Honeywell International, Inc. - HON STOCK NEWS

Honeywell (NASDAQ: HON) announced a partnership with Ultium Cells LLC, a joint venture between LG Energy Solution and General Motors, to supply its Quality Control System (QCS) for a new lithium-ion battery manufacturing plant in Lordstown, Ohio. Set to be one of the largest EV battery plants in the U.S., this facility will produce batteries for GM electric vehicles. Honeywell's QCS will incorporate advanced measurement technology to ensure production quality, aiming to enhance efficiency and profitability as the market for zero-emission vehicles grows.

Honeywell has strengthened its position in the small satellite market by launching three new products: the X Band Downlink Transmitter, Optical Communication Terminal, and Commercial Series reaction wheel assemblies. These products cater to the unique requirements of small satellites, which are part of larger constellations. The X Band Downlink Transmitter enables satellite-to-ground communication, while the OCT supports higher data rates between satellites. Honeywell aims to meet the growing demand for high-performance satellite technology, with production expected by late 2021.

Honeywell (NASDAQ: HON) has announced that Mike Spencer, CFO of Honeywell Connected Enterprise, will present at the Bank of America Virtual Industrial Software and Automation Summit on September 21, 2021, from 9:00 a.m. - 9:50 a.m. EDT. A real-time audio webcast will be available on Honeywell's investor website, and a replay will be accessible for 90 days post-event. Honeywell is a Fortune 100 technology company focusing on delivering solutions in aerospace, control technologies, and performance materials.

Honeywell (NASDAQ: HON) is set to participate in two investor conferences this September. CEO Mike Madsen will present at the Vertical Research Partners Global Industrials Conference in Westbrook, Conn. on September 10, 2021, from 9:30 a.m. to 10:10 a.m. EDT. Additionally, CEO Que Dallara will speak at the virtual William Blair "What's Next for Industrials?" Conference on September 23, 2021, from 9:00 a.m. to 9:45 a.m. EDT. Webcast access for both events can be found on Honeywell's investor relations website.

Honeywell has announced a new technology suite designed for light drones, enhancing their operational range threefold while reducing human intervention. The Beyond Visual Line of Sight (BVLOS) technologies enable drones to carry more weight, avoid obstacles up to three kilometers away, and stream video globally. Key components include hydrogen fuel cells, a multipurpose radar, and satellite communication systems. The fuel cells operate longer than traditional batteries, are silent, and emit no greenhouse gases. These advancements are expected to make drone operations more efficient across various applications.

Honeywell has launched a breakthrough in satellite communications technology designed for Pipistrel's new aircraft, including the Surveyor and unmanned Nuuva platforms (V300 and V20). Weighing just 1 kilogram, the Small UAV SATCOM system is 90% lighter than Honeywell's previous systems while offering similar capabilities. It enables global communication, beyond-visual-line-of-sight (BVLOS) connectivity, and real-time data relay. This innovative solution aims to enhance operations in remote areas, making it suitable for logistics and delivery applications.

Honeywell (NASDAQ: HON) has been chosen by Copa Airlines to supply its Air Separation Module (ASM) kit for Boeing 737 aircraft. This new ASM technology enhances safety by separating oxygen from nitrogen to reduce fire risks in fuel tanks and is designed for a lifespan of seven years. The installation process is faster than existing systems, leading to lower maintenance costs. Copa Airlines values this integration, enabling improved cost control while ensuring operational reliability. This marks a significant advancement in aircraft safety and operational efficiency in the aviation sector.

Honeywell (NASDAQ: HON) announced a $23 million modernization project at Fort Benning, enhancing energy resilience and comfort for soldiers and staff. This initiative aims to reduce energy consumption substantially and generate $1.4 million in annual savings. The project, part of a 25-year energy savings performance contract valued at $43 million, involves upgrades across 300 buildings, including energy-efficient systems and renewable energy solutions. Honeywell guarantees the energy savings, making the project financially self-sustaining without requiring upfront capital.