Connect with us

Technology

Honeywell Aerospace completes spin-off from Honeywell Technologies and begins trading on Nasdaq

Published

on

Establishes Honeywell Aerospace as an independent, global leader in the aerospace and defense industry Positions the company to deliver long-term profitable growth by expanding market leadership, investing in innovation, and strengthening operational capabilities Shares begin trading today on Nasdaq under the ticker symbol “HONA” Released supplemental historical quarterly financial information

PHOENIX, June 29, 2026 /PRNewswire/ — Honeywell Aerospace Inc. (“Honeywell Aerospace”, Nasdaq: HONA), a leading global tier-1 aerospace and defense supplier of mission critical systems and technologies, today celebrates its first day as an independent, publicly traded company following the completion of its spin-off from Honeywell International Inc. (“Honeywell Technologies”, Nasdaq: HON). Shares of Honeywell Aerospace will begin trading on the Nasdaq Stock Market effective at the market opening.

Honeywell Aerospace builds on a heritage of industry-defining innovations that began with the invention of the first autopilot in 1914. Its differentiated technologies scale across platforms and attractive end markets as it utilizes a “develop once, deploy everywhere” approach to innovation. The company launches with more than 36,000 employees who deliver safe, efficient and reliable solutions to over 10,000 global customers.

“Today marks the start of a new era for Honeywell Aerospace,” said Jim Currier, Chief Executive Officer of Honeywell Aerospace. “As an independent aerospace and defense company, we are fully dedicated to our mission to protect and advance the promise of flight to create a safer, more connected world. We are poised to deliver significant value for our customers and shareholders by leveraging a best-in-class operating system to expand our leading market positions, investing in our supply base and innovation to drive profitable growth, and pursuing disciplined capital allocation backed by a strong balance sheet.”

The spin-off was completed through the distribution by Honeywell Technologies of all shares of Honeywell Aerospace common stock. Each Honeywell Technologies shareholder of record as of the close of business on June 15, 2026, is receiving one share of Honeywell Aerospace common stock for every two shares of Honeywell Technologies common stock owned. Shareholders will receive cash in lieu of fractional shares of Honeywell Aerospace common stock.

Supplemental historical quarterly financial information
Honeywell Aerospace released select quarterly financial information for fiscal years 2024 and 2025 in a Form 8-K filed with the SEC.

About Honeywell Aerospace
Honeywell Aerospace (Nasdaq: HONA) is an independent global aerospace and defense company whose critical technologies are broadly deployed on the world’s leading commercial air transport, business aviation, defense and space platforms. These integrated solutions enable safer, more efficient, and more reliable missions. Headquartered in Phoenix, Arizona, the company employs more than 36,000 people globally and supports more than 10,000 customers. With a broad portfolio spanning avionics and navigation systems, engines and power systems, and control systems for aircraft, Honeywell Aerospace combines commitment and deep engineering expertise to drive innovation and long-term value for the aerospace industry. For more information, visit www.honeywellaerospace.com or follow Honeywell Aerospace on LinkedIn. 

Additional information
Honeywell Aerospace uses our Investor Relations website, investor.honeywellaerospace.com, as a means of disclosing information which may be of interest or material to our investors and for complying with disclosure obligations under Regulation FD.  Accordingly, investors should monitor our Investor Relations website, in addition to following our press releases, SEC filings, public conference calls, webcasts, and social media.

Forward-looking statements
Certain statements in this release are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended.  Forward-looking statements are those that address activities, events, or developments that management intends, expects, projects, believes, or anticipates will or may occur in the future.  They are based on management’s assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control.  They are not guarantees of future performance, and actual results, developments and business decisions may differ significantly from those envisaged by our forward-looking statements.  We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law.  Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as changes in or application of trade and tax laws and policies, including the impacts of tariffs and other trade barriers and restrictions, lower GDP growth or recession in the U.S. or globally, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, that can affect our performance in both the near- and long-term.  In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved.  Some of the important factors that could cause Honeywell Aerospace’s actual results to differ materially from those projected in any such forward-looking statements include, but are not limited to: (i) the possibility that the spin-off transaction will not achieve its intended benefits; (ii) the impact of the spin-off transaction on Honeywell Aerospace’s businesses and the risk that the spin-off transactions may be more difficult, time-consuming or costly than expected, including the impact on Honeywell Aerospace’s resources, systems, procedures and controls, diversion of management’s attention and the impact on, and possible disruption of, relationships with regulators, customers, suppliers, employees and other business counterparties; (iii) the possibility of disruption, including disputes, litigation or unanticipated costs, in connection with the spin-off transaction; (iv) the uncertainty of the expected financial performance of Honeywell Aerospace following completion of the spin-off transaction; (v) the ability to achieve anticipated tax treatments in connection with the spin-off transaction and future, if any, divestitures, mergers, acquisitions and other portfolio changes and the impact of changes in relevant tax and other laws; (vi) the failure to realize expected benefits and effectively manage and achieve anticipated synergies and operational efficiencies in connection with the spin-off transaction and completed and future, if any, divestitures, mergers, acquisitions, and other portfolio management, productivity and infrastructure actions; (vii) indebtedness incurred in the financing transactions undertaken in connection with the spin-off and risks associated with additional indebtedness; and (viii) the risk that incremental costs of operating on a standalone basis (including the loss of synergies), costs of restructuring transactions and other costs incurred in connection with the spin-off transaction will exceed Honeywell Aerospace’s estimates.  These forward-looking statements should be considered in light of the information included in this release, our final information statement, dated June 15, 2026, and other filings with the SEC.  Any forward-looking plans described herein are not final and may be modified or abandoned at any time. 

Contacts:

Media

Investor Relations

Brian Grace

Sean Meakim

(602) 897-0205

(623) 223-5980

Brian.Grace@honeywellaerospace.us

Sean.Meakim@honeywellaerospace.us

View original content to download multimedia:https://www.prnewswire.com/news-releases/honeywell-aerospace-completes-spin-off-from-honeywell-technologies-and-begins-trading-on-nasdaq-302813137.html

SOURCE Honeywell Aerospace Inc.

Continue Reading

Technology

Dahua Technology Showcases Integrated Smart Living and Innovations at IFA Berlin 2026

Published

on

By

BERLIN, Sept. 4, 2026 /CNW/ — Dahua Technology, a world-leading video-centric AIoT solution and service provider, is showcasing its expanding portfolio of intelligent products and solutions at IFA Berlin 2026, highlighting the company’s continued innovation in its core technology strengths while extending AIoT capabilities into a broader range of business areas.

At this year’s exhibition, Dahua is presenting innovations spanning wireless surveillance, intrusion alarm, video intercom, monitor, and fire safety. The lineup demonstrates how Dahua is building on its expertise in video, AI, and intelligent security to address a wider range of residential, commercial, and professional needs.

WITHS: Extending Professional Security through Wireless Innovation

Developed around the concept of “Simple, Smart, Secure”, WITHS brings Dahua’s professional imaging and intelligent security expertise into a flexible wireless portfolio designed for easier deployment and management.

Supporting Wi-Fi, 4G, and DMSS app control, WITHS helps reduce cabling requirements and enables smaller installations to be conveniently managed through mobile devices, while NVR-based management supports larger applications. Its intelligent capabilities include human, pet, and vehicle detection, auto tracking, gesture recognition, facial recognition, AOV/AOR recording, WizColor imaging, and two-way talk. It covers indoor, outdoor, wire-free, and off-grid scenarios, including solar-powered and high-capacity battery options.

Dahua AirShield: Integrated Wireless Intrusion Protection

Dahua AirShield provides wireless intrusion protection by integrating alarm devices with surveillance, video intercom, and other security systems. Its Airfly private RF protocol supports event transmission between alarm hubs and wireless peripherals, while RF-HD enables rapid image and audio transmission from compatible devices.

The solution supports wired devices through expansion modules, helping users modernize existing systems while reducing upgrade costs. Powered by DoLynk Cloud, AirShield connects end-users, installers, and Alarm Receiving Centers through DMSS and DoLynk Care. AP Mode provides flexible network configuration, while Cloud Update enables one-click upgrades of alarm hubs and wireless peripherals.

Dahua WizTalk: Intelligent Residential Video Intercom

Dahua WizTalk, the company’s flagship IP video intercom series, combines high-resolution imaging, AI capabilities, integrated security, and intelligent residential control. Selected door stations feature 5MP or 5MP+2MP dual-camera configurations, full-color night vision, ultra-wide viewing angles, and panoramic vertical dual-lens designs.

WizTalk supports detection of people, loitering, vehicles, packages, and pets, while selected models also provide crying detection. Its indoor panels integrate video surveillance, PTZ control, digital zoom, and intrusion alarm functions. SCP Series Smart Control Panels running Android 14 also support compatible third-party applications, allowing multiple functions to be managed through a unified interface.

More Technological Innovations Beyond Security

Beyond these core highlights, Dahua is also presenting fire safety solutions and gaming monitors, further demonstrating the breadth of the company’s growing product portfolio. Wisualarm extends Dahua’s capabilities into professional fire detection and alarm applications, including connected fire protection and AI-assisted early fire detection, while Dahua monitors address commercial, gaming, and residential display needs.

“IFA gives us an opportunity to show both the depth of our technology expertise and the breadth of our growing portfolio,” said Eason Rao, Overseas Product General Manager at Dahua. “We are continuing to strengthen our core businesses while exploring new opportunities and developing solutions that bring intelligent technology to more applications and customers.”

Experience Dahua at IFA 2026!

Visitors can experience Dahua’s latest technologies through live demonstrations and speak directly with the company’s product and business teams about their applications and development. Through its diverse portfolio, Dahua continues to strengthen its core businesses while exploring new opportunities to bring intelligent technology to more customers and scenarios.

IFA Berlin 2026 | September 4–8, 2026 | Berlin, Germany 
Dahua Booth: H1.2-173

View original content to download multimedia:https://www.prnewswire.com/news-releases/dahua-technology-showcases-integrated-smart-living-and-innovations-at-ifa-berlin-2026-302870256.html

SOURCE Dahua Technology

Continue Reading

Technology

Optima Announces Strategic Partnership with Arthur to Advance Immersive and AI-Powered Learning

Published

on

By

Optima announces a strategic partnership with Arthur to advance its immersive, AI-powered learning vision.

NAPLES, Fla., Sept. 4, 2026 /PRNewswire-PRWeb/ — Optima, a leader in immersive education and AI-powered learning, today announced a strategic partnership with Arthur, an AI-powered platform for immersive experiences and human-AI collaboration.

Optima has completed the migration of its full library of immersive educational content to the Arthur platform. The company will also use Arthur to develop its next generation of immersive learning experiences and integrate artificial intelligence more deeply throughout those environments.

The partnership provides Optima with greater control over how its immersive and AI capabilities are developed, deployed, and expanded. Optima will retain ownership of its intellectual property while gaining the flexibility to customize experiences, integrate AI technologies, and scale its content across a growing number of students, schools, and educational partners.

“This partnership represents an important step forward in Optima’s long-term technology strategy,” said Adam Mangana, CEO of Optima. “By bringing our immersive content onto Arthur’s platform, we retain ownership of the intellectual property we have created while gaining greater control over how we innovate and grow. Most importantly, it gives us a stronger foundation for creating more engaging, personalized, and impactful experiences for students at scale.”

Arthur provides a flexible environment in which organizations can create and deploy customized spatial experiences supported by configurable AI. Its architecture will allow Optima to integrate AI into immersive lessons with greater control over the AI models, knowledge sources, and behaviors used within each experience. The platform also provides the security and scalability needed to support Optima’s expanding educational programs.

“Optima has built an extraordinary collection of immersive educational content and brings a clear vision for how spatial computing and AI can improve learning,” said Christoph Fleischmann, Founder and CEO of Arthur. “We are excited to provide the platform that will help Optima expand that vision, create highly customized learning environments, and bring meaningful AI-powered experiences to more students and educators.”

For students, the partnership will support more intuitive, interactive, and responsive learning experiences. AI can be incorporated directly into immersive environments to guide exploration, provide context, encourage deeper inquiry, and adapt interactions to the instructional purpose of each lesson. Optima’s educators and content teams will maintain control over how those capabilities are designed and used.

The completed migration also establishes a scalable technology foundation for Optima’s future growth. New immersive experiences can be developed and deployed more efficiently while maintaining consistency across Optima’s educational offerings and partner implementations.

“This is about controlling our own destiny,” Mangana added. “We now have the flexibility to build the experiences we believe will have the greatest educational impact, protect the value of what we have created, and respond more quickly as immersive technology and artificial intelligence continue to evolve.”

About Optima

Optima blends a classical liberal arts foundation with immersive VR and AI-powered technology to help students learn more deeply and educators teach more effectively. The company partners with independent schools, public school districts, microschools, and home learners nationwide and is the parent company of Optima Academy Online, a fully virtual, Cognia-accredited school offering teacher-led and self-guided instruction. For more information, visit optimaxr.ai.

About Arthur

Arthur is an AI-powered platform that enables people and AI to work together through immersive, spatial experiences. Its customizable technology allows organizations to create and deploy AI-guided experiences, training environments, collaborative workflows, and digital spaces tailored to their specific needs. Arthur combines immersive technology, configurable AI, and enterprise-grade security to support organizations worldwide. For more information, visit arthur.digital.

Media Contact

Bridgette Jensen, Optima, 1 2394498599, marketing@optimaed.com, optimaxr.ai

Twitter, LinkedIn

View original content to download multimedia:https://www.prweb.com/releases/optima-announces-strategic-partnership-with-arthur-to-advance-immersive-and-ai-powered-learning-302869749.html

SOURCE Optima

Continue Reading

Technology

SDK.finance Launches a Real-Time General Ledger for Banks and FinTech Companies

Published

on

By

The event-driven, double-entry accounting layer converts financial product events into balanced, auditable journal entries without requiring businesses to replace their existing transaction platform.

VILNIUS, Lithuania, Sept. 4, 2026 /PRNewswire/ — SDK.finance, the software foundation for FinTech and payment products, today announced the launch of SDK.finance General Ledger, a standalone real-time accounting module built for banks, electronic money institutions (EMIs), payment service providers (PSPs), FinTech companies and other businesses operating complex financial products.

Financial platforms often distribute transaction data, balance logic and accounting processes across multiple systems. As products expand across payment rails, currencies and customer segments, this fragmentation can create delayed visibility, manual reconciliation work and inconsistencies between operational data and financial records.

SDK.finance General Ledger can be added as an extra accounting layer to existing payment or banking infrastructure without replacing or modifying the underlying product. It consumes business events from a core banking system, payment platform, digital wallet or other transaction engine and automatically converts them into balanced double-entry journal entries.

This gives financial businesses a consistent, real-time and auditable system of record while allowing them to retain their existing transaction infrastructure.

“Financial businesses need to know not only that money moved, but how every event affected every relevant account, immediately and with a complete audit trail,” said Alex Malyshev, CEO of SDK.finance. “We built SDK.finance General Ledger as a standalone accounting layer that can work with the infrastructure a company already has. It helps technical and finance teams work from the same financial truth while retaining control over their architecture, data and future development.”

From business events to auditable accounting records

SDK.finance General Ledger uses configurable accounting determinations and mapping rules to translate product-specific events into journal-entry legs. It validates that debits and credits are balanced, posts entries automatically when configured and updates account balances and turnovers in real time.

Once posted, journal entries remain immutable. Corrections are handled through reversing entries, preserving the original record and maintaining a clear history of every adjustment.

As a standalone module, SDK.finance General Ledger connects to existing financial infrastructure through Kafka or REST API. It receives business events, generates the corresponding accounting entries and returns confirmations to the originating system.

The integration does not require changes to the existing transaction-processing logic. This allows businesses to introduce a dedicated accounting layer without rebuilding or replacing their current platform.

Core capabilities include:

Automated conversion of business events into balanced debit and credit entriesReal-time account balances and turnover reportingConfigurable chart of accounts, accounting determinations and mapping rulesImmutable posted entries and reversal-based correctionsSupport for fiat currencies and digital assets, with precision of up to 18 decimal placesRole-based access control and a traceable audit historyIntegration through Kafka and REST APIsStandalone deployment alongside an existing core banking system, payment platform or transaction engineSource code access for organisations that require greater control and customisation

Built for financial products that move money

SDK.finance General Ledger is designed for organisations that need to account for high volumes of financial events accurately across multiple products, currencies or systems.

Typical applications include:

Banks and EMIs adding real-time accounting capabilities to existing core infrastructurePSPs managing fees, settlements and transactions across multiple payment railsDigital wallets and neobanks maintaining real-time customer and operational balancesRemittance and payout platforms handling cross-border and foreign-exchange flowsEmbedded finance providers adding auditable financial functionality to non-financial productsMarketplaces recording split payments, commissions and merchant liabilitiesDigital asset businesses accounting for fiat and crypto-related events within a consistent framework

SDK.finance General Ledger can be deployed as a standalone module alongside an existing core banking or payment platform. It can also be combined with the SDK.finance Transaction Platform as part of a broader financial technology stack.

This deployment flexibility allows financial businesses to add a specialised accounting capability while preserving their existing customer journeys, payment logic and operational infrastructure.

About SDK.finance

SDK.finance is the software foundation for FinTech and payment products. With more than 15 years of industry experience, the company provides a modular software suite that helps banks, FinTech companies, EMIs, PSPs and enterprises build, modernise and scale digital financial services.

SDK.finance combines pre-developed transaction and accounting capabilities, flexible deployment options and source code access. This approach enables businesses to customise their financial infrastructure, maintain control over their product development and reduce long-term vendor dependency.

Media Contact
Company: SDK.finance
Email: press@sdk.finance
Website: https://sdk.finance/

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/sdkfinance-launches-a-real-time-general-ledger-for-banks-and-fintech-companies-302870267.html

Continue Reading

Trending