Welcome to our dedicated page for Honeywell Intl news (Ticker: HON), a resource for investors and traders seeking the latest updates and insights on Honeywell Intl stock.
Honeywell International Inc. (HON) delivers mission-critical solutions across aerospace, industrial automation, and energy technologies. This dedicated news hub provides investors and professionals with essential updates directly from the company and verified industry sources.
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Key updates include regulatory filings, leadership announcements, and R&D breakthroughs in IoT-enabled industrial solutions. Content is organized for quick scanning while maintaining technical accuracy across Honeywell's diversified business segments.
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Honeywell (Nasdaq: HON) has launched Solstice N71 (R-471A), a new low-global-warming-potential refrigerant for the supermarket sector, featuring a GWP of less than 150. This non-flammable and energy-efficient solution comes as supermarkets face increasing regulatory pressure to adopt eco-friendly refrigerants amidst changing global standards. The introduction of Solstice N71, which supports compliance with impending regulations from California and the European Union, reflects Honeywell's commitment to sustainability and innovation, building on its successful Solstice product line that has already prevented over 250 million metric tons of CO2 emissions.
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.
Honeywell and FREYR Battery announced a collaboration to enhance energy storage solutions through the utilization of Honeywell's technology. The agreement includes Honeywell purchasing 19 GWh of battery cells from FREYR, intended for various energy storage applications from 2023 to 2030. This partnership aims to address the growing demand for clean energy storage systems, leveraging both companies' expertise in manufacturing and automation. The project is pivotal to the transition towards renewable energy, with plans for a potential investment decision on FREYR's gigafactory in Norway.
Honeywell (NASDAQ: HON) and FREYR Battery (NYSE: FREY) announced a strategic agreement aimed at integrating Honeywell's advanced technology in FREYR's battery manufacturing process. The partnership involves Honeywell purchasing 19 GWh of battery cells from FREYR between 2023 and 2030 for various energy storage applications. This collaboration aims to deliver smart energy storage solutions for commercial and industrial sectors. The move positions both companies favorably in the transition towards renewable energy and decarbonization efforts.
Honeywell (NASDAQ: HON) has elected Rose Lee to its board of directors as an independent director. Lee, currently the president and CEO of Cornerstone Building Brands, brings extensive ESG experience and a strong background in operations and technology. Her appointment aims to strengthen Honeywell's leadership and advance sustainability initiatives. Lee holds degrees from Cornell University, Rensselaer Polytechnic Institute, and MIT. Chairman Darius Adamczyk emphasized her commitment to inclusion and diversity as essential to Honeywell's transformation.
Honeywell (NASDAQ: HON) is set to release its fourth quarter financial results and provide guidance for 2022 on February 3, 2022, before the Nasdaq opens. A conference call will follow at 8:30 a.m. EST. Investors can join by dialing (301) 715-8592. A webcast of the call will be available at honeywell.com/investor, along with relevant materials. Honeywell specializes in aerospace products, control technologies, and performance materials, aiming to enhance connectivity and sustainability across industries.
Honeywell (Nasdaq: HON) and Acalvio Technologies have launched the Honeywell Threat Defense Platform (HTDP), designed to detect known and unknown cyber attacks in operational technology (OT) environments. With advanced active defense mechanisms and autonomous deception tactics, HTDP aims to protect critical systems across various sectors, including utilities and hospitals. A Honeywell survey revealed that 27% of facility managers faced cyber breaches in the past year. The solution is user-friendly and can be deployed in both on-premises and cloud environments, enhancing organizational cybersecurity.
Honeywell's refrigerant technology, Solstice® ze (R-1234ze), is now powering a new cooling system at the Eiffel Tower. This upgrade replaces the older refrigerant R-407C, significantly reducing greenhouse gas emissions with an ultra-low GWP of 1. The installation meets EU regulations and enhances energy efficiency, reliability, and safety. The project aligns with Honeywell's commitment to sustainability and follows their $1 billion investment in low-GWP solutions. This initiative supports ongoing efforts to lower the carbon footprint of this iconic landmark.