10:38 AM EDT, 09/15/2025 (MT Newswires) -- Honeywell International ( HON ) said Monday it has signed a memorandum of understanding with Redwire ( RDW ) to advance quantum-secured satellite communications on Honeywell's ( HON ) QKDSat Project with the European Space Agency.

They plan to combine Redwire's ( RDW ) quantum platform technology with Honeywell's ( HON ) quantum optical payload to develop a fully functional payload and platform by mid-2026, the company said.

The MOU is the latest milestone under the Quantum Key Distribution Satellite consortium, or QKDSat, which was launched in 2024 and is being led by Honeywell ( HON ), it said.

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