Tuesday, 13 May 2025

Focus on Honeywell International Inc.

FILE PHOTO: A logo of Honeywell is pictured on their booth during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 22, 2017.  REUTERS/Denis Balibouse/File Photo
AviationBusinessElectric Vehicles (EVs)FinanceIndustryNewsSemiconductor

Honeywell, NXP Semiconductors expand partnership to develop aviation technology

Honeywell and NXP partner to enhance AI-driven avionics, advancing autonomous flying and urban eVTOL technology.

FILE PHOTO: A prototype of an electrical air-taxi drone by German start-up Volocopter that takes off and lands vertically performs a non-passenger flight over Le Bourget airport, near Paris, France, June 21, 2021. REUTERS/Christian Hartmann/File Photo
AviationBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsTransport

German air taxi start-up Volocopter files for insolvency

Air taxi start-up Volocopter GmbH filed for insolvency proceedings on Monday, citing its inability to raise new funds to maintain regular operations.