Honeywell and Hanwha Systems announced today at Farnborough International Air Show the signing of a memorandum of understanding (MOU) to collaborate on unmanned aerial systems and urban air mobility (UAS/UAM) technology development in South Korea.
According to the press release “Hanwha Systems based in South Korea, provides differentiated smart technologies in defense electronics and information infrastructure. Honeywell as a leader in UAS/UAM technology, offers a wide variety of ready-now technologies helping customers create a more sustainable future for aviation.
“Under the terms of the MOU, Honeywell and Hanwha Systems will investigate various hybrid propulsion solutions for Hanwha Systems’ UAM platform and the application of Honeywell’s broader portfolio of competitive offerings designed to enable the UAS/UAM market.”
“We are focusing all our efforts in developing UAM airframe, vertiport and transport management services to secure a leading position in global UAM value chains,” said Sungchul Eoh, CEO, Hanwha Systems. “By fully leveraging strengths with main players in the global aerospace industry, such as Honeywell, we are seeking to develop new business opportunities in this market.”
Hanwha Systems the press release reports “is committed to becoming a global UAM solution provider. From urban air transport systems and airframe development to takeoff and landing facilities, operation and maintenance systems to linked service applications, Hanwha Systems is exploring all opportunities to provide total solutions for future mobility.
“Honeywell’s UAS/UAM technologies include avionics, navigation and sensors, flight control systems, electric and hybrid-electric propulsion solutions, connectivity, and other offerings. Honeywell has recently announced awards with market leaders Lilium and Vertical Aerospace in this market and is a recognized leader in advanced air mobility. This MOU marks Honeywell’s first venture to provide UAM solutions in South Korea.”
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