Honeywell, a leader in the aerospace industry for avionics, has now created a dedicated business unit within its company specifically for drones and aerial mobility technology. As well as providing flight electronics, Honeywell is also developing important offerings relating to unmanned aerial systems as a whole.
The ‘aerial mobility and unmanned aerial systems’ business unit will have its own set of company resources, including engineerings and sales teams. Honeywell sees the new business unit as necessary, having valued the aerial mobility hardware and software industry at $120 billion by 2030. The company believes that with the creation of the new business unit this early, it could capture 20% of that valuation.
Said Mike Madsen, president and CEO of Honeywell Aerospace: “Urban Air Mobility and Unmanned Aerial Systems will play an increasing role in the future of aerospace, with potential applications in all-electric urban air taxi vehicles, hybrid-electric unmanned cargo drones, optionally piloted airplanes, delivery drones and everything in between.”
According to the company, Honeywell UAM will “develop new products and services uniquely for these markets” and act as a systems integrator for existing Honeywell products and services that could be used by the UAS and UAM industries. Offerings will include avionics, electric and hybrid-electric propulsion and thermal management, flight services and ground operations services.
Since entering the aerial mobility space, Honeywell has made vast progress already into creating offerings for new upcoming vehicles and companies. In the last year, Honeywell has announced projects for eVTOL cooling systems, visual flight control hardware, autonomous landing, air taxi fly-by-wire packages, and even electric engines designed specifically for aerial mobility. It has also established partnerships with several key aircraft developers including Pipistrel, Vertical Aerospace, Volocopter, and Eviation.
Learn more about the new aerial mobility business unit at Honeywell’s website:
Why it’s important: With the establishment of this aerial mobility business unit, Honeywell further reaches its arms into the future of urban aviation. By partnering with and contributing to early-stage air taxi companies now, as well as building key initial technologies, Honeywell has begun to ensure its place in the future of aerial mobility. So far, it has already done much to contribute large-company resources to this growing industry.