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Showing posts with the label #business growth

BIG GROWTH: UNMANNED AERIAL VEHICLES

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Honeywell's New Unmanned Aerial Systems Unit Source:  Vertical Aerospace Capitalizing on Flying Taxis and Drone Deliveries Honeywell International, a major aerospace supplier,  is launching a new autonomous aerial systems business unit.  The strategic move is a bet on growth in the unmanned aviation market of flying taxis, packages and cargo delivered by unmanned vehicles and drones.  Honeywell expects that business will grow into a $120 billion market by 2030. And Honeywell expects to get 20% of that market. Technology Supplier Honeywell's area of expertise is building aviation electronics and autonomous flight control systems.  The company doesn't build the drones.  It supplies aviation electronics and autonomous flight systems to customers like Germany's Volocopter, which is building eVTOLs (electric vertical takeoff and landing) flying taxis.  Another customer is UK based Vertical Aerospace which has a prototype vehicle that can carry cargo up to 551 pou

Virgin Galactic's Supersonic Plus Flights

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Business Growth Through Space Tourism & Commercial Flights Source:  Virgin Galactic LA to Tokyo in 2 Hours Billionaire entrepreneur Sir Richard Branson is a brilliant innovator.  And he has beyond supersonic plans for his space travel company Virgin Galactic.  By the end of 2020, he expects to have flown the first commercial tourism flight into space.  Nearly 8,000 tourists have signed up for a space flight at a cost of $250,000 each.  But Branson business plans go way beyond space tourism.  He wants to revolutionize commercial air travel by using his space vehicles for greatly accelerated air travel here on Earth. Beyond Supersonic Speed - Spaceline Flying Virgin Galactic says it is the only company that can deliver flying at greater than supersonic speed in a winged aircraft.  It calls the high speed flying "Spaceline" flying.  The company says its spaceship Unity and two other space vehicles under construction can be used to vastly accelerate long