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US milestone for Velocity
This will be on a programme-byprogramme basis leading to the phased transfer of all kits to Velocity supply, with the final programme scheduled to be completed within this financial year and the full rate of production starting either at or before the next financial year.
In the future, the site will become a launch hub for other customer contracts, and high-level business development activities are already underway with several potential large customers.
Jon Bridges, Chief Executive of Velocity Composites, said: "This is a major milestone for Velocity Composites as we expand into North America. The whole Velocity team, both in the US and UK, have worked incredibly hard to deliver a fully operational site, a well-trained team, and a plan ready to start delivering flying products to our launch customer.
“The site can move forward into production ramp-up with continued support from the UK team and close collaboration with our customer to ensure a smooth transfer of the entire project.
“For myself and the Velocity team, the customer and industry approvals of this new showcase facility is further endorsement that our business model, processes and technology are world class in our industry, and our targeted business development activities are further enhanced by having a capable advanced manufacturing site in North America with significant capacity to grow."
8 velocity-composites.com
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