DAILY INNOVATION BRIEF by Maryanne Kane, Journalist
DAILY INNOVATION BRIEF By Journalists Edward Kane & Maryanne Kane HONEYWELL FORECASTS FLYING TAXI BOOM Honeywell International, the global technology company focused on aerospace & automotive innovations, is forecasting that flying taxis will be operating commercially by 2025 slowly at first but will be accelerating into a booming business by 2030 First users of the eVTOLs, or electric vertical takeoff and landing vehicles, will be the military and cargo transportation companies Honeywell is one of the largest suppliers of military aircraft and equipment to the US government and is a big original equipment manufacturer (OEM) for the air taxi industry, with leading edge flying taxi customers like Lilium & more The company expects its share of the eVTOL business to hit $2 billion by 2030 At an investor's conference today