Honeywell

Honeywell International Inc. is a diversified technology and manufacturing company headquartered in New Jersey, offering a wide range of products and services across various sectors. Its Aerospace segment provides advanced avionics, propulsion systems, and maintenance services for the aviation industry. The Building Technologies division focuses on energy management, fire detection, and security systems, while the Performance Materials and Technologies segment delivers automation controls, catalysts, and materials for diverse applications. Additionally, the Safety and Productivity Solutions segment supplies personal protective equipment, gas detection technology, and warehouse automation solutions. Established in 1906, Honeywell has evolved to address global challenges in safety, security, and energy efficiency, serving customers worldwide with innovative technologies and solutions. The company emphasizes its commitment to quality and technological advancement, supported by a workforce that includes a significant number of engineers and scientists.

Lucian Boldea

President and CEO

Kevin Dehoff

President and CEO

Richard Jahnke

Director

Vimal Kapur

CEO

George Koutsaftes

President and CEO

Sarah Martin

President

Farah Papaioannou

Director

Pooja Thakran

Director

Rich Jahnke

Venture Director

Past deals in Aerospace

Volocopter

Series E in 2022
Volocopter GmbH is a German company specializing in urban air mobility by manufacturing electric helicopters for passenger transport. Founded in 2011 and based in Bruchsal, the company develops innovative products such as the Volocity air taxi designed for urban environments and the Volocopter 2X, a vertical take-off and landing (VTOL) aircraft. Volocopter's services are accessible through a dedicated application, which supports piloted, remote-controlled, and fully autonomous flight options. The company has achieved significant milestones, including receiving provisional licensing for a two-seater Volocopter from the German aviation authority in 2016 and entering a partnership with RTA Dubai in 2017 to launch an autonomously flying air taxi. Volocopter aims to transform urban transportation with its advanced aerial mobility solutions.

Daedalean

Series B in 2022
Daedalean AG, founded in 2016 and based in Zurich, Switzerland, specializes in developing autonomous flight control systems for electric personal aircraft. The company focuses on creating guidance, navigation, and control software that aims to replace and enhance the capabilities of human pilots. By working on solutions for both current civil aircraft and the future of advanced aerial mobility, Daedalean is positioning itself at the forefront of aviation technology innovation.

Vertical Aerospace

Post in 2021
Vertical Aerospace builds technology to revolutionize how people fly, by making air travel personal, on-demand, and carbon-free. Since its inception in 2016, Vertical Aerospace has grown to over 70 world-class engineers and technical experts, recruited from the likes of Airbus, Boeing, Rolls-Royce, and Jaguar Land Rover. In 2019 they launched its second aircraft, the Seraph, making the first company in the world to release flight footage of an aircraft capable of carrying 250kg.

Ballard Unmanned Systems

Acquisition in 2020
Ballard Unmanned Systems designs and produces industry-leading, stored-hydrogen proton exchange membrane fuel cell systems that power unmanned aerial systems (UAS), particularly those used for energy inspection, cargo delivery, and other commercial and defense applications where demand for UAS services is growing.

ATTAbotics

Series C in 2020
ATTABotics Inc. designs and manufactures robotics automated storage and retrieval system used to store, access and move goods around a facility, these robotic systems can be used in sectors such as e-commerce, logistics, retail, grocery and advanced manufacturing. ATTAbotics Inc. was founded in 2016 and is headquartered in Calgary , Alberta, Canada.

Oxipital AI

Series B in 2020
Soft Robotics Inc., founded in 2012 and based in Bedford, Massachusetts, specializes in designing, manufacturing, and marketing robotic grippers and control systems. These advanced tools enable the manipulation of items with varying sizes, shapes, and weights, making them suitable for diverse applications in packaging, supply chain, and industrial settings. The company's innovative soft robotic technology, protected by over 40 patents, addresses the challenges of automation by offering high adaptability and reducing system complexity and costs. Their grippers are capable of handling a wide range of objects—from food products to consumer goods—without the need for tool or software changes between tasks. This versatility allows for efficient operations in industries such as food and beverage, medical devices, and e-commerce. Soft Robotics' systems are designed to integrate seamlessly with existing industrial robots and vision systems, providing solutions that enhance productivity and optimize efficiency in high SKU processing and packaging environments. The company aims to unlock the future of automation with its cutting-edge technology that combines speed, precision, and adaptability.

Daedalean

Venture Round in 2019
Daedalean AG, founded in 2016 and based in Zurich, Switzerland, specializes in developing autonomous flight control systems for electric personal aircraft. The company focuses on creating guidance, navigation, and control software that aims to replace and enhance the capabilities of human pilots. By working on solutions for both current civil aircraft and the future of advanced aerial mobility, Daedalean is positioning itself at the forefront of aviation technology innovation.

Aizon

Series B in 2019
Aizon is an AI software provider that transforms manufacturing operations with the use of advanced analytics, artificial intelligence, and other smart factory technologies focused on optimizing production within highly regulated industries. The Aizon AI platform seamlessly integrates unlimited sources of structured and unstructured data to deliver actionable insights across all manufacturing sites. Aizon offers an intuitive way to gain meaningful operational intelligence by enabling real-time visibility and predictive insights in a GxP compliant manner with end-to-end data integrity.

ATTAbotics

Series B in 2019
ATTABotics Inc. designs and manufactures robotics automated storage and retrieval system used to store, access and move goods around a facility, these robotic systems can be used in sectors such as e-commerce, logistics, retail, grocery and advanced manufacturing. ATTAbotics Inc. was founded in 2016 and is headquartered in Calgary , Alberta, Canada.

CesiumAstro

Series A in 2019
CesiumAstro delivers communication systems for Satellites, UAVs, launch vehicles, and other space or airborne platforms. Each of their products combines carefully selected COTS components with the traditional reliability necessary for aerospace systems. They believe that effective hardware solutions should not require added engineering from their customers, enabling them to focus on their core mission. Their team consists of talented engineers and scientists skilled in the design, development, manufacturing, and qualification of complex communication systems.

Oxipital AI

Series A in 2018
Soft Robotics Inc., founded in 2012 and based in Bedford, Massachusetts, specializes in designing, manufacturing, and marketing robotic grippers and control systems. These advanced tools enable the manipulation of items with varying sizes, shapes, and weights, making them suitable for diverse applications in packaging, supply chain, and industrial settings. The company's innovative soft robotic technology, protected by over 40 patents, addresses the challenges of automation by offering high adaptability and reducing system complexity and costs. Their grippers are capable of handling a wide range of objects—from food products to consumer goods—without the need for tool or software changes between tasks. This versatility allows for efficient operations in industries such as food and beverage, medical devices, and e-commerce. Soft Robotics' systems are designed to integrate seamlessly with existing industrial robots and vision systems, providing solutions that enhance productivity and optimize efficiency in high SKU processing and packaging environments. The company aims to unlock the future of automation with its cutting-edge technology that combines speed, precision, and adaptability.

Xtralis

Acquisition in 2016
Xtralis, a global provider of aspirating smoke detection along with advanced perimeter security technologies and video analytics software.

COM DEV International

Acquisition in 2016
COM DEV International Ltd. is a global designer and manufacturer of space hardware and systems. They are world leaders in the production of space-qualified passive microwave equipment, specialized electronics and optical subsystems. In addition, they provide microsatellite mission solutions ranging from mission concept studies to launch and operations. They have over 1,250 employees at facilities in Canada, the United Kingdom, the United States, India and China. COM DEV manufactures advanced technologies and subsystems which are sold to major spacecraft builders and space agencies worldwide for use in communications, space science, and remote sensing. Their technology is used on more than 950 spacecraft to date, including 80 percent of all commercial communications satellites ever launched. In addition, through recent acquisitions they are taking their core expertise in RF/microwave engineering into non-space niches where customers value premium RF performance and high reliability in harsh environments.

Aviaso

Acquisition in 2015
Aviaso Inc. is an international software company based in Pfäffikon, Switzerland, specializing in solutions for the aviation industry. Founded in 2003, it develops software aimed at enhancing fuel efficiency for airlines, enabling them to achieve significant savings. The company offers a compliance solution for the EU emissions trading system, which includes reporting capabilities for carbon management and auditing. Aviaso also provides an Airline Portal that facilitates information exchange within airlines, incorporating crew and flight information, communication, document management, and reporting functions. Additionally, the company offers consultancy services focused on fuel efficiency and data infrastructure, along with hosting and system integration services. It operates a software development center in Sofia, Bulgaria, and maintains data centers in both Switzerland and Bulgaria. Aviaso operates as a subsidiary of Honeywell International Inc.

RAE Systems

Acquisition in 2013
RAE Systems is a global provider of rapidly deployable connected, intelligent gas detection systems that enable real-time safety and security threat detection. RAE Systems products are used in more than 95 countries by many of the world's leading corporations and government agencies. RAE Systems offers a full line of wirelessly enabled solutions including personal, hand-held, transportable, and fixed instruments designed to meet the needs of any usage scenario. Applications include energy production, refining, industrial and environmental safety, public venue safety and government first responder markets.

Fire Sentry

Acquisition in 2012
Fire Sentry’s product portfolio consists of fast-responding electro-optical flame detectors, portable test lamps and dedicated control panels that are used by customers in industrial settings such as petrochemical, semiconductor, paint booth/finishing, automobile airbags and munitions plants. Fire Sentry’s products are designed to ensure rapid, accurate, and reliable detection of both hydrocarbon and non-hydrocarbon fires within a single device.

EMS Technologies

Acquisition in 2011
EMS Technologies keeps people and systems connected - on land, at sea, in the air or in space. EMS offers industry-leading technology to support Aero Connectivity and Global Resource Management markets though a broad range of cutting-edge satellite and terrestrial network products; helping businesses, assets and people stay connected and promoting universal mobility, visibility and intelligence. EMS (NASDAQ: ELMG) serves customers through operations in 12 countries.

Intelligent Automation

Acquisition in 2008
Intelligent Automation Corp.also serves the fixed wing aircraft, unmanned aerial vehicle (UAV) and ground vehicles with Health and Usage Monitoring Systems (HUMS), which provide vital information and data for aircraft diagnostics and prognostics, and airworthiness and reliability.

First Technology

Acquisition in 2005
First Technology operates globally in three main businesses: Gas Sensing (sensors and instrumentation), Automotive & Special Products, and Safety & Analysis. Honeywell will begin to integrate the Gas Sensing business into Honeywell's Automation and Control Solutions (ACS) business immediately. The transaction will enable ACS to expand its gas detection product and service offerings, extend its reach through First Technology's distribution network and strong customer relationships, and enhance its manufacturing, marketing and service expertise and efficiencies.

Aube Technologies

Acquisition in 2004
Aube Technologies specializes in the design, manufacture, and supply of electronic thermostats for the heating and cooling industry. The company offers a diverse product line that includes over 200 items such as thermostats, relays, switches, and timers. Aube Technologies serves a range of clients, including manufacturers, wholesalers, and retailers, providing them with essential components for climate control systems.

The Hymatic Group

Acquisition in 2003
The Hymatic Group designs, manufactures and overhauls components and systems, principally for use in aerospace and defence markets. Hymatic operates in three main areas: Joule-Thomson Cryogenic Coolers; Stirling Cycle Cryogenic Coolers; and Fluid Control, including aerospace components.

Invensys - Sensor Systems

Acquisition in 2002
Invensys Sensor Systems is a global supplier of sensors and controls used in the medical, office automation, aerospace, HVAC, automotive, off-road vehicle and consumer appliance industries. The transaction is subject to government approvals and other customary conditions. Invensys Sensor Systems will become part of the Automation and Control Products unit of ACS.

Tristar Aerospace

Acquisition in 1999
The Company is both a leading distributor of aerospace hardware and a leading provider of customized inventory management services to OEMs of aircraft and aircraft components, to commercial airlines and to MRO facilities. TriStar has long-established relationships with substantially all of the major suppliers of aerospace hardware, including Fairchild, Huck, SPS, Kaynar and Hi-Shear. TriStar has been designated an Authorized Distributor by more than 65 manufacturers of aerospace hardware, including most of the major fastener manufacturers.

AlliedSignal Inc.

Acquisition in 1999
AlliedSignal is a leading manufacturer of aerospace systems and components that later merged with Honeywell International, Inc., in 1999. The corporation was formed in 1920 in the consolidation of several chemical manufacturers. By 1928, Allied became the leading producer of ammonia in the world with the opening of its plant near Hopewell, Virginia. Post World War II, Allied continued to venture into new markets with the production of nylon 6 (used in manufacturing items from tires to clothing) and refrigerants. In 1958, Allied Chemical & Dye Corporation moved its headquarters to Morristown, New Jersey where it was renamed Allied Chemical Corporation. In the 1940s these companies were transformed into divisions of Allied Chemical. There were further reorganizations and acquisitions of companies and plants during the 1950s, ’60s, and ’70s, and Allied became a conglomerate. Taking the name Allied Corporation in 1981, the firm acquired the Bendix Corporation, a manufacturer of automotive and aerospace equipment, in 1983. Known as Allied-Signal in 1985, Allied expanded its aerospace, automotive, and engineered materials businesses through its merger with the Signal Companies. In 1993 the hyphen was dropped from the company’s name to convey a one-company image. In 1986 Allied-Signal spun off about 35 of its diverse subsidiary operations into a new and separate company so that the parent corporation, renamed AlliedSignal in 1993, could concentrate on its growing aerospace electronics and automotive operations. In 1999, AlliedSignal acquired Honeywell—an international controls company that developed and supplied advanced technology products, systems, and services to aviation and space companies and industry—and adopted its name which it considered to be more recognizable. This merger was valued at $15 billion. Today, with headquarters in Morristown, New Jersey and over 122,000 employees worldwide, Honeywell is organized into four major business units: aerospace, automation and control solutions, transportation systems, and specialty materials.
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