Hexcel

National Air and Space Museum Prepares Activities and Educational Resources for April's Solar Eclipse

Retrieved on: 
Thursday, March 7, 2024

Beginning in late March, the museum will hand out limited supplies of solar eclipse glasses at the National Air and Space Museum in Washington, D.C., and its Steven F. Udvar-Hazy Center in Chantilly, Virginia.

Key Points: 
  • Beginning in late March, the museum will hand out limited supplies of solar eclipse glasses at the National Air and Space Museum in Washington, D.C., and its Steven F. Udvar-Hazy Center in Chantilly, Virginia.
  • Solar eclipse glasses are provided by the National Oceanic and Atmospheric Administration (NOAA), the U.S. National Science Foundation (NSF) and NASA.
  • On April 8, the museum will host the " Solar Eclipse Festival on the National Mall " in Washington, D.C.
  • The National Air and Space Museum is part of the Smithsonian Institution and has locations in Washington, D.C., and Chantilly, Virginia.

Hexcel Reports 2023 Fourth Quarter and Full Year Results

Retrieved on: 
Wednesday, January 24, 2024

Hexcel Corporation (NYSE: HXL) today reported fourth quarter 2023 results including net sales of $458 million and adjusted diluted EPS of $0.43 per share.

Key Points: 
  • Hexcel Corporation (NYSE: HXL) today reported fourth quarter 2023 results including net sales of $458 million and adjusted diluted EPS of $0.43 per share.
  • Commercial Aerospace sales of $267.5 million for the fourth quarter of 2023 increased 4.4% (5.3% in constant currency) compared to the fourth quarter of 2022.
  • Total Industrial sales of $37.7 million in the fourth quarter of 2023 decreased 19.3% (22.3% in constant currency) compared to the fourth quarter of 2022.
  • Gross margin for the fourth quarter of 2023 was 22.5% compared to 23.1% in the fourth quarter of 2022.

Carbon Fiber Market worth $23.2 billion by 2033 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, January 17, 2024

Virgin carbon fiber type segment accounted for the largest market share of carbon fiber market in 2022.

Key Points: 
  • Virgin carbon fiber type segment accounted for the largest market share of carbon fiber market in 2022.
  • The carbon fiber market is segmented based on the fiber types into virgin carbon fiber and recycled carbon fiber.
  • Recycled carbon fiber enables cost savings and energy savings as compared to virgin carbon fiber.
  • Continuous carbon fiber is a type of carbon fiber that is produced in a form that allows for the creation of continuous strands or fibers.

Carbon Fiber Market worth $23.2 billion by 2033 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, January 17, 2024

Virgin carbon fiber type segment accounted for the largest market share of carbon fiber market in 2022.

Key Points: 
  • Virgin carbon fiber type segment accounted for the largest market share of carbon fiber market in 2022.
  • The carbon fiber market is segmented based on the fiber types into virgin carbon fiber and recycled carbon fiber.
  • Recycled carbon fiber enables cost savings and energy savings as compared to virgin carbon fiber.
  • Continuous carbon fiber is a type of carbon fiber that is produced in a form that allows for the creation of continuous strands or fibers.

Hexcel Schedules Fourth Quarter 2023 Earnings Release and Conference Call

Retrieved on: 
Tuesday, January 2, 2024

Hexcel Corporation (NYSE: HXL) announced today that it will report financial results for its fourth quarter of 2023 on Wednesday, January 24 after the market close.

Key Points: 
  • Hexcel Corporation (NYSE: HXL) announced today that it will report financial results for its fourth quarter of 2023 on Wednesday, January 24 after the market close.
  • The company will host a webcast and conference call to discuss highlights of its financial results on Thursday, January 25 at 10 a.m.
  • The call will be hosted by Chairman, CEO and President Nick Stanage and Chief Financial Officer Patrick Winterlich.
  • A replay of the call will be available on the investor relations page of the Hexcel website approximately two hours after the conclusion of the call.

Integra LifeSciences Appoints Jeff Graves, Ph.D., to Board of Directors

Retrieved on: 
Tuesday, December 12, 2023

With the appointment of Dr. Graves, Integra has added four new directors since 2021.

Key Points: 
  • With the appointment of Dr. Graves, Integra has added four new directors since 2021.
  • “I am pleased to welcome Jeff to our board of directors.
  • He is a highly-accomplished executive with a track record of leading and transforming technically complex businesses,” said Stuart Essig, chairman of the Integra board of directors.
  • He currently serves on the board of directors of 3D Systems and Hexcel Corporation.

Qarbon Aerospace Welcomes New Leadership with Appointment of Michael Canario as CEO

Retrieved on: 
Monday, November 20, 2023

Qarbon Aerospace, Inc. (“Qarbon” or the “Company”), a premier manufacturer specializing in medium to large complex composite components and assemblies, is proud to announce a significant leadership transition.

Key Points: 
  • Qarbon Aerospace, Inc. (“Qarbon” or the “Company”), a premier manufacturer specializing in medium to large complex composite components and assemblies, is proud to announce a significant leadership transition.
  • Effective November 6, 2023, Qarbon Aerospace welcomed Mr. Michael Canario as the new Chief Executive Officer, marking a strategic move to propel the Company into a new phase of growth and innovation.
  • Qarbon expresses heartfelt appreciation for Mr. Wick's invaluable contributions that have significantly shaped Qarbon Aerospace's remarkable journey.
  • Qarbon Aerospace has impressive assets, great customers and truly outstanding employees,” said Mr. Canario.

Qarbon Aerospace, an Arlington Capital Partners Portfolio Company, Appoints Michael Canario as CEO

Retrieved on: 
Tuesday, November 7, 2023

Qarbon Aerospace (“Qarbon” or the “Company”), a premier manufacturer of complex composite aerostructures and assemblies, is pleased to announce the appointment of Michael Canario as Chief Executive Officer.

Key Points: 
  • Qarbon Aerospace (“Qarbon” or the “Company”), a premier manufacturer of complex composite aerostructures and assemblies, is pleased to announce the appointment of Michael Canario as Chief Executive Officer.
  • Qarbon is a portfolio company of Arlington Capital Partners (“Arlington”), a Washington D.C.-area private equity firm focused on Aerospace and Defense and other regulated industries.
  • Previously, Mr. Canario served as the President and CEO of Norsk Titanium (“Norsk”), a global leader in metal 3D printing.
  • “I am honored to join Qarbon as CEO and lead the team in driving our business forward to the next stage of growth,” said Canario.

Global Advanced Space Composites Market Expanding Rapidly, Revolutionizing Aerospace Industry - ResearchAndMarkets.com

Retrieved on: 
Friday, November 3, 2023

The advanced space composites market is driving transformative changes in space technologies, offering materials and fabrication techniques that challenge traditional aerospace paradigms.

Key Points: 
  • The advanced space composites market is driving transformative changes in space technologies, offering materials and fabrication techniques that challenge traditional aerospace paradigms.
  • The use of composites in in-space transportation systems and the emergence of satellite mega constellations provide growth opportunities for the advanced space composites market.
  • How This Report Adds Value:
    The report provides insights into global advanced space composites market dynamics, drivers, challenges, and opportunities.
  • Key players in the advanced space composites market include Toray Advanced Composites, Beyond Gravity, Hexcel Corporation, Airborne, and MT Aerospace AG.

Rapid Growth of Green Carbon Fiber and Sustainable Solutions Redefine the Carbon Fiber Market, Poised for a CAGR of 9.17% from 2023 to 2028 - ResearchAndMarkets.com

Retrieved on: 
Friday, November 3, 2023

Carbon fiber is a lightweight and exceptionally strong material composed of thin fibers primarily made of carbon atoms.

Key Points: 
  • Carbon fiber is a lightweight and exceptionally strong material composed of thin fibers primarily made of carbon atoms.
  • By Raw Material: The global carbon fiber market is categorized into two segments based on raw materials: Polyacrylonitrile-based (PAN-based) and Pitch-based.
  • Trends: A notable trend in the carbon fiber market is the growing use of green carbon fiber.
  • Companies are introducing innovative green carbon fiber products, such as those produced from bio-based feedstocks, to meet the demand for environmentally-conscious solutions.