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Heatcon to distribute Hexcel prepregs for UAV/AAM market - Vimarsana News

Heatcon to distribute Hexcel prepregs for UAV/AAM market

Photo Credit: Heatcon In April, Heatcon Composite Systems (Seattle, Wash., U.S.) announced an expanded relationship with Hexcel Corp. (Stamford, Conn., U.S.) for the North American distribution of Hexcel carbon fiber prepreg fabrics and tapes to support the unmanned aerial vehicles (UAV) and advanced air mobility (AAM) industry. Heatcon, a global manufacturer and supplier of aerospace composite repair equipment and products as well as an official Hexcel distributor, supplies materials such as fiberglass, carbon, peel ply and bagging film to aerospace companies and military providers. The...

Want to Invest in Space? Try These ETFs -- Journal Report - Vimarsana News

Want to Invest in Space? Try These ETFs -- Journal Report

By Bailey McCann Thematic ETFs, exchange-traded funds that focus on specific investment themes, are booming And one of the most-talked-about themes lately is space. There is no shortage of ways to invest in the final frontier. The classics Historically, the way to invest in space has been in aerospace and defense ETFs. Before Elon Musk was shooting cars into orbit, space exploration was a purely governmental affair. Aerospace and defense companies were building the rockets, and many of them still are. Funds with large positions in companies like Boeing, Lockheed ...

Woodward CFO to retire after second stint with company – BizWest - Vimarsana News

Woodward CFO to retire after second stint with company – BizWest

FORT COLLINS — Bob Weber Jr. will retire from his role as chief financial officer of Woodward Inc. (Nasdaq: WWD) after about 25 years at that post. In a statement, the Fort Collins airplane parts maker said Weber, 67, will step down Sept.30 and remain with the company for a short period of time as an advisor to CEO Tom Gendron. He will be replaced by Senior Vice President of Finance Mark Hartman. Weber is ending his second tour with Woodward. He was CFO from August 2005 to September 2019 when he originally retired; he remained with the company as an advisor after it announced plans to merge...

First quarter 2021 results better position Hexcel to support post-pandemic industry - Vimarsana News

First quarter 2021 results better position Hexcel to support post-pandemic industry

On April 19 Hexcel Corp. (Stamford, Conn., U.S.) reported its first quarter 2021 results, with net sales of $310 million, and adjusted diluted EPS of $(0.10) per share, compared to $541 million Q1 2020. According to Chairman, CEO and President Nick Stanage, the results were in line with the company’s expectations, and reflect a strong focus on cost controls in light of the pandemic-related economic headwinds the industry faces, including the impact of continued supply chain destocking.  “This first quarter, along with Q3 and Q4 2020, are projected to be the low point of the current pa...

2021 Tech 25: Oxford Performance Materials' 3D-printed parts find use in medical implants, aerospace fields - Vimarsana News

2021 Tech 25: Oxford Performance Materials' 3D-printed parts find use in medical implants, aerospace fields

When chemical giant DuPont pioneered work in polymers, it saw a host of commercial applications in the aerospace industry. And DuPont was right. But that was so last century. Much of the 21st-century buzz around high-performance polymers has been for its uses in 3D printing, where the Polyaryletherketone (PAEK) family of thermoplastics has been king. Scott DeFelice, CEO of Oxford Performance Materials, has taken a different path. Since 1998, he’s been crafting the less celebrated polymer Polyetherketoneketone (PEKK) into a success story in South Windsor. Under his leadership, the firm has t...