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Investing.com -- Honeywell (NASDAQ:HON) signed a Memorandum of Understanding (MOU) with Redwire Corporation (NYSE:RDW) to advance quantum-secured satellite communication systems as part of a European Space Agency-backed initiative.
The agreement marks a key milestone for the Quantum Key Distribution Satellite consortium (QKDSat), which Honeywell has led since its 2024 launch. Under the partnership, the companies will combine Redwire’s quantum platform technology with Honeywell’s quantum optical payload to create a fully functional system by mid-2026.
This collaboration aims to develop technologies that protect sensitive information from cyber and quantum threats for governments and defense agencies, while also creating quantum key distribution services for commercial customers.
The QKDSat project unites companies from ESA Member States including Belgium, Austria, Canada, Czechia, and the United Kingdom to build an ultra-secure telecommunications satellite for private information exchange.
"The defense and space communications landscapes are evolving rapidly, with security and resiliency now the top priority for governments and critical industries," said Lisa Napolitano, vice president and general manager, Space, Honeywell Aerospace Technologies.
Beyond government applications, the companies plan to demonstrate quantum communications capabilities for commercial organizations such as financial institutions, telecommunications providers, and critical infrastructure companies that handle large volumes of confidential data.
Marc Dielissen, General Manager of Redwire Space Belgium, called quantum-enabled telecommunications "a gamechanger for government agencies and the private sector," noting the collaboration focuses on "delivering cutting edge innovation to mitigate increasingly sophisticated threats."
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