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HomeWorldDENSO, Honeywell Ascend Into Urban Air Mobility With Expanded Alliance

DENSO, Honeywell Ascend Into Urban Air Mobility With Expanded Alliance


PHOENIX, US, May 25, 2021 – (JCN Newswire) – DENSO, a
leading mobility supplier, has signed a long-term agreement
with aerospace leader Honeywell (NASDAQ: HON), establishing
an alliance focused on electric propulsion units to meet new
aerospace needs. Drawing from their automotive and aerospace
backgrounds, the companies will develop and manufacture
electric propulsion systems for aircraft, initially
prioritizing the urban air mobility (UAM) segment with a
focus on air taxis and delivery vehicles.

DENSO
and Honeywell are in advanced discussions with current and
prospective customers and intend to deliver flight test
configurations of the electric propulsion systems within the
next year. This focus on electrified power sources will not
only help the companies fulfill UAM’s promise of providing
cleaner, safer, more efficient, quieter and freer-moving
transportation in and between cities, but also strengthen
each company’s efforts to achieve carbon neutrality by
2035.

“Mobility needs are changing and this
collaboration represents how DENSO is evolving to meet
them,” said Jiro Ebihara, a senior executive officer and
head of the Electrification Systems Business Group at DENSO
Corporation. “While we have committed to achieve a
carbon-neutral society, we still need to reduce traffic and
offer eco-friendly movement in population-dense areas.
Working with Honeywell will help address both these issues
and furthers our goal of creating mobility that is green and
offers peace of mind.”

The formal alliance follows the
companies’ initial teaming agreement in 2019. DENSO’s
ability to produce quality components at mass scale paired
with Honeywell’s storied aerospace expertise makes for an
alliance ready to take UAM to new heights. Additionally, the
alliance’s electric propulsion systems will integrate
seamlessly with Honeywell’s fly-by-wire, avionics and
actuation systems, extracting the most thrust and lift from
every watt of electricity.

“Honeywell technologies
have helped power human flight for more than 100 years, and
as electric propulsion for aircraft takes shape, Honeywell
will be at the forefront with partners like DENSO,” said
Dave Marinick, president, Engines & Power Systems,
Honeywell Aerospace. “DENSO’s leadership in automotive
technology combined with our experience in Aerospace will
help bring about cleaner and smarter ways for people to move
throughout the world.”

Honeywell is one of the world’s
leading makers of electronics, engines and mechanical
systems for aircraft. Its systems fly on virtually every
airliner in the sky, along with thousands of business jets
and light aircraft. DENSO, meanwhile, develops advanced
technology and components for nearly every make and model of
road vehicle in existence today.

The alliance with
Honeywell enhances DENSO’s Second Founding, the company’s
strategy to provide value beyond a vehicle-centric focus and
produce the core technologies for future mobility. It also
bolsters DENSO’s two great causes: “Green” – acting
environmentally friendly – and “Peace of Mind” – creating a
safer and more seamless world for all. These guide DENSO as
it leverages its 30-plus years of electrification know-how
to create cleaner, more efficient mobility and will help the
company reach its 2035 goal to be carbon neutral. Honeywell
has also pledged to be carbon neutral in its facilities and
operations by 2035.

The two companies will work
together to seek customers who can help transform how the
world moves, making transportation safer, more sustainable
and efficient.

About DENSO

DENSO is a $44.6
billion global mobility supplier that develops advanced
technology and components for nearly every vehicle make and
model on the road today. With manufacturing at its core,
DENSO invests in its 200 facilities to produce thermal,
powertrain, mobility, electrification, & electronic
systems, to create jobs that directly change how the world
moves. The company’s 168,000+ employees are paving the way
to a mobility future that improves lives, eliminates traffic
accidents, and preserves the environment. Globally
headquartered in Kariya, Japan, DENSO spent 10.0 percent of
its global consolidated sales on research and development in
the fiscal year ending March 31, 2021. For more information
about global DENSO, visit https://www.denso.com/global.

In
North America, DENSO is headquartered in Southfield,
Michigan, and employs 27,000+ engineers, researchers and
skilled workers across 51 sites in the U.S, Canada and
Mexico. In the United States alone, DENSO employs 17,700+
employees across 14 states (and the District of Columbia)
and 41 sites. In fiscal year ending March 31, 2021, DENSO in
North America generated $9.3 billion in consolidated sales.
DENSO is committed to advancing diversity and inclusion
inside the company and beyond – a principle that brings
unique perspectives together, bolsters innovation and pushes
DENSO forward. Join us, and craft not only how the world
moves, but also your career: densocareers.com. For
more information, go to https://www.denso.com/us-ca/en/.

About
Honeywell

Honeywell Aerospace products and services
are found on virtually every commercial, defense and space
aircraft. The Aerospace business unit builds aircraft
engines, cockpit and cabin electronics, wireless
connectivity systems, mechanical components and more. Its
hardware and software solutions create more fuel-efficient
aircraft, more direct and on-time flights and safer skies
and airports. For more information, visit www.honeywell.com or
follow us at @Honeywell_Aero.

Honeywell (www.honeywell.com) is a
Fortune 100 technology company that delivers industry
specific solutions that include aerospace products and
services; control technologies for buildings and industry;
and performance materials globally. Our technologies help
everything from aircraft, buildings, manufacturing plants,
supply chains, and workers become more connected to make our
world smarter, safer, and more sustainable. For more news
and information on Honeywell, please visit www.honeywell.com/newsroom.

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