Honeywell to collaborate with Hanwha Systems on urban air mobility development in South Korea
Honeywell and Hanwha Systems have signed a memorandum of understanding to collaborate on unmanned aerial systems (UAS) and urban air mobility (UAM) technology development in South Korea.
Based in South Korea, Hanwha Systems provides differentiated smart technologies in defense electronics and information infrastructure, while Honeywell is a leader in UAS/UAM technology, offering ready technologies helping customers create a more sustainable future for aviation.
Honeywell and Hanwha Systems will investigate various hybrid propulsion solutions for Hanwha Systems’ UAM platform and the application of Honeywell’s competitive offerings enable the UAS/UAM market.
Hanwha Systems CEO Sungchul Eoh said: “We are focusing our efforts in developing UAM, vertiport and transport management services to secure a lead in global UAM.
“We are seeking to develop new business opportunities in this market by leveraging strengths with main players in the global aerospace industry such as Honeywell.”
Honeywell Aerospace vice president and general manager for power systems David Shilliday added: “UAM will revolutionise the future of transportation, drastically improving sustainability, transportation logistics and customer experience.
“We are excited to expand our work in this area through this collaboration with Hanwha Systems, a leading manufacturer of unmanned aerial systems in Korea.”
Honeywell Aerospace Defense and Space president Ricky Freeman continued: “Collaborating on the development of urban air mobility technology aligns with our customers’ defense modernisation programs.
“Honeywell’s urban air mobility and electric propulsion systems play a critical role and are key enablers of the battlefield of the future.”
Hanwha Systems is committed to becoming a global UAM solution provider. From urban air transport systems and airframe development to takeoff and landing facilities, operation and maintenance systems to linked service applications, Hanwha Systems is exploring opportunities to provide total solutions for future mobility.
Last month, Overair announced an investment of $145 million from Hanwha Systems to fly its Butterfly all-electric experimental prototype in the second half of 2023, with Hanwha providing electric motors and battery packs for Overair’s prototypes.
Honeywell recently announced awards with Lilium and Vertical Aerospace, marking Honeywell’s first venture to provide UAM solutions in South Korea. In May, Lilium partnered with Honeywell Aerospace and Denso to develop and manufacture an electric motor to power Lilium Jet’s engines. Honeywell invested in Lilium in 2021 and is already developing its avionics and flight control systems.

