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Constellium Receives France 2030 Award for the “Wing of the Future” Project on the Design of the Sustainable Aircraft of Tomorrow

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Constellium SE (NYSE: CSTM) has been awarded a France 2030 grant for its 'Wing of the Future' project, focusing on developing sustainable aircraft materials. The initiative, supported by the French Civil Aviation Administration (DGAC), aims to enhance aircraft performance through lighter weight aluminium solutions and improved recyclability.

The project, conducted at Constellium's R&D center C-TEC and Issoire facility, explores advanced technologies including pre-machining, Friction Stir Welding, and new alloy development to reduce metal thickness and structural weight while promoting efficient recovery and recycling of pre-consumer scrap.

Constellium SE (NYSE: CSTM) ha ricevuto un finanziamento dal programma Francese 2030 per il suo progetto 'Wing of the Future', incentrato sullo sviluppo di materiali sostenibili per aerei. L'iniziativa, supportata dall'Amministrazione Francese dell'Aviazione Civile (DGAC), mira a migliorare le prestazioni degli aerei attraverso soluzioni in alluminio più leggere e una migliore riciclabilità.

Il progetto, condotto nel centro di R&D di Constellium C-TEC e nell'impianto di Issoire, esplora tecnologie avanzate come la pre-lavorazione, la saldatura a frizione e lo sviluppo di nuove leghe per ridurre lo spessore del metallo e il peso strutturale, promuovendo allo stesso tempo un'efficace recupero e riciclaggio dei materiali di scarto pre-consumo.

Constellium SE (NYSE: CSTM) ha recibido una subvención del programa Francia 2030 para su proyecto 'Wing of the Future', que se centra en el desarrollo de materiales sostenibles para aeronaves. La iniciativa, apoyada por la Administración Francesa de Aviación Civil (DGAC), tiene como objetivo mejorar el rendimiento de las aeronaves a través de soluciones de aluminio más ligeras y una mejor reciclabilidad.

El proyecto, que se lleva a cabo en el centro de I+D de Constellium C-TEC y en la instalación de Issoire, explora tecnologías avanzadas, incluyendo pre-mecanizado, soldadura por fricción y desarrollo de nuevas aleaciones, para reducir el grosor del metal y el peso estructural, promoviendo a la vez la recuperación y reciclaje eficientes de los desechos pre-consumo.

Constellium SE (NYSE: CSTM)는 'Wing of the Future' 프로젝트를 위해 프랑스 2030 보조금을 받았습니다. 이 프로젝트는 지속 가능한 항공기 소재 개발에 중점을 두고 있습니다. 프랑스 민간 항공청(DGAC)의 지원을 받는 이 이니셔티브는 경량 알루미늄 솔루션과 향상된 재활용성을 통해 항공기 성능을 향상시키는 것을 목표로 하고 있습니다.

이 프로젝트는 Constellium의 R&D 센터인 C-TEC와 Issoire 시설에서 진행되며, 금속 두께와 구조적 무게를 줄이는 동시에 소비 전 폐기물의 효율적인 회수 및 재활용을 촉진하기 위한 사전 가공, 마찰 용접 및 새로운 합금 개발 등 고급 기술을 탐구합니다.

Constellium SE (NYSE: CSTM) a reçu une subvention du programme France 2030 pour son projet 'Wing of the Future', axé sur le développement de matériaux d'avion durables. L'initiative, soutenue par la Direction Générale de l'Aviation Civile (DGAC), vise à améliorer les performances des avions grâce à des solutions en aluminium plus légères et une meilleure recyclabilité.

Le projet, mené au centre de R&D de Constellium C-TEC et à l’installation d'Issoire, explore des technologies avancées telles que le pré-usinage, le soudage par friction, et le développement de nouveaux alliages afin de réduire l'épaisseur des métaux et le poids structurel tout en favorisant la récupération et le recyclage efficaces des déchets pré-consommation.

Constellium SE (NYSE: CSTM) wurde ein Frankreich 2030 Zuschuss für sein Projekt 'Wing of the Future' gewährt, das sich auf die Entwicklung nachhaltiger Flugzeugmaterialien konzentriert. Die Initiative, unterstützt von der französischen Zivilluftfahrtbehörde (DGAC), zielt darauf ab, die Flugzeugleistung durch leichtere Aluminium-Lösungen und verbesserte Recycelbarkeit zu steigern.

Das Projekt, das im Forschungs- und Entwicklungszentrum C-TEC von Constellium und in der Einrichtung in Issoire durchgeführt wird, untersucht fortschrittliche Technologien wie Vorbearbeitung, Reibschweißen und die Entwicklung neuer Legierungen, um die Metalldicke und das strukturelle Gewicht zu reduzieren und gleichzeitig eine effiziente Rückgewinnung und das Recycling von Vorverbraucherschrott zu fördern.

Positive
  • Received government funding through France 2030 investment program
  • Development of innovative technologies for weight reduction and improved recyclability
  • Strategic positioning for expected increase in aircraft production rates
Negative
  • None.

Insights

The "Wing of the Future" project, while innovative, represents a long-term R&D initiative without immediate financial impact. The France 2030 grant, while validating Constellium's technological capabilities, doesn't materially affect near-term financials or stock performance. The focus on recyclability and improved manufacturing efficiency through Friction Stir Welding could yield future cost savings, but these benefits are speculative and years away from realization.

The project aligns with industry trends toward sustainability and lighter materials, potentially positioning CSTM well for future aerospace contracts. However, the timeline for commercial implementation and revenue generation remains undefined. The emphasis on pre-consumer scrap recovery and new alloy development suggests a multi-year development cycle before any significant market impact.

PARIS, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Constellium SE (NYSE: CSTM) announced that it received a France 2030 award for its groundbreaking “Wing of the Future” project. This initiative, supported by a grant from the France 2030 investment program and implemented with the French Civil Aviation Administration (DGAC), highlights Constellium's commitment to advancing high-performance, sustainable materials for the current and next generation of aircraft.

Through the “Wing of the Future” project, engineering and manufacturing teams at Constellium’s R&D center, C-TEC, and its facility in Issoire, France, are joining forces to further unlock the potential of aluminium as a key material for the sustainable aviation of tomorrow. The project involves developing advanced technologies and materials designed to enhance aircraft performance through lighter weight and improved recyclability. As aircraft production rates are expected to ramp up significantly, and with a growing emphasis on circularity and reduced environmental impact, wings must be manufactured and assembled more quickly and efficiently, while also ensuring high recyclability.

In particular, the “Wing of the Future” project aims to find solutions for the efficient recovery and recycling of pre-consumer scrap, such as promoting pre-machining, or using Friction Stir Welding (FSW) to reduce metal thickness and bonding to reduce structural weight. Constellium is also testing new alloys which would promote a lower carbon footprint, higher recyclability, and enhanced performance.

“We are incredibly proud to receive the France 2030 award, which underscores Constellium’s critical role in developing sustainable solutions for aerospace,” said Philippe Hoffmann, President of Constellium’s Aerospace and Transportation business unit. “Our ‘Wing of the Future’ project is an ambitious initiative that not only seeks to reduce aircraft weight and improve fuel efficiency but also emphasizes recyclability, paving the way for a greener aviation industry. Receiving this award validates the critical role of aluminium in supporting tomorrow's aircraft and reinforces our commitment to help the aerospace sector achieve its Fly Net Zero objectives.”

Constellium, a longstanding supplier to aircraft manufacturers worldwide, is renowned for its fully recyclable, high-performance aluminium solutions that support the commercial aviation industry’s performance and sustainability goals. With a unique portfolio of high-performance solutions including Airware®, our groundbreaking aluminium-lithium solution, Constellium partners with all major aerospace customers to make lighter, faster, and more fuel-efficient aircraft.

About Constellium

Constellium (NYSE: CSTM) 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 €7.2 billion of revenue in 2023.
www.constellium.com

Media Contacts
  
Investor RelationsCommunications
Jason HershiserDelphine Dahan-Kocher
Phone: +1 443 988-0600Phone: +1 443 420 7860
investor-relations@constellium.comdelphine.dahan-kocher@constellium.com

FAQ

What is Constellium's Wing of the Future project awarded by France 2030?

The Wing of the Future project is Constellium's initiative to develop advanced aluminum technologies for sustainable aircraft, focusing on lighter weight materials and improved recyclability for next-generation aircraft manufacturing.

How will CSTM's Wing of the Future project impact aircraft manufacturing?

The project aims to enhance aircraft manufacturing through faster and more efficient wing production, reduced structural weight, and improved recyclability using advanced technologies like Friction Stir Welding and pre-machining.

What sustainability goals does Constellium (CSTM) target with the Wing of the Future project?

The project targets reduced carbon footprint, enhanced recyclability of pre-consumer scrap, and improved fuel efficiency through lighter weight materials, supporting the aviation industry's Fly Net Zero objectives.

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