Honeywell International Inc. (HON) closed the most recent trading day at $187.88, moving -0.01% from the previous trading session.
On a generally gloomy Tuesday for the stock market, ESS Tech (NYSE: GWH) was a bright light. The next-generation storage solutions manufacturer saw its share price leap by almost 7% following the details of a direct equity investment by a heavyweight business partner. On Monday, ESS Tech announced that it and Honeywell are collaborating to advance the development and implementation of the iron flow battery storage solutions the former company specializes in.
Honeywell (HON) collaborates with ESS Tech to meet the growing demand for LDES globally, thanks to the rapid increase in renewable power generation.