Gurit qualifies as composites supplier for aerospace

August 15, 2017 - Switzerland

Gurit, worldwide leading developer and manufacturer of advanced composite materials, components and technologies, has announced that it has successfully completed material qualification for a global aerospace manufacturer. Upon successful completion of the qualification process, Gurit has now been added to the manufacturer`s official supplier database.

As the qualification has ben achieved for existing aircraft types, sales of the listed materials will begin soon. Gurit supplies global growth markets with composite materials on the one hand and composite tooling equipment, structural engineering and select finished parts on the other.

The company expects short-term revenue potential of the qualification to be in the low single-digit million Swiss francs range. For mid-to long-term, the product listing has the potential to produce double-digit million Swiss francs revenues on top of the existing aerospace business. (RR)