Tagged: honeywell

Honeywell Announces $300M Equity Fundraise for Quantinuum, the Quantum Computing Firm

Honeywell (NASDAQ: HON) announced the closing of a $300 million equity fundraise for Quantinuum, the integrated quantum computing company, at a pre-money valuation of $5 billion. The investment round is anchored by Quantinuum’s strategic partner JPMorgan Chase, with additional participation from Mitsui & Co., Amgen… Read More

Digital Payments: Honeywell Launches Contactless Software Payment Solution

Honeywell (Nasdaq: HON) announced the release of Honeywell Smart Pay, a contactless software payment solution “enabling the company’s powerful mobile computers to become secure and compliant payment terminals, accepting contactless mobile payments from anywhere a business sells or delivers goods and services.” Honeywell Smart Pay… Read More

Boeing Teams Up with Honeywell, a Global Aerospace Conglomerate, to Use Blockchain Tech to Sell Excess Airplane Parts

Boeing (NYSE:BA) has reportedly teamed up with Honeywell (NYSE:HON), a global aerospace conglomerate, in order to use its GoDirect platform to monitor and sell excess or unused airplane parts, worth around $1 billion, via blockchain or a distributed ledger technology (DLT)-enabled network. The partnership between… Read More

Global Tech Brand Honeywell Launches Indiegogo Campaign For New Smart Home Security System

On Wednesday, global tech brand Honeywell announced it was launching a crowdfunding campaign on Indiegogo to raise funds for its new all-in-one, self-monitored smart home security system. Originally seeking $50,000, the initiative has already achieved its funding target thanks to nearly 150 backers. According to… Read More

XTI Aircraft Company Picks Honeywell Aerospace To Supply Engines For First TriFan 600 Prototype

On Monday, XTI Aircraft Company (XTI) officially announced it has entered into a preliminary agreement with the Aerospace division of Honeywell International. Honeywell will supply the HTS900 engine for XTI’s first prototype, a two-thirds piloted subscale of the TriFan 600 vertical takeoff airplane. This announcement comes just… Read More

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