The FAST project is an innovative solution using optimized design and technologies to make large aerospace structures and parts more efficient, cost effective and inventive than ever before. 3D printing offers more alternatives for the design and production of large aerospace components, such as the fuselage. With the existing available technology, the design of large scale modules is currently limited due to cost, size and efficiency constraints. 3D fuselage printing has the potential to transform the aerospace industry, allowing for easy design modification, duplication and customization at a lower cost.
"The goal of the FAST project is to change the way innovative technologies are implemented and to expand the usage of 3D printing. 3D printing will allow us to create metal shapes and properties that were previously impossible to produce," said Bruno Chenal, Director of R&D, Constellium Research and Technology.
FAST is a long-term project that was formed last year and currently remains in early stages of development. Constellium will act as the primary material supplier, while STELIA Aerospace will lead the design and production efforts and CT INGENIERIE will optimize the design.
"We are excited to work with one of our customers, STELIA Aerospace, to find innovative alternatives for printing aluminium and developing aerospace technologies industry wide. This innovative process further supports Constellium's commitment to work closely with all of our customers to develop customized solutions to meet their unique needs," said Chenal.
3D printing is already used widely in technology and extrusion manufacturing, but what makes this project so unique is its unparalleled scale and the holistic optimization approach.
About Constellium
Constellium is a global sector leader that develops innovative, value added aluminium products for a broad scope of markets and applications, including aerospace, automotive and packaging. Constellium generated €3.7 billion of revenue in 2014.
Forward Looking Statements
Certain statements contained in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. This press release may contain "forward looking statements" with respect to our business, results of operations and financial condition, and our expectations or beliefs concerning future events and conditions. You can identify forward-looking statements because they contain words such as, but not limited to, "believes," "expects," "may," "should," "approximately," "anticipates," "estimates," "intends," "plans," "targets," likely," "will," "would," "could" and similar expressions (or the negative of these terminologies or expressions). All forward-looking statements involve risks and uncertainties. Many risks and uncertainties are inherent in our industry and markets. Others are more specific to our business and operations. These risks and uncertainties include, but are not limited to, the ability of Constellium and Wise to achieve expected synergies and the timing thereof; the risk that the businesses will not be integrated successfully or such integration may be more difficult, time-consuming or costly than expected; Constellium's increased levels of indebtedness as a result of the transaction, which could limit Constellium's operating flexibility and opportunities; the potential failure to retain key employees as a result of the transaction or during the integration of the business, the loss of customers, suppliers and other business relationships as a result of the transaction; disruptions to business operations resulting from the transaction; slower or lower than expected growth in the North American market for Body-in-White aluminium rolled products and other risk factors set forth under the heading "Risk Factors" in our Annual Report on Form 20-F, and as described from time to time in subsequent reports filed with the U.S. Securities and Exchange Commission. The occurrence of the events described and the achievement of the expected results depend on many events, some or all of which are not predictable or within our control. Consequently, actual results may differ materially from the forward-looking statements contained in this press release. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as required by law.
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SOURCE Constellium
| Contact: |
| Constellium
STELIA Aerospace Constellium, Laura Berneri - Communications, Phone: +33 (0)1 73 01 46 73 Email Contact Paul Blalock - Investor Relations North America, Phone: +1 (212) 675 5450, Frederic Dunod - Investor Relations Europe, Investor- Email Contact Media relations Constellium Corporate, Segolene Redon, Phone: +33 (0)6 66 16 70 73 Email Contact Hill+Knowlton Strategies (Media & Investors), Peter Poulos, Phone: +1 (212) 885 0588 Email Contact Web: http://www.constellium.com |
