Archive: 2022
Velocity Composites enters US market with $100 million GKN agreement
Leading aerospace composite material kits supplier Velocity Composites has announced its entry into the US market with the signing of an agreement with GKN Aerospace expected to be worth more than $100 million of revenue over five years.
Trading Update & Notice of Results
Velocity Composites provides the following trading update for the 12 months to 31 October 2022. The Company expects to publish its FY2022 results on Tuesday 24 January 2023.
First Entry Into The US Market With US$100M GKN Agreement
Velocity Composites is delighted to announce the signing of a five-year Work Package Agreement (“WPA”) with GKN Aerospace (the “Agreement”) in the United States expected to be worth in excess of US$100 million in revenue over five years.
Directorate Change
Velocity Composites plc is pleased to announce the appointment of Adam Holden as Group Finance Director and Company Secretary with effect from 7 December 2022.
Change to board
Velocity Composites announces that Rob Soen, Non-executive Director, will be stepping down from the Board on 31 October 2022, to focus on his other business interests.
2022 Unaudited Half Year Results
Velocity Composites is pleased to announce the Company's unaudited results for the six months to 30 April 2022.
Investor Presentation
Velocity Composites plc will provide a live investor presentation for the Company's results for the six months to 30 April 2022 via the Investor Meet Company (IMC) platform on 29 June 2022 at 10:00 am BST.
New Non-Executive Director
Velocity Composites plc is delighted to announce the appointment of Dr David Bailey FRAeS as an independent non-executive director, with immediate effect.
Finance Directorate Change
Velocity Composites announces that Chris Williams will step down from his position as Group Finance Director and will leave the Company at the end of December 2022.
Six Month Trading Update and Notice of Results
Velocity Composites plc is pleased to provide the following trading update for the six months to 1 May 2022
Archive
Please submit media enquiries relating to Velocity Composites to enquiries@velocity-composites.com or call +44 (0)1282 577577.