What HP Composites does

HP Composites S.p.A. is an Italian privately held manufacturer founded in 2010 and headquartered in Ascoli Piceno (Marche), specialising in the design, engineering and serial production of high-performance components in advanced composite materials, principally carbon fiber. The company operates five production plants covering approximately 22,000 sqm and employs around 600 people (direct and temporary) as of late 2020. Its offering spans an end-to-end capability from concept and design through prototyping, industrialisation, volume production, in-house 5-axis CNC machining and type-approval, organised around six named market sectors: motorsport, automotive, aerospace, marine, industrial and design/luxury. Proprietary in-house technologies — the HPC-RTM (Resin Transfer Moulding) and Air Press Moulding processes developed by its R&D function — underpin series-production programs for OEMs, as do productised materials such as NOVACOMP®, a 100%-valorised recycled carbon-fiber raw material developed under the EU LIFE–funded CIRCE project.

Revenue is generated primarily through project-based B2B contract manufacturing, with dedicated Project Managers owning each customer order ('commessa') from offer preparation through delivery, supported by long-running technical partnerships with OEMs including Lamborghini Squadra Corse (since 2013, renewed 2018 and 2021), Maserati (MC20), Ferrari (488 Pista), Dallara (Stradale), Hispano Suiza (Carmen Boulogne), Ligier Automotive, Spark Racing Technologies, Hyundai and, from May 2021, Sauber Engineering. Pricing is quote-based and not publicly disclosed. A material secondary revenue stream comes from non-dilutive public co-financing (EU LIFE, Horizon Europe, Italian MISE/Invitalia under Legge 181, Regione Marche POR FESR, Regione Abruzzo POR-FESR), which underwrites R&D and capacity expansion across at least nine named projects (MARLIC, CIRCE, VIABLE, PLOOTO, FIBSUN, COTANEC, CARB-DIS, HYBREEN, TREE, Go Innovation). GTM is enterprise field sales, complemented by presence at JEC World, Composites Europe and Autosport International, earned media in Italian national press and TV, and an active R&D consortium positioning that anchors HP at the centre of the Marche/Abruzzo composites cluster.

Name

HP Composites

Legal name

HP Composites S.p.A.

Website

https://hpcomposites.it

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

251–500 employees

Short description

HP Composites is an Italian privately held manufacturer, founded in 2010 and based in Ascoli Piceno, that designs and series-produces high-performance carbon-fiber composite components for enterprise OEMs across motorsport, automotive, aerospace, marine, industrial and design sectors.

Ownership category

akta.pro rank

Product category

Advanced Composite Components Manufacturing

NAICS

Laminated Plastics Plate, Sheet (except Packaging), and Shape Manufacturing (32613)

SIC

Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821)

akta.pro primary industry

Composite Structures & Layup Manufacturing (IMABAEAB)

akta.pro secondary industries

FRP/GRP & Composite Materials (Resins, Fibers, Core Materials) (IMAJAKAC), Specialty Polymers & Resins (Engineered Materials) (IMAEABAK), Biodegradable Composites & Biocomposites (natural fiber-reinforced) (IMAEAOAJ)

Keywords

• Carbon fiber components
• Composite materials manufacturing
• Automotive composites
• Motorsport components
• Advanced composite engineering

Headquarters

HQ city

Ascoli Piceno

HQ country

Italy

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Revenue model

1. B2B project / contract manufacturing of composite components: Project-based revenue from design and production of advanced composite (carbon fiber) components for industrial clients in automotive, motorsport, aerospace, marine, industrial and design/luxury furniture sectors. Project Managers oversee each order (commessa) from offer preparation through to production launch, with responsibility for time, quality, cost and customer satisfaction. Long-running commercial relationships with OEMs (Lamborghini Squadra Corse since 2013/2018, Sauber Engineering from 2021, etc.).
2. OEM series production supply: Series/industrial production of structural composite components for OEM car programs (e.g., Maserati MC20, Lamborghini Huracán GT3 EVO, Ferrari 488 Pista, Hispano Suiza Carmen Boulogne) with dedicated multi-month production runs.
3. Public funding / R&D grants (EU, Italian government, regional): Co-financing from EU programs (LIFE, Horizon Europe), Italian MISE (Law 181/89 industrial crisis area funds via Invitalia), Regione Marche (POR MARCHE FESR 2014-2020 and 2021-2027), Regione Abruzzo (POR-FESR). Used to fund capital investment (new R&D lab, Formula 1-dedicated production unit, fourth plant acquisition), 50 new hires, and R&D projects (MARLIC, CIRCE, VIABLE, PLOOTO, FIBSUN, COTANEC, CARB-DIS, HYBREEN, TREE, GO INNOVATION).

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels7 records

Core offering

HP Composites designs, engineers, prototypes, industrializes and serially produces high-performance advanced composite (primarily carbon fiber) components for industrial clients. Its integrated offering covers the full value chain from concept to finished, type-approved product ("dall'idea al prodotto finito"), including CNC machining, and serves automotive, motorsport, aerospace, marine, industrial and design/luxury sectors.

Product overview

HP Composites operates as a vertically integrated manufacturer of advanced composite components rather than a software platform. Its offering is structured as a single end-to-end capability — "from concept to finished product" ("dall'idea al prodotto finito") — that covers design, engineering, prototyping, industrialisation, serial production, CNC machining and type-approval of high-performance carbon-fiber components. Under this unified capability, HP serves six named market sectors that function as product lines: Motorsport, Automotive, Aerospace, Marine, Industrial and Design/Luxury. The portfolio also includes proprietary manufacturing technologies developed in-house by its R&D department — notably the Air Press Moulding process (used for the Maserati MC 20 program) and the HPC-RTM process (developed under the Go Innovation project) — and productised materials such as NOVACOMP®, the regenerated carbon-fiber raw material created through the CIRCE EU LIFE project. The R&D project portfolio (VIABLE, PLOOTO, FIBSUN, COTANEC, CARB-DIS, HYBREEN and the completed MARLIC and CIRCE programs) represents the company's ongoing innovation pipeline, funded by the EU and the Marche Region.

Differentiator

Problem solved

Functional benefit

Brands

• HP Racing Team: HP-branded racing scuderia launched in May 2019 under the Everspeed umbrella to put HP Composites' own products on track.

Products and services

• High-Performance Advanced Composite Components Design, engineering, prototyping, industrialisation, serial production and CNC machining of high-performance carbon fiber composite components, from concept to finished type-approved product, for industrial OEM clients.
• Motorsport Components Carbon fiber and advanced composite components for motorsport competition vehicles, including chassis, crash boxes and aerodynamic/structural parts used in endurance racing, LMP2/LMP3 prototypes, GT3 cars, Formula E and Hypercars.
• Automotive Components Structural and semi-structural advanced composite components for series-production and limited-edition road cars, including programmes for Maserati MC20, Ferrari 488 Pista, Lamborghini, Dallara Stradale, Hispano Suiza Carmen Boulogne and Sauber Engineering.
• Aerospace Components Advanced carbon-fiber reinforced polymer (CFRP) components for the aerospace sector, including CFRP panels for satellite-launch dispenser systems developed under the CARB-DIS project with SAB Aerospace.
• Marine Components Advanced composite components for the nautical/marine sector, including bio-composite materials for boat structural elements developed under the COTANEC project.
• Industrial Components Advanced composite components for industrial applications beyond automotive, motorsport, aerospace and marine, including 1st University Course on Composite Materials developed in collaboration with Università Politecnica delle Marche.
• Design / Luxury Furniture Components Advanced composite components for luxury furniture and design applications, alongside the TREE project wheelchair in carbon fiber for home-based rehabilitation of chronically disabled people.
• Air Press Moulding Process In-house production technology developed by HP Composites' R&D department for serial production of structural carbon-fiber composite components, first deployed at scale for the Maserati MC20.
• HPC-RTM (Resin Transfer Moulding) Process Highly automated Resin Transfer Moulding process using nano-loaded matrices developed by HP for serial production of high-performance carbon-fiber automotive components.
• NOVACOMP® Regenerated Carbon-Fiber Material Regenerated carbon-fiber raw material produced from 100% valorization of uncured carbon-fiber prepreg waste, developed under the EU LIFE-funded CIRCE project coordinated by HP Composites.

Quantifiable outcome

• Maserati MC20 weighs under 1,500 kg with 630 hp, achieving a record 2.33 kg/hp ratio via HP's mixed carbon fiber / composites / light-alloy construction
• +5 more outcomes

Named customers10 records

Segments6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

20 partnerships are on record, tiered flagship, major and minor.

• Ligier Automotive (Onroak Automotive)flagshipStrategic or Co-development Partner · 20 January 2025HP Composites contributes advanced composite expertise for the restoration and innovation of Ligier competition vehicles (January 2025 announcement). Long-running collaboration includes the Ligier JS P2 (FIA WEC LMP2 champion 2015), JS P4 (full-carbon LMP3-style, €149,000 retail) and JSP217 (2017 Le Mans 24h debut). 32% of the 2017 Le Mans grid and 63% of the ELMS grid were HP-built cars.
• Sauber EngineeringflagshipStrategic or Co-development Partner · 10 May 2021New partnership signed May 2021 between HP Composites and Sauber Engineering (the F1 engineering arm of Sauber). Marks HP Composites' deeper entry into Formula 1-related engineering services.
• VITO (Flemish Institute for Technological Research) and consortium partnersmajorStrategic or Co-development Partner · 10 January 2021VIABLE project (LIFE20 ENV/BE/000671) — HP Composites is one of 6 European industrial partners coordinated by VITO, validating lignin as an alternative raw material for epoxy resins replacing 20–50% of Bisphenol-A. Total project cost €3,491,078; EU co-funding €1,854,090.
• MaseratiflagshipStrategic or Co-development Partner · 13 September 2020Full HP Composites staff collaborated with Modena-based Maserati team to develop and produce structural carbon-fiber composite components for the Maserati MC20 super sports car, leveraging HP's proprietary Air Press Moulding technology. The MC20's mixed carbon/composites/light-alloy construction delivers sub-1,500 kg weight with 630 hp (2.33 kg/hp), with HP production running through end of 2020 and beyond.
• Hispano SuizamajorOEM/ Whitelabel/ Licensing Partner · 22 May 2020HP Composites produced the exposed carbon-fiber bodywork of the Hispano Suiza Carmen Boulogne electric hypercar (May 2020), emphasizing sportiness and timeless elegance.
• Spark Racing Technologies (Formula E)majorStrategic or Co-development Partner · 27 January 2020HP produced the entire carbon body for Spark Racing Technology's Formula E race car, showcased at JEC World 2017 in Paris on a 75 sqm stand. Continued partnership on Formula E single-seater bodywork.
• Lamborghini Squadra CorseflagshipStrategic or Co-development Partner · 13 April 2018Strategic technical partnership signed 13 April 2018, originally until 2020, renewed in 2021 (renewed partnership dating back to 2013). HP produces carbon-fiber structural bodywork and aerodynamic kits for the Lamborghini Huracán GT3 EVO race cars. The collaboration has yielded multiple race wins including GTD class wins at the 24 Hours of Daytona (2020) and class victories in Super Trofeo Lamborghini and GT3 series worldwide.
• FerrarimajorOEM/ Whitelabel/ Licensing Partner · 6 April 2018HP Composites contributed to the realization of the Ferrari 488 Pista project (April 2018); Ferrari publicly thanked HP for the trust placed in them.
• DallaramajorStrategic or Co-development Partner · 23 November 2017Partnership for production of the Dallara Stradale — Dallara's first road-going supercar, presented to the public on 16 November 2017. Combines Dallara's 80-year motorsport heritage with HP Composites' advanced composites capability.
• Maggioli SpA and 19 other consortium partners (PLOOTO / Horizon Europe)majorStrategic or Co-development PartnerPLOOTO project (Horizon Europe) developing a circular and resilient information system (CRIS) with digital product passports. HP participates in the drones pilot value chain. Total cost €7,652,750, fully EU-funded; 20 industrial and research partners coordinated by Maggioli SpA.
• FIBSUN consortium (17 partners, Horizon Europe)majorStrategic or Co-development PartnerFIBSUN project (Horizon Europe) develops sustainable value chains for natural fibers from undervalued biomass on marginal/degraded land. HP contributes composite materials know-how. Total cost €4,521,790; EU funding €4,354,416.52.
• SAB Aerospace (CARB-DIS project lead)majorStrategic or Co-development PartnerCARB-DIS project (POR MARCHE FESR 2021-2027) — HP Composites contributes to requirements definition, sustainable moulding technology and production validation of CFRP panels for satellite dispenser systems (TRL 6). Total cost €1,458,155.05; EU funding €864,995. SAB Aerospace is project lead with 3 industrial partners total.
• Comec Innovative (HYBREEN project partner)minorStrategic or Co-development PartnerHYBREEN project (EU co-funded) explores natural and recycled materials in hybrid configurations for automotive semi-structural components. HP Composites leads the project (capofila) with Comec Innovative as partner. Total cost €354,174.60; EU funding €221,427.79.
• Alci, Base Protection, Petroceramics, CETMA (CIRCE project partners)majorStrategic or Co-development PartnerCIRCE project (LIFE 18 ENV/IT/000155, 2019–2022) develops a circular economy model for uncured carbon fiber prepreg waste, resulting in NOVACOMP® new raw material. HP is beneficiary coordinator; 3 industrial partners (Alci, Base Protection, Petroceramics) and research center CETMA. Total cost €2,121,762.12; EU funding €1,158,209.49.
• Università Politecnica delle Marche (UNIVPM)majorImplementation/ SI/ Consulting PartnerStrategic training partnership: HP Composites co-developed the first university-level course on composite materials at UNIVPM (43 students, inaugurated November 2018) and a post-graduate 'Composites Engineering' course and degree program. HP participates in Career Day and internship/PhD programs (PhD Compositi UNICAM-UNIVPM 2022).
• Università degli Studi di Camerino (UNICAM)majorImplementation/ SI/ Consulting PartnerJoint 'Composites PhD Day' with UNIVPM and UNICAM hosted in Confindustria Sala degli Specchi, Ascoli Piceno (February 2022); research collaboration under MARLIC ecosystem.
• ITS Recanati and IIS 'Fermi – Sacconi – Ceci' (Ascoli Piceno)minorImplementation/ SI/ Consulting PartnerPartnership for post-diploma ITS Recanati course on 'Tecnici con conoscenze e competenze altamente specialistiche nella filiera dei materiali compositi e dell'INDUSTRY 4.0' delivered at IIS Fermi-Sacconi-Ceci in Ascoli Piceno. Also scholarship programs on composite materials.
• CarbonMind (partner logo on homepage)minorOthersCarbonMind listed as a partner in the HP Composites homepage partner footer (logos block).
• Ecodime ItaliaminorOthersEcodime Italia listed as a partner in the HP Composites homepage partner footer (logos block).
• Marlic (consortium / cluster)minorStrategic or Co-development PartnerMARLIC — Marche Applied Research Laboratory for Innovative Composites — co-financed by Regione Marche (POR MARCHE FESR 2014-2020), coordinated by HP Composites, with 21 companies, 5 research institutes and Fondazione Cluster Marche. Listed as partner in homepage footer. Total cost €11,383,875.70; EU funding €5,959,501.61.

Scale indicators10 records

Recent moves7 records

Expansion highlights7 records

Broad incumbents

• Toray Industries (Advanced Composites): Japanese carbon-fiber and advanced composites giant whose Toray Advanced Composites division supplies prepregs, parts and tooling to aerospace, automotive and motorsport globally. Larger incumbent with vertically integrated fiber-to-part capability competing for the same OEM programs.
• Hexcel: US-based advanced composites manufacturer supplying carbon fiber, prepregs and honeycomb core materials primarily to aerospace and industrial customers. Larger incumbent competing for premium-OEM structural composite parts and setting industry performance standards.
• SGL Carbon: Large German carbon-fiber, graphite and composite materials group with both fiber production and composite parts (including automotive and industrial applications). A broader incumbent that competes with HP in composite components and upstream materials.
• Teijin Carbon: Japanese carbon-fiber and composites producer serving aerospace, automotive, sporting goods and industrial markets. Larger incumbent competing in carbon-fiber materials and downstream composite parts, including automotive structural components.

Direct peers

• Bucci Composites: Italian manufacturer of advanced carbon-fiber composite components for automotive, motorsport, aerospace and industrial sectors. Closest like-for-like peer: same Italian base, same automotive/motorsport OEM customer profile, comparable vertical integration from design to serial production.
• Cobra Advanced Composites: UK-based manufacturer of carbon-fiber composite components specializing in motorsport (Formula 1, WEC, GT) and high-end automotive. Comparable business model — design-to-delivery composites for racing teams and premium OEMs — making it a direct competitor for motorsport programs.
• Fibreworks Composites: UK-based composites manufacturer for motorsport (F1, WEC, NASCAR) and aerospace customers. Direct peer competing for the same race-team and high-end OEM composite-parts work and serving a comparable customer set.
• ATR Group (Advanced Technology & Research): Italian/UK-based composites manufacturer serving motorsport, automotive, aerospace and industrial customers with design, engineering and production of advanced composite components. Direct peer with overlapping motorsport OEM customer base and end-to-end manufacturing capability.
• Mubea Carbo Tech: German Tier-1 supplier of carbon-fiber composite components for premium automotive, motorsport and industrial applications, part of the Mubea Group. Direct competitor for premium-OEM and motorsport structural carbon parts with comparable technology portfolio (autoclave, RTM, series production).
• Park Aerospace Corp: US manufacturer of advanced composite parts and assemblies, primarily for aerospace and defense (commercial aircraft, radomes). Comparable business in design-to-finished-part composite manufacturing for demanding OEM customers, though with a heavier aerospace mix than HP.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@HPcomposites/videos
• Facebookfacebook.com/HPCompositesS.p.A
• LinkedInlinkedin.com/company/hp-composites-srl/?viewAsMember=true
• Instagraminstagram.com/hp_composites

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HP Composites