
Honeywell [HON] has created a new business unit dedicated to unmanned aerial systems (UAS) and urban air mobility (UAM) with dedicated engineering and sales resources valuing the hardware and software market for such systems at $120 billion by 2030 , the company said on Monday. “Urban Air Mobility and Unmanned Aerial Systems will play an increasing role in the future of aerospace, with potential applications in all-electric urban air taxi vehicles, hybrid-electric unmanned cargo drones, optionally piloted airplanes, delivery drones…