HYMLF - Honeywell named avionics supplier for Hyundai's air taxi unit
- Hyundai Motor's ( OTCPK:HYMLF ) ( OTCPK:HYMTF ) air taxi unit has selected Honeywell ( NASDAQ: HON ) to develop avionics systems for its eVTOL (electric vertical take-off and landing) aircraft, Reuters reported on Friday.
- Supernal, Hyundai's US-based eVTOL firm, will work alongside Honeywell ( HON ) to integrate its 'Anthem' flight deck into the air taxis that are due to enter commercial service in 2028.
- Honeywell ( HON ) has investments in other eVTOL firms, such as Lilium ( LILM ), Vertical Aerospace and Volocopter. The collaboration with Supernal is its first with an air taxi firm established by an automaker.
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Honeywell named avionics supplier for Hyundai's air taxi unit