Honeywell Intl Inc Stock Price, News & Analysis

Honeywell (Nasdaq: HON) announced that Castellini Company, a major Midwest fresh and frozen produce supplier, has integrated Honeywell's mobile computing solutions to enhance efficiency in its distribution operations.

The deployment includes CK65 and CT40 mobile computers, VM1 vehicle-mounted computers, and RT10 tablets based on the Mobility Edge platform. Castellini will also utilize Honeywell's Operational Intelligence Professional software for better device management and reduced downtime. This partnership aims to meet rising consumer demand and support faster delivery standards.

Honeywell (Nasdaq: HON) has unveiled its Smart Flexible Depalletizer, an advanced robotic solution aimed at automating the unloading of pallets in warehouses. This innovation leverages machine learning and perception technologies to minimize manual labor, thereby reducing operational risks, injuries, and labor shortages. The depalletizer enhances efficiency by operating continuously across multiple shifts and adapting to various packaging types, contributing to improved throughput as consumer demand grows. It will be showcased at the upcoming PACK EXPO International in Las Vegas.

Honeywell and Wood have unveiled innovative technologies aimed at producing carbon-neutral aviation fuel. Their collaboration utilizes Honeywell's UOP Ecofining and Wood's hydrogen plant technologies to achieve up to 100% reduction in lifecycle greenhouse gas emissions compared to traditional jet fuels. By converting waste oils and fats into Honeywell Green Jet Fuel, emissions can be decreased by 80%. The integration of technologies can further enhance this by generating renewable hydrogen, which contributes to a cleaner fuel process. This partnership aligns with the U.S. Sustainable Aviation Fuel Grand Challenge, targeting 3 billion gallons of sustainable aviation fuel by 2030.

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.