estimateBack
7AIRIsrael≈ USD 120MHundreds of M$ · AI estimateBack
8VertaxiChina≈ USD 120MHundreds of M$ · AI estimateNot open to BackersCompanies based in mainland China are ranked like any other startup, but Uback does not open pools on them: capital controls and offshore (VIE) structures make minority deals impractical for our Backers.
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—Horizon AircraftCanada · Listed · Nasdaq · HOVRUSD 100MMarket cap · Oct 2026
9Ascendance Flight TechnologiesFrance≈ USD 100MHundreds of M$ · AI estimateBack
10JetsonSweden≈ USD 80MTens of M$ · AI estimateBack
—Vertical AerospaceUnited Kingdom · Listed · NYSE · EVTLUSD 67MMarket cap · Oct 2026
11AMSL AeroAustralia≈ USD 60MTens of M$ · AI estimateBack
12Doroni AerospaceUnited States≈ USD 60MTens of M$ · AI estimateBack
13Sarla AviationIndia≈ USD 55MTens of M$ · AI estimateBack
14The ePlane CompanyIndia≈ USD 50MTens of M$ · AI estimateBack
15PlanaSouth Korea≈ USD 40MTens of M$ · AI estimateBack

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Figures as published by the company and market data, at the date shown.

Uback is a content publisher. It ranks non-listed companies only and gives no opinion on listed companies: the figures above are facts as published, at the date shown, never a recommendation. No intention can be declared on a listed company. Method