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Benzinga
Benzinga
Business
Akanksha Bakshi

Honeywell And Redwire Join Forces To Build Quantum Secure Satellite For Europe

Prague,,Czech,Republic,-,May,22:,Honeywell,Company,Logo,On

Honeywell Inc. (NASDAQ:HON) signed a Memorandum of Understanding with Redwire Corporation (NYSE:RDW) to help the European Space Agency (ESA) develop a satellite designed for quantum-secured communications.

The deal builds on the Quantum Key Distribution Satellite program, or QKDSat, launched in 2024 under Honeywell's leadership. The public-private partnership brings together aerospace firms from across ESA member nations to build technology that protects sensitive communications.

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