Hexcel Successfully Completes EFIPreg Research and Development Project Supported by CDTI Grant.

DAGNEUX, France - Hexcel Corporation (NYSE: HXL) has successfully completed its Efficient Prepreg (EFIPreg) Research and Development project, supported by a €470,993 grant awarded by the Spanish Centre for Development of Industrial Technology (CDTI) and co-financed by the European Regional Development Fund (ERDF). The project focused on developing a new aerospace prepreg designed to enhance efficiency and scalability for high-rate aircraft production.

"The completion of the EFIPreg project marks an important step forward in our efforts to continuously enhance manufacturing performance", said Lilian Brayle, Hexcel President - Aerospace for Europe, MEA/AP & Industrial. "By improving lay-up speed, reducing waste, and streamlining processing, this new prepreg supports more efficient, higher-rate production and reinforces Hexcel's commitment to delivering advanced materials that combine performance with manufacturability for our customers."

Through the EFIPreg program, a team of Hexcel employees at the company's Parla facility developed a new composite prepreg material that delivers measurable improvements across multiple stages of the manufacturing process. The material enables faster lay-up times, reduces waste, offers process time savings, and simplifies manufacturing steps, helping streamline production for high-rate aerospace programs.

The successful results of the EFIPreg program further strengthen Hexcel's leadership in advanced composites and highlight the company's ongoing investment in material and process innovation to support next generation of aircraft.

Project data:

Title: [EFIPREG] DEVELOPMENT OF A NEW PREIMPREGNATED COMPOSITE MATERIAL FOR HIGH PRODUCTION CAPACITY AERONAUTICAL APPLICATIONS.

Expedient: IDI-20221115

Place of execution: Parla (Madrid)

Execution period: 03/08/22 - 02/08/25

Project budget: 1.440.889,00 €.

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About Hexcel

Hexcel Corporation is a global leader in advanced lightweight composites technology. We provide innovative, high-performance material solutions that are lighter, stronger, and tougher, shaping a world that moves farther, smarter, and more efficiently. Our broad and unrivaled product range includes carbon fiber, specialty reinforcements, prepregs and other fiber-reinforced matrix materials, honeycomb, resins, engineered core, and composite structures for use in commercial aerospace, defense and space, and industrial applications.