Velocity Composites
Velocity Composites designs and manufactures pre-engineered composite material kits — including structural carbon fibre and engineered vacuum bag kits — for aerospace OEMs and Tier 1 aerostructure manufacturers, with manufacturing operations in the UK and the US.
- Company typePublic
- Founded2007
- HeadquartersBurnley, United Kingdom
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What Velocity Composites does
Velocity Composites plc (AIM: VEL) is a UK-headquartered manufacturer of pre-engineered composite material kits for the aerospace and high-performance industries. Founded in 2007 in Burnley, the company supplies structural carbon fibre kits, engineered vacuum bag kits, and related support services to aircraft OEMs and Tier 1 aerostructure manufacturers under long-term, volume-based contracts. Its proprietary nesting software and digital manufacturing cell optimise material utilisation and provide full batch traceability, removing raw material cutting, handling, and preparation from customer factory floors while reducing waste and labour dependency. Cumulative production stands at approximately 2.48 million kits and 27.7 million shapes across the UK and US since 2011.
The company operates manufacturing facilities in Burnley and Fareham in the UK and in Tallassee, Alabama (opened 2022–2023 to serve a US$100 million GKN aerostructures agreement), with a global R&D centre in North West England. Velocity holds AS9100D, AS9120B, and Nadcap AC7118 (Kitting Service Provider) Merit Status certifications and individual OEM approvals covering Airbus (A350, A320neo, A330neo, A400M), Boeing (737 Max), GKN, Safran (engine nacelles), and defence programmes including the F35 fighter. Revenue is generated primarily through multi-year, negotiated contracts tied to aircraft build-rate projections, alongside managed on-site services delivered from forward-stocking locations at customer sites.
Revenue was £8.4 million in H1 FY2026 (down from £10.4m in the prior-year period), with FY2026 adjusted EBITDA forecast at approximately £0.5 million and pre-tax loss of £1m. Backlog and pipeline visibility are supported by a 10-year A350 contract extension with a UK Tier 1 worth up to $54 million through 2035, a $100m US GKN agreement, and a disclosed pipeline of over £30 million in tangible opportunities. Recent strategic moves include global raw-material supply agreements with Hexcel and Syensqo (July 2024), Nadcap Merit Status across all global sites (2026), and senior hires including a CFO, COO, and a North American Executive Advisor.
Velocity Composites firmographics
Firmographics- Name
- Velocity Composites
- Legal name
- Velocity Composites Plc
- Website
- https://velocity-composites.com
- Company type
- Public
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Velocity Composites designs and manufactures pre-engineered composite material kits — including structural carbon fibre and engineered vacuum bag kits — for aerospace OEMs and Tier 1 aerostructure manufacturers, with manufacturing operations in the UK and the US.
- Ownership category
- akta.pro rank
Velocity Composites industry classification
Industry- Product category
- Aerospace Composite Material Kits
- NAICS
- Other Aircraft Parts and Auxiliary Equipment Manufacturing (336413)
- SIC
- Aircraft & Parts (3720)
- akta.pro primary industry
- Composite Structures & Layup Manufacturing (IMABAEAB)
Keywords
Where Velocity Composites is headquartered
LocationHeadquarters
- HQ city
- Burnley
- HQ country
- United Kingdom
- HQ region
- Europe
Offices4 records
Markets served
Velocity Composites business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Structural Material Kits: Sale of pre-cut structural composite material kits for aerospace manufacturers, including carbon fibre kits for aircraft primary and secondary structures.
- Engineered Vacuum Bag Material Kits: Supply of vacuum bagging materials engineered to complement structural kits, reducing waste across all processes.
- Managed Services: Fully managed material and kitting services provided from customer sites or Velocity facilities, including inventory management, digital traceability, and on-site support teams.
- Long-Term Contracts: Multi-year contracts with major aerospace manufacturers including Airbus A350 programme (up to $54m potential value), Boeing 737 Max, and defense OEM partnerships.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
Velocity Composites product offering
Product offeringCore offering
Velocity Composites manufactures and supplies pre-engineered composite material kits—primarily Structural Material Kits (carbon fibre and ancillary materials) and Engineered Vacuum Bag Material Kits—for aircraft OEMs and Tier 1 aerostructure manufacturers, supported by on-site Support Services for documentation and change management. The kits are produced using proprietary nesting and digital traceability software at manufacturing sites in Burnley, Fareham (UK) and Tallassee, Alabama (US), removing raw material handling, cutting and preparation from customers' factory floors.
Product overview
Velocity Composites operates as a single unified product offering centered around composite material kitting services for aerospace and high-performance manufacturers. The portfolio consists of three integrated products: Structural Material Kits (core product for advanced carbon fibre and ancillary material kits), Engineered Vacuum Bag Material Kits (complementary kits for vacuum bagging processes), and Support Services (documentation and change management support). Together, these products enable manufacturers to streamline processes, reduce internal costs, eliminate raw material handling and waste from factory floors, and redirect resources toward core operations.
Differentiator
Problem solved
Functional benefit
Products and services
- Structural Material Kits Pre-engineered composite material kits (carbon fibre and ancillary materials) produced from proprietary nesting software with full digital traceability, supplied to aerospace OEMs and Tier 1 aerostructure manufacturers for use in aircraft primary and secondary structures.
- Engineered Vacuum Bag Material Kits Engineered vacuum bagging material kits engineered to complement Velocity's structural material kits, designed to manage and reduce waste across all manufacturing processes with full process visibility.
- Support Services Comprehensive support service for aerospace customers covering the change process, including documentation updates for master layouts, process control documents, material specifications, bill of materials and route/batch cards.
Quantifiable outcome
- Reduces material waste in composite manufacturing through optimized nesting
- +4 more outcomes
Companies that use Velocity Composites
Customer profileNamed customers8 records
Segments3 records
Ideal customer profiles3 records
Velocity Composites technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Velocity Composites partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core, flagship and minor.
- Hexcel CorporationcoreGlobal supply agreement for composite raw materials signed at Farnborough International. Hexcel is a leading producer of carbon fibre reinforcements and resin systems, and the leader in honeycomb manufacturing for commercial aerospace.
- SyensqocoreUS supply agreement for composite raw materials signed at Farnborough International. Syensqo provides advanced materials and specialty chemicals for aerospace applications.
- GKNflagship$100 million agreement for Velocity's first entry into US market. GKN is a major global aerostructures manufacturer. The partnership enables Velocity to supply structural material kits from its Tallassee, Alabama facility.
- Wesco Aircraft Holdings, Inc. (now Incora)corePartnership to support expansion of Wesco's product offering into composite management services. Utilises Wesco's leading supply chain management expertise and Velocity's innovative composite nesting, kitting and waste reduction services. Initial deployment in North America through Wesco Composite Management Services.
- Burnley CollegeminorEducational partnership for workforce development and training of next-generation engineers in collaboration with UK aerospace sector.
- T-Level ProgrammeminorPartnership supporting T-Level programs to address skilled engineering shortage in UK manufacturing and develop future aerospace talent.
Scale indicators10 records
Recent moves8 records
Expansion highlights6 records
Velocity Composites competitors and assessment
Company assessmentDirect peers
- Incora (formerly Wesco Aircraft + Pattonair): Direct competitor and named channel partner of Velocity. Incora is a major aerospace distributor and kitting services provider with overlapping composite material management capabilities and a shared customer base with Airbus and Boeing.
- Loar Holdings: US-listed manufacturer of niche aerospace components and assemblies sold to OEMs and Tier-1s. Comparable scale and business model — small, specialised supplier monetising proprietary components into major commercial and defence aerospace programmes.
Broad incumbents
- Senior plc: UK-listed aerospace and defence components manufacturer serving similar OEM customers (Boeing, Airbus, Rolls-Royce). Senior operates at a much larger scale but in adjacent aerostructures and fluid conveyance categories that frame Velocity's niche within the UK aerospace supply chain.
- GKN Aerospace (Melrose Industries): Largest Tier-1 aerostructures supplier and a Velocity customer ($100m agreement). GKN produces the airframe components that Velocity kits supply materials into, making it the closest reference point for Velocity's go-to-market position in the airframe supply chain.
- Hexcel Corporation: Leading carbon fibre, resin and honeycomb supplier and Velocity's raw-material partner. Hexcel sits directly upstream of Velocity in the aerospace composites value chain and provides a useful benchmark for material economics in the markets Velocity serves.
- Syensqo: Specialty materials producer (formerly Solvay composites) and Velocity's US raw-material partner. Syensqo supplies the high-performance resins and composites that feed composite kit production, making it an upstream comparable for material pricing dynamics.
- Meggitt (Parker Aerospace): Major aerospace systems and components supplier now part of Parker. Comparable because Meggitt supplied advanced materials and components into the same OEM programmes (Airbus, Boeing) where Velocity's kits are consumed.
- HEICO: Aerospace and electronics specialist with FAA-approved PMA parts and an MRO business. HEICO provides a relevant benchmark for a small-cap focused aerospace supplier that has scaled into a multi-billion-dollar business through OEM-adjacent niches.
- Magellan Aerospace: Aerospace structures and systems manufacturer serving similar civil and defence programmes (F35, A350). Magellan's aerostructures business shares end-customers and composite-material intensity with Velocity's composite kitting.
Emerging players
- TechServices (composite kitting and material management): Smaller competing composite kitting and material management service providers in the aerospace supply chain that compete for similar Tier-1 OEM contracts based on nesting, traceability and waste-reduction capabilities similar to Velocity's proprietary technology.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Velocity Composites social profiles
Digital presenceVelocity Composites compliance and trust
Trust signalCompliance3 records
Velocity Composites financial estimates
Financial estimateRevenue estimate
Valuation estimate
Velocity Composites leadership team
Management profileNumber of profiles
Profiles8 records
Velocity Composites funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Velocity Composites M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Velocity Composites
What does Velocity Composites do?
Velocity Composites manufactures and supplies pre-engineered composite material kits—primarily Structural Material Kits (carbon fibre and ancillary materials) and Engineered Vacuum Bag Material Kits—for aircraft OEMs and Tier 1 aerostructure manufacturers, supported by on-site Support Services for documentation and change management. The kits are produced using proprietary nesting and digital traceability software at manufacturing sites in Burnley, Fareham (UK) and Tallassee, Alabama (US), removing raw material handling, cutting and preparation from customers' factory floors.
Is Velocity Composites a public or private company?
Velocity Composites is a public company. It is classified as public and is currently operating.
When was Velocity Composites founded?
Velocity Composites was founded in 2007. It employs 101 to 250 people.
Where is Velocity Composites based?
Velocity Composites is headquartered in Burnley, United Kingdom, in the Europe region.
How does Velocity Composites make money?
Four revenue lines are on record. Structural Material Kits are the primary driver. The others are engineered Vacuum Bag Material Kits, managed Services and long-Term Contracts.
Who are Velocity Composites's main competitors?
Direct peers on record are Incora (formerly Wesco Aircraft + Pattonair) and Loar Holdings. Broad incumbents are Senior plc, GKN Aerospace (Melrose Industries), Hexcel Corporation, Syensqo, Meggitt (Parker Aerospace), HEICO and Magellan Aerospace. TechServices (composite kitting and material management) is listed as an emerging player.
Does Velocity Composites have an API?
No public API is recorded for Velocity Composites.
What industry is Velocity Composites in?
Velocity Composites's product category is Aerospace Composite Material Kits. Its primary akta.pro industry code is IMABAEAB, Composite Structures & Layup Manufacturing. Its NAICS code is 336413 and its SIC code is 3720.