Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
New Horizon Aircraft Ltd., operating as Horizon Aircraft, is a Canada-based aerospace and advanced air mobility company focused on the development of hybrid electric vertical takeoff and landing (eVTOL) aircraft. The company operates within the aerospace, aviation technology, and emerging advanced air mobility industries, with an emphasis on aircraft design and propulsion systems that combine vertical lift capability with conventional fixed-wing flight.
The company’s primary product is the Cavorite X7, a hybrid eVTOL aircraft designed to provide vertical takeoff and landing while achieving higher cruise speeds and longer range than many fully electric eVTOL concepts. Horizon Aircraft targets multiple customer segments, including regional air mobility operators, government and defense users, emergency services, and special mission aviation markets. Founded in 2018, the company evolved from early-stage aircraft concept development into a publicly listed entity following its business combination with Pono Capital Two, Inc., which enabled expanded access to capital markets to support certification and commercialization efforts.
Business Operations
Horizon Aircraft’s operations are primarily centered on aircraft research and development, engineering validation, and flight testing. The company does not currently report material commercial revenue and is focused on advancing its aircraft toward certification and eventual production. Its core operational activities include proprietary fan-in-wing lift technology, hybrid-electric propulsion integration, and airframe development for the Cavorite X7 platform.
Operations are conducted through the parent company New Horizon Aircraft Ltd., with engineering, testing, and corporate functions spanning Canada and the United States. The company controls its core intellectual property related to lift fan systems and aircraft architecture and relies on a combination of in-house engineering and external aerospace suppliers. As of the most recent public disclosures, Horizon Aircraft has not reported large-scale manufacturing partnerships or revenue-generating joint ventures, reflecting its pre-commercial development stage.
Strategic Position & Investments
Horizon Aircraft’s strategic direction is focused on positioning the Cavorite X7 as a differentiated hybrid eVTOL solution capable of longer range and higher cruise speeds than battery-only competitors. Growth initiatives emphasize regulatory certification, prototype flight testing, and engagement with potential government, defense, and commercial operators. The company has highlighted potential applications in regional transportation, military logistics, and emergency response, where runway independence and range are critical.
A key strategic milestone was the company’s public listing through its merger with Pono Capital Two, Inc., which provided access to public equity markets to fund ongoing development. Horizon Aircraft continues to invest in propulsion efficiency, aerodynamic performance, and scalable manufacturing concepts. Data inconclusive based on available public sources regarding finalized customer orders or binding long-term supply agreements.
Geographic Footprint
Horizon Aircraft is headquartered in Canada, with its principal executive offices located in Ontario. The company also maintains a presence in the United States, supporting engineering activities, regulatory engagement, and investor relations. Its operational footprint reflects a North American focus during the development and certification phase.
While commercial operations are not yet global, the company positions its aircraft for eventual deployment across North America, with longer-term market ambitions that include Europe and other international regions where advanced air mobility infrastructure is emerging. International operational influence remains limited at this stage, as activities are primarily development-focused.
Leadership & Governance
The company was co-founded by its current leadership team, which continues to guide its technical and strategic direction. Management emphasizes engineering-led development, regulatory compliance, and disciplined capital allocation as the company progresses toward certification and commercialization.
Key executives include:
- Brandon Robinson – Chief Executive Officer
- Brian Robinson – Chief Financial Officer
- David Smith – Chief Operating Officer
The leadership team’s stated vision centers on delivering a practical and scalable hybrid eVTOL aircraft that bridges the gap between conventional aviation and next-generation air mobility, while maintaining safety, range, and performance consistent with established aerospace standards.