Latécoère, Signify and Huneed Technologies Announce Strategic Partnership on LiFi in Commercial Airplanes
October 28 2019 - 10:11AM
Business Wire
Regulatory News:
Latécoère (Paris:LAT), a tier 1 partner to major international
aircraft manufacturers, is pleased to announce the industrial
scale-up of its LiFi technology1, thanks to a memorandum of
understanding2 signed with Signify, the world leader in lighting,
on its Trulifi technology, and an MoU signed with South Korea’s
aerospace and defence specialist, Huneed Technologies, for data
communication electronics and software.
“The Paris Air Show 2019 gave Latécoère the opportunity to
demonstrate the power of the LiFi speed. Our technology, which
showcases our Group’s worldwide lead in innovation, raised a lot of
expectation from the market and is now ready to progress to the
next level,” said Yannick Assouad, CEO of Latécoère. “Partnering
with two leaders in their respective sectors such as Signify and
Huneed Technologies will enable new opportunities and horizons for
Latécoère’s LiFi, to ensure its widespread use in airplane
cabins.”
LiFi enables a superior onboard connectivity experience in terms
of bandwidth, latency and stability. Another advantage of LiFi is
that it doesn’t interfere with sensitive equipment and that the
connection isn’t affected by the airplane’s movements. LiFi also
results in less cabling, and together with an infrastructure
upgrade to low-weight fiber solutions, will reduce the airplane's
weight and fuel usage.
Unleashing the LiFi power with Trulifi by Signify Signify
launched its Trulifi systems earlier this year and has installed
around 100 projects worldwide. Trulifi combines energy-efficient
LED lighting with a reliable, secure and high-speed two-way
wireless connection, with speeds of up to 250 Mbps for the downlink
and the uplink.
“Through this partnership, Signify and Latécoère will transform
the cabin experience for passengers by providing them the latest
technology in connectivity,” said Olivia Qiu, Chief Innovation
Officer at Signify. “Trulifi offers enormous potential and our
ambition is, in addition to aircraft, to provide this technology to
other forms of public transport as well, so people have access to a
reliable, secure and fast Internet connection, wherever they may
be.”
At first, Trulifi will be used for the connection of the media
players in the headrests. In the next phase, LiFi will enable
passengers to connect their personal devices to the onboard media
and Internet, but also interact with each other and have the same
connectivity experience on board as on the ground.
Starting the industrialisation phase with Huneed
Technologies Huneed Technologies, South Korea's specialist in
tactical communication and aerospace equipment, has become the
third partner in the industrialization of Latécoère’s LiFi Cabin
System. The Group will jointly develop Latécoère in the development
and production of the passenger distribution unit and fibre optic
router.
“We are thrilled to be recognized by Latécoère for our expertise
in communication technology and manufacturing knowledge to be part
of this ground-breaking partnership,” said Eugene Kim, Chairman at
Huneed Technologies. “This opportunity seamlessly aligns with our
growth strategy of globally scaling our aerospace business unit
into commercial aviation. Huneed will ensure the delivery of LiFi
data communication electronics and software to enable the
widespread adoption of this technology that will play a critical
role in the next generation of smart cabins in delivering
best-in-class passenger experience.”
--- END ---
About Latécoère
Latécoère is a tier 1 partner to major international aircraft
manufacturers (Airbus, Embraer, Dassault, Boeing and Bombardier),
in all segments of the aeronautical market (commercial, regional,
corporate and military aircraft), specializing in two fields:
- Aerostructures (58% of total revenue): fuselage sections and
doors.
- Interconnexion systems (42% of total revenue): onboard wiring,
electrical harnesses and avionics bays.
At 31 December 2018, Latécoère employed 4,958 people in 13
different countries. Latécoère, a French corporation (société
anonyme) with capital of €189,637,036 divided into 94,818,518
shares with a par value of €2 per share, is listed on Euronext
Paris - Compartment B. ISIN codes: FR0000032278 - Reuters: LAEP.PA
- Bloomberg: LAT.FP
About Signify
Signify (Euronext: LIGHT) is the world leader in lighting for
professionals and consumers and lighting for the Internet of
Things. Our Philips products, Interact connected lighting systems
and data-enabled services, deliver business value and transform
life in homes, buildings and public spaces. With 2018 sales of EUR
6.4 billion, we have approximately 27,000 employees and are present
in over 70 countries. We unlock the extraordinary potential of
light for brighter lives and a better world. We have been named
Industry Leader in the Dow Jones Sustainability Index for three
years in a row. News from Signify is located at the Newsroom,
Twitter, LinkedIn and Instagram. Information for investors can be
found on the Investor Relations page.
About Huneed Technologies
Huneed Technologies, a longstanding developer and manufacturer
of tactical wireless communication systems for the South Korean
military, is now poised to manufacture avionics equipment and
become a global provider of maintenance, repair, and overhaul
services. In the past ten years, Huneed Technologies has evolved
from a Boeing-invested company to a key global supplier for Boeing
Defense and Space. Prestigious achievements, including the 2016
Boeing Performance Excellence Award and a nomination for Boeing
Supplier of the Year, have punctuated Huneed’s reputation as a
trusted, global aerospace supplier. Huneed’s strategic and measured
growth in the aerospace market has led to its position as the
contract manufacturing partner of choice for some of the world’s
largest global aerospace firms
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1 The LiFi technology, short for Light Fidelity, modulates light
waves to transmit data. 2 MoU
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version on businesswire.com: https://www.businesswire.com/news/home/20191028005501/en/
Latécoère FTI Consulting Emily Oliver / Mathilde Jean
Tel: +33 (0)1 47 03 68 65 E-mail: latecoere@fticonsulting.com
Signify Corporate Communications Elco van Groningen Tel:
+31 (0) 6 1086 5519 E-mail: elco.van.groningen@signify.com
Huneed Technologies Matt Kim Tel: +82-10-4917-2896
E-mail: Donghokim2@huneed.com
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