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Honeywell's (HON) cFBW System to Power AIBOT's Electric Aircraft
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Honeywell International’s (HON - Free Report) Compact Fly-By-Wire (cFBW) system has been chosen by AIBOT to support its fully electric vertical takeoff and landing (eVTOL) aircraft. HON’s cFBW technology will power the next generation of aircraft avionics and create a sustainable transportation ecosystem for the future.
This lightweight cFBW system will provide AIBOT with greater flexibility in aircraft design without compromising on power or safety. The system helps in removing conventional mechanical linkages, which control the effectors. This helps in streamlining maintenance procedures and reducing costs throughout the lifecycle of an aircraft.
The system facilitates seamless remote operation of the aircraft, translating instructions from the aircraft's operator into flight control commands on the aircraft. The system's envelope-limiting feature caters to the safety of the aircraft, thus stabilizing uniquely designed unmanned vehicles and delivering a smooth flying experience.
Powered by eight electric motors, the AIBOT aircraft can accommodate up to six passengers and a pilot. With a maximum takeoff weight of 7,000 pounds, a target maximum range of 250 miles and a speed of 250 mph, the aircraft is suited for short-haul use cases between cities and metropolitan areas across the globe.
AIBOT will start the production of fully autonomous heavy unmanned aircraft for the cargo, agriculture, high-speed inspection, and medical delivery industries.
Zacks Rank & Key Picks
Honeywell presently carries a Zacks Rank #3 (Hold).
ITT has an estimated earnings growth rate of 16.2% and 10.9% for 2023 and 2024, respectively. Shares of the company have gained 31.9% in the year-to-date period.
A. O. Smith Corporation (AOS - Free Report) presently carries a Zacks Rank #2. The company delivered a trailing four-quarter earnings surprise of 14%, on average.
A. O. Smith has an estimated earnings growth rate of 19.4% and 6.4% for 2023 and 2024, respectively. Shares of the company have gained 32.8% in the year-to-date period.
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Honeywell's (HON) cFBW System to Power AIBOT's Electric Aircraft
Honeywell International’s (HON - Free Report) Compact Fly-By-Wire (cFBW) system has been chosen by AIBOT to support its fully electric vertical takeoff and landing (eVTOL) aircraft. HON’s cFBW technology will power the next generation of aircraft avionics and create a sustainable transportation ecosystem for the future.
This lightweight cFBW system will provide AIBOT with greater flexibility in aircraft design without compromising on power or safety. The system helps in removing conventional mechanical linkages, which control the effectors. This helps in streamlining maintenance procedures and reducing costs throughout the lifecycle of an aircraft.
The system facilitates seamless remote operation of the aircraft, translating instructions from the aircraft's operator into flight control commands on the aircraft. The system's envelope-limiting feature caters to the safety of the aircraft, thus stabilizing uniquely designed unmanned vehicles and delivering a smooth flying experience.
Honeywell International Inc. Price
Honeywell International Inc. price | Honeywell International Inc. Quote
Powered by eight electric motors, the AIBOT aircraft can accommodate up to six passengers and a pilot. With a maximum takeoff weight of 7,000 pounds, a target maximum range of 250 miles and a speed of 250 mph, the aircraft is suited for short-haul use cases between cities and metropolitan areas across the globe.
AIBOT will start the production of fully autonomous heavy unmanned aircraft for the cargo, agriculture, high-speed inspection, and medical delivery industries.
Zacks Rank & Key Picks
Honeywell presently carries a Zacks Rank #3 (Hold).
Below, we discuss some better-ranked companies:
ITT (ITT - Free Report) presently carries a Zacks Rank #2 (Buy). The company pulled off a trailing four-quarter earnings surprise of 8%, on average. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
ITT has an estimated earnings growth rate of 16.2% and 10.9% for 2023 and 2024, respectively. Shares of the company have gained 31.9% in the year-to-date period.
A. O. Smith Corporation (AOS - Free Report) presently carries a Zacks Rank #2. The company delivered a trailing four-quarter earnings surprise of 14%, on average.
A. O. Smith has an estimated earnings growth rate of 19.4% and 6.4% for 2023 and 2024, respectively. Shares of the company have gained 32.8% in the year-to-date period.