Honeywell (HON) Boosts Navigation Offerings With New IMUs
Zacks Investment Research | Sep 13, 2019 07:41AM ET
Honeywell International Inc. (NYSE:HON) is launching two new inertial measurement units (IMUs) for providing advanced navigation grade performance in a small and lightweight package. Both these IMUs — the HGuide i300 Micro-Electro-Mechanical System IMU and the HG4930 S-Class IMU, which utilize proven inertial sensor technology, serve as advanced precision inertial solution on land, air and sea.
These IMUs with state of the art sensors are designed to meet the requirements of a range of applications across various markets like robotics, aerospace, agriculture, survey/mapping, and transportation. Notably, leveraging gyroscopes, accelerometers and electronics, an IMU helps in providing precise rotation and acceleration data to a control system of a platform. Also, these units allow the system to compute their exact location, direction of travel and speed, even in the absence of GPS signals.
The HGuide i300 IMU’s exceptional small size and light weight along with its low power requirements makes it an appropriate choice for several industrial applications like precision agriculture, autonomous vehicle testing, platform control, pipeline inspections and motion compensation. As noted by the company, this IMU offers a precise and reliable guidance, control and pointing capabilities during most demanding situations. On the other hand, the HG4930 S-Class IMU, which comes as a substitute for Fiber Optic Gyro IMUs, offers a high bandwidth and high data rates for precision stabilization requirements. Moreover, both these units have other user benefits including a range of user-changeable options, multiple and configurable communication protocols and tested ruggedness throughout the unit life.
Our Take
Strength in commercial aftermarket business and strong orders in the U.S. and international defense business are likely to drive Honeywell’s Aerospace segment’s revenues in the quarters ahead. Also, solid demand for commercial fire and security products is likely to continue bolstering revenues of Building Technologies segment. Further, the company believes that strong demand for its warehouse automation, sensing and IoT businesses will boost Safety and Productivity Solutions segment’s revenues.
Year to date, Honeywell’s shares have gained 27.6% compared with the Zacks Investment Research
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