Monday, November 16, 2015
Honeywell Acquires Satcom1, Strengthens IFC Offerings
|Satcom1's team. Photo: Satcom1|
[Avionics Today 11-16-2015] Honeywell has signed an agreement to acquire privately held Satcom1, a provider of on-board communications routing software and a satellite communications provider of airtime and consulting services. With this acquisition Honeywell aims to offer operators a seamless experience with an all-in-one connectivity solution spanning routing software, airtime, hardware equipment, avionics, flight support services and applications. The company expects revenues for 2015 to be approximately $25 million, and the transaction to close by the end of the year.
Satcom1 provides routing software that optimizes the In-Flight Connectivity (IFC) experience and is an existing distribution partner for Honeywell's JetWave terminals and Inmarsat's GX Aviation program. The company provides in-flight airtime, satellite communications services and software for private business aircraft, and government and head of state aircraft and helicopters. Satcom1's high-speed solutions provide real-time, reliable Internet and Wi-Fi cockpit communications that help pilots fly more safely and efficiently, and keep passengers connected in the air. Satcom1 also provides consulting services and develops specialized software and networks designed for mission-specific communication needs, such as in-combat situations.
"Demand for in-flight Internet and Wi-Fi connectivity is rapidly growing and Satcom1 will strengthen Honeywell's position as a complete provider and integrator of satellite communications equipment, software applications and global airtime services," said Tim Mahoney, president and CEO of Honeywell Aerospace.
Satcom1 boosts Honeywell's aerospace services business, which provides flight support services and applications for pilots, operators, jet owners and airlines that span flight planning, weather information, fuel savings, maintenance service plans, health check ups and more. In addition, integrating Satcom1 software with existing Honeywell hardware technologies to design customized next-generation communication and network systems will deliver a stronger connectivity experience to Honeywell customers.