Honeywell Aerospace has signed an agreement to acquire Satcom1, a respected provider of on-board communications routing software and a satellite communications provider of airtime and consulting services. The deal is expected to close by the end of 2015. The acquisition positions Honeywell to offer customers seamless connectivity solutions spanning airtime, hardware equipment, avionics, flight support and applications.
“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.
“The acquisition will significantly bolster our connectivity portfolio and enhance our growing software engineering expertise,” he added. “Honeywell is already uniquely placed across the entire value chain of a thriving $8 billion in-flight connectivity area, making the acquisition of Satcom1 an excellent fit to our business. Our customers will benefit from our ability to now offer a complete suite of connectivity solutions with a much greater global reach.”
Satcom1 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.
The company is an existing distribution partner for Honeywell’s JetWave™ terminals and Inmarsat’s GX Aviation program. Through its Aerospace Services business, Honeywell already provides flight support services and applications for pilots, aircraft owners and operators, and airlines including flight planning, weather information, fuel savings, maintenance service plans, health check-ups and more. Integrating Satcom1 software with existing Honeywell hardware technologies to design custom, next-generation communication and network systems is expected to deliver a stronger connectivity experience to Honeywell customers.
Satcom1 is headquartered in Copenhagen, Denmark. The company operates a research and design and support center in Paris and has sales and consultancy offices in Dubai and San Antonio, Texas. The acquisition will broaden Honeywell’s presence in Europe and more easily expand Honeywell connectivity offerings around the world.