Honeywell, Hanwha Systems to collaborate on urban air mobility development in South Korea

Honeywell (NASDAQ: HON) and Hanwha Systems announced the signing of a memorandum of understanding (MOU) to collaborate on unmanned aerial systems and urban air mobility (UAS/UAM) technology development in South Korea. Based in South Korea, Hanwha Systems provides differentiated smart technologies in defense electronics and information infrastructure. Honeywell is a leader in UAS/UAM technology, offering [...]