New Horizon Aircraft Ltd..
HOVR.US | Architectural and engineering activities and related technical consultancy
New Horizon Aircraft Ltd. is a Canadian company focused on the design and development of a hybrid electric Vertical Take-off and Landing (VTOL) aircraft. Their primary focus is on the Cavorite X5, a seven-seat aircraft designed for rapid point-to-point regional air mobility. The company is currently...Show More
Better Health for All
20
The company's core product, an eVTOL aircraft, is designed for medical transport, aiming to provide faster and more affordable patient transport, particularly for acute cases and inter-hospital transfers.
1
This focus on medical applications suggests that the entire business is devoted to health improvement, with the potential to deliver exceptional health benefits by improving patient outcomes and saving tens of thousands of lives.
2
The eVTOLs are stated to be three times more cost-effective than helicopters, indicating a strong potential for more affordable patient transport.
3
The technology also has the potential to improve access to medical care in rural areas and remote regions, benefiting vulnerable populations.
4
As the company is in the development phase, there is no evidence of revenue from products with negative health outcomes.
5
There is no data available for other KPIs such as safety record, risk transparency, health externalities, or other specific health-related programs.
6
Fair Money & Economic Opportunity
0
No evidence available to assess New Horizon Aircraft Ltd. on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
0
The company has an overall employee rating of 3.5 out of 5 stars, based on 48 Glassdoor reviews.
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64% of employees would recommend working there, and 77% approve of the CEO.
2
Employee ratings for compensation and benefits are 3.4 out of 5 stars, and for work/life balance, they are 3.6 out of 5 stars.
3
Reviews indicate pay is low compared to rival companies and benefits are described as "not the best" with "insurance pretty high."
4
There are mentions of potential abuse accusations/allegations and "shady training methods."
5
Fair Trade & Ethical Sourcing
0
No evidence available to assess New Horizon Aircraft Ltd. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
-20
New Horizon Aircraft Ltd. announced restatements of its financial statements for the years ended May 31, 2023, and May 31, 2022.
1
These restatements were announced on April 22, 2024.
2
This constitutes two restatements within the past five years, averaging 0.4 restatements per year.
3
Kind to Animals
0
New Horizon Aircraft Ltd. is focused on the design, engineering, and testing of a hybrid electric VTOL aircraft prototype.
1
The company is not yet engaged in manufacturing or operating commercial flights.
2
Based on the provided articles, there is no evidence to suggest that HOVR.US engages in activities related to animal products, animal testing, animal agriculture, or specific wildlife conservation initiatives. Therefore, all KPIs related to animal welfare are assessed as Not Applicable (N/A) to the company's current business model and operations.
No War, No Weapons
0
No specific, concrete evidence regarding HOVR.US's association with arms manufacturing, military contracts, conflict facilitation, or peace initiatives was found in the provided articles. All articles explicitly state a lack of quantitative data, regulatory actions, certifications, awards, or industry benchmarks relevant to the 'No War, No Weapons' value.
1
Planet-Friendly Business
-20
The company has no reported environmental compliance violations, fines, or regulatory actions mentioned across any of the provided articles, indicating an exemplary compliance history.
1
Respect for Cultures & Communities
0
No specific, concrete data points were found in the provided articles regarding HOVR.US's performance on any of the 'Respect for Cultures & Communities' KPIs. The articles either focused on other companies or on the technical development and job postings of HOVR.US, without addressing community engagement, cultural impact, or related initiatives.
Safe & Smart Tech
-10
The company states it has not sold any personal information data in the last 12 months and uses Secure Socket Layer (SSL) technology for transmitting sensitive information, with payment information encrypted into the payment gateway provider's database.
1
Users have the ability to unsubscribe from emails, update, correct, or delete information, and can request to know or erase their data, with the company committing to respond within 30 days.
2
The company claims compliance with GDPR and CCPA, but also transfers personal information from the EEA to countries not deemed adequate under applicable data protection law, relying on EU Standard Contractual Clauses, indicating some implementation complexities in its compliance framework.
3
Zero Waste & Sustainable Products
0
No specific, concrete data points were found in the provided articles for any of the KPIs related to Zero Waste & Sustainable Products for HOVR.US. The articles primarily focus on the company's aircraft technology, market potential, and general aerospace industry research projects (like SUSTAINair) which are not directly attributed to HOVR.US's specific practices or products.
1
Therefore, no KPIs can be scored.