Honeywell and Denso Jointly Develop Electric Engine for UAM

[Image source= Bloomberg]

[Asia Economy Reporter Park Byung-hee] U.S. aircraft parts manufacturer Honeywell and Japanese automotive parts manufacturer Denso have signed a 10-year agreement to develop electric motors for aircraft, Bloomberg reported on the 24th (local time).

The two companies will collaborate on Urban Air Mobility (UAM), a next-generation urban transportation service gaining attention. As road traffic congestion worsens, UAM using small flying vehicles is emerging as a next-generation transportation service.

The UAM market is expected to grow to a $120 billion market by 2030. Accordingly, aircraft companies such as Boeing and Textron have already begun developing flying vehicles and electric engines that can be used in congested urban areas.

Denso is the largest parts supplier for Toyota Motor Corporation in Japan. Honeywell manufactures engines for aircraft and helicopters. The two companies stated that electric engines will help create flying vehicles that are safer, more efficient, quieter, and environmentally friendly.

The two companies plan their first test flight around this time next year and said they will discuss the potential of UAM with prospective customers through the test flight.

This content was produced with the assistance of AI translation services.