New Horizon Aircraft Ltd. is an aerospace engineering firm dedicated to the design and development of hybrid-electric vertical takeoff and landing (eVTOL) aircraft. The company primarily targets the regional air mobility market, with a significant focus on operations within the United States. Currently under development is their Cavorite X7, a hybrid-electric aircraft designed to transport seven passengers and capable of both vertical takeoffs and landings. Established in 2013, New Horizon Aircraft Ltd. is headquartered in Lindsay, Canada.