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Business Partner Agreement between Park Aerospace Corp. and ArianeGroup SAS January 17 2022

2022 Lucintel Composites Market Insights, January 17, 2022

Park Aerospace Corp. has entered into a Business Partner Agreement with ArianeGroup SAS of Les Mureaux, France. Under the Business Partner Agreement, ArianeGroup SAS appointed Park as its exclusive North American distributor of ArianeGroup’s RAYCARB C2B NG proprietary product. RAYCARB C2B NG is used to produce ablative composite materials for critical rocketry and missile systems.

Park is a long-term customer of ArianeGroup and uses ArianeGroup’s RAYCARB C2B NG product in the production of many of Park’s key ablative materials which Park supplies into critical rocket and missile programs. Park will continue to purchase RAYCARB C2B NG for its own programs, and, through the Business Partner Agreement, Park is now taking on the new role of ArianeGroup’s exclusive North American distributor for its RAYCARB C2B product.

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