Honeywell and Temasek become strategic investors in AirMap

AirMap has announced the addition of two strategic partners – Honeywell and Temasek.

According to a Linkedin posting by AirMap Co-Founder and Chairman Ben Marcus:

“Honeywell Ventures invests in early-stage, high-growth companies around the world that have emerging or disruptive technologies and are strategically aligned to their investment portfolio and software capabilities. A multinational conglomerate and leading aerospace technology company, Honeywell sees UTM as a critical enabler for drone operations by customers. The company currently uses AirMap’s application programming interfaces (API) for industrial customers in operations such as inspecting power lines and downstream oil and gas equipment.”

Honeywell Aerospace Senior Director for UAV Programs, Brad Westphal, said: “Effective airspace planning and management starts with educating others and learning from real-world applications. By working with AirMap, we accelerate our end-to-end offering for our customers and bring scalable, safe UTM operations into controlled airspace.”

Incorporated in 1974, Temasek is a global investment company headquartered in Singapore. Supported by its network of international offices, Temasek owns a USD235 billion portfolio as at 31 March 2018, with significant exposure to Singapore and the rest of Asia.

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