Honeywell Sees Consolidation and Longer Path to Market for eVTOL Makers

Technology group does not expect scaled air taxi service until at least 2028

Honeywell is developing ground control stations for uncrewed eVTOL cargo operations.

By Charles Alcock • Managing Editor

March 22, 2024

The next two years for the advanced air mobility (AAM) sector will see a wave of consolidation as some eVTOL aircraft developers drop out of the intense competition to make it to market, according to Honeywell Aerospace, a strategic partner and supplier to multiple new programs. Leaders with the U.S. group’s Uncrewed Aircraft Systems/Urban Air Mobility business unit told journalists at a briefing in London on Friday that it does not expect to see air taxi operations launching until 2026, with another two years beyond then before these scale up significantly.

However, uncrewed middle-mile cargo services could be up and running by the end of this year or early 2025, according to the company’s chief technology officer for AAM, Daniel Newman, who predicted a “culling of [eVTOL program] offers.” During the briefing, he and product management director Sapan Shah demonstrated a ground control station Honeywell is developing to allow “mission managers” to direct multiple flights simultaneously. The company believes eVTOL freighters will make same-day delivery a reality anywhere.

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