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HON

Honeywell

$161.32 /

-0.41 (-0.25%)

12:52
04/08/19
04/08
12:52
04/08/19
12:52

Honeywell, Volocopter to test, develop automatic landing systems

Honeywell and Volocopter have signed an agreement to jointly test and develop new navigation and automatic landing systems for Volocopter's vertical takeoff and landing aircraft as the emerging era of urban air mobility moves closer to delivering a new breed of cleaner, safer and smarter air vehicles. This agreement launches Honeywell's extensive autonomous sensing and flight technologies, including inertial measurement units, attitude heading reference solutions and potentially other urban air mobility, or UAM, innovations, into this rapidly developing transportation market. These solutions feature and build on technologies developed under Europe's Clean Sky 2 and Single European Sky Air Traffic Management Research, or SESAR, 2020 industry and government collaboration programs. Honeywell and Volocopter aim to prove and mature existing technologies by testing and evolving various sensor-based navigation systems for use in fully-electric vertical takeoff and landing aircraft. These tests will help the two companies create new technologies for urban air mobility.

  • 18

    Apr

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HON Honeywell
$161.32 /

-0.41 (-0.25%)

03/25/19 Deutsche Bank
Deutsche Bank makes 'Catalyst Call' to buy Honeywell, sell 3M
02/04/19 Argus
Honeywell weakness offers buying opportunity, says Argus
02/04/19 Deutsche Bank
Honeywell price target raised to $160 from $153 at Deutsche Bank
01/15/19 JPMorgan
GE risk/reward unfavorable into Q4 report, says JPMorgan's Tusa

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