HONEYWELL MAKES STRATEGIC INVESTMENT IN RAPIDSOS, FURTHERING PUBLIC SAFETY COMMUNICATIONS CAPABILITIES
Honeywell (Nasdaq: HON) announced a strategic investment in RapidSOS, enhancing public safety communications. RapidSOS, used by over 5,200 emergency communication centers globally, will integrate with Honeywell's Connected Life Safety System (CLSS) to streamline emergency response. The aim is to reduce the emergency response time significantly, potentially saving lives. This partnership builds on Honeywell’s acquisition of US Digital Designs for improved dispatch solutions. The financial terms of the investment remain undisclosed.
- Strategic investment in RapidSOS enhances public safety capabilities.
- Integration of RapidSOS with Honeywell's CLSS could significantly reduce emergency response times.
- Acquisition of US Digital Designs enhances communication to first responders.
- RapidSOS's platform supports over 165 million emergencies annually.
- None.
ATLANTA and NEW YORK, Jan. 26, 2022 /PRNewswire/ -- Honeywell (Nasdaq: HON) today announced a strategic investment in RapidSOS, as well as technology integrations between the two companies that will further modernize and digitize the public safety communications process. RapidSOS is the emergency response data platform used by more than 5,200 emergency communications centers (ECCs) worldwide.
The existing communications infrastructure between buildings, alarm monitoring stations, emergency centers and fire stations often uses legacy, manual technology, which slows response times and affects the accuracy of transmitted information.
Through the strategic investment and technology integrations, the Honeywell Connected Life Safety System (CLSS) will link to the RapidSOS emergency response data platform to provide faster, more accurate communications with emergency centers (i.e., 911 agencies). When combined with Honeywell's solutions, RapidSOS technology will securely transmit detailed data about the emergency, such as the type of hazard, severity, and location within the impacted building to emergency response centers.
"Time matters in an emergency. If you add up the time that regulations allow for each step in the current emergency communications process, it takes 590 seconds – or nearly 10 minutes – from the time a fire is first detected to when first responders arrive at a building. We're trying to improve communications processes to cut that time in half," said Jurgen van Goethem, president of Commercial Fire and Security for Honeywell Building Technologies. "This investment in RapidSOS helps to further our efforts to improve both the quality of information shared and the time it takes for first responders to arrive at an emergency, potentially saving more lives. RapidSOS helps to deliver better information to emergency centers while our recent acquisition of US Digital Designs improves communication from the emergency center to the fire station."
Honeywell recently acquired US Digital Designs, which delivers alerting and dispatch communications solutions to enhance first responders' efficacy and enable faster emergency response times. Honeywell's public safety communications portfolio also includes Fiplex bi-directional amplifiers (BDAs) that provide continuous and critical in-building radio coverage.
"Honeywell provides critical life safety systems that enable facility managers to harness the power of data to deliver enhanced fire safety service," said Michael Martin, CEO, RapidSOS, "We are excited to work with Honeywell and equip first responders with intelligent, incident-specific connected building data before arriving on-scene to better protect our communities."
RapidSOS works with public safety agencies to provide an emergency response data platform that integrates across first responder software and operational systems. RapidSOS connects more than 400 million devices to thousands of 911 agencies supporting more than 165 million emergencies annually.
The offerings complement Honeywell's suite of solutions that help its customers meet their environmental, social and governance (ESG) goals, including improving the safety of building occupants and first responders.
Terms of the investment were not disclosed.
To learn more about Honeywell's CLSS offerings click here or visit here to learn about RapidSOS.
About RapidSOS
In partnership with public safety, RapidSOS has created the world's first emergency response data platform that securely links life-saving data from 400 million connected devices to emergency services and first responders. Through the platform, RapidSOS provides intelligent data that supports over 5,200 Emergency Communications Centers worldwide, across 165 million emergencies in 2022. Together with innovative companies recognized as RapidSOS Ready, RapidSOS is supporting first responders in saving millions of lives annually.
About Honeywell Building Technologies
Honeywell Building Technologies (HBT) is transforming the way every building operates to help improve the quality of life. We are a leading building controls company with operations in more than 75 countries supported by a global channel partner network. Commercial building owners and operators use our hardware, software and analytics to help create safe, efficient and productive facilities. Our solutions and services are used in more than 10 million buildings worldwide.
Honeywell (www.honeywell.com) is a Fortune 100 technology company that delivers industry specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.
This release contains certain statements that may be deemed "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.
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SOURCE Honeywell
