Markets

Pressure Vessels

NPROXX powers up H2 tank production with move to Alsdorf facility

Tripled space and capacity to potentially grow composite tank production to 30,000+ tanks/year, equipment investments enable manufacturer to handle larger orders, streamline operations.

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Pressure Vessels

Toyoda Gosei composite hydrogen tanks to be used on passenger ship

Multiple commercial truck-type high-pressure tanks have been extended to maritime applications.

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Trends

Lilium begins composite battery packs production for Lilium Jet

First units off the battery assembly line in Munich will be used for verification testing ahead of first piloted flight, targeted for end of 2024.

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Wind/Energy

Noble Gas awarded $500K for conformable, compressed gas storage tanks

DOE MAKE IT prize supports U.S.-based manufacturing of clean energy technology components for a diverse range of market applications.

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Pressure Vessels

Optimizing robotic winding of composite tanks and pipes

Pioneer in mandrel-based reinforced rubber and composite products, TANIQ offers TaniqWindPro software and robotic winding expertise for composite pressure vessels and more.

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EHang secures production certification from CAAC

With production, type and standard airworthiness certification under its belt the AAM company is cleared for mass production of the EH216-S.

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Archer successfully completes multiple battery pack drop tests for Midnight aircraft

Proprietary battery pack design integrated into a composite battery enclosure passed extreme impact scenario simulations, setting the stage for upcoming for-credit testing with the FAA.

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Market Outlook

Composites end markets: Pressure vessels (2024)

The market for pressure vessels used to store zero-emission fuels is rapidly growing, with ongoing developments and commercialization of Type 3, 4 and 5 tanks.  

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Stellantis increases strategic shareholding in Archer Aviation

Stellantis signals its continued confidence and partnership in the eVTOL company with the purchase of nearly 8.3 million shares.

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Sustainability

Forvia moves toward more sustainable automotive composites manufacturing

Automotive technology supplier Forvia shares sustainability goals and recent developments aimed at bio-based and recycled materials and ramping up hydrogen tank production for clean mobility.

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