Velocity Composites appoints Dr. David Bailey to its Board as Independent Director

– UK, Burnley –  Velocity Composites plc (LON: VEL), the leading supplier of advanced composite material kits to the aerospace market today announced the appointment of Dr. David Bailey to its Board as an independent non-executive director, with immediate effect.

“David brings to Velocity considerable experience and understanding of aerospace industry supply chains and the composites sector. We are delighted that we have attracted such a high calibre candidate to join the Board, endorsing the exciting future the Company has.” said Board Chairman, Andy Beaden.

About Dr. David Bailey

Dr. David Bailey is an experienced executive with extensive management and technical expertise developed across the aerospace and power generation industries. He has contributed to the strategic direction of the UK’s aerospace industry and cross-sector composites sector as a Board member of the Aerospace Growth Partnership and Composites Leadership Forum. He is a renowned aerospace supply chain specialist and has worked with the senior management teams of over 100 aerospace and defense suppliers.

Since February 2020, David has been the CEO of Composites UK, the trade association for the UK composites industry with over 360 member companies. David formed Aerospace Consulting Limited in February 2020 to specialize in developing and delivering high-level consultancy projects in the aerospace industry. Before establishing Aerospace Consulting, David was CEO of the North West Aerospace Alliance (NWAA), the regional trade association for the aerospace and defense industry in the North West of England between 2011 and 2020. The NWAA is one of the largest aerospace clusters in the world, representing over 240 aerospace member companies (including organizations such as Airbus, BAE Systems, Brookhouse Aerospace, MBDA Missile Systems, Rolls-Royce, Safran, Senior Aerospace, and Teledyne CML Composites).

Dr. Bailey has a Ph.D. in Gas Turbine Aerodynamics and an Aeronautical Engineering degree both from Loughborough University. David was made a Fellow of the Royal Aeronautical Society for services to the North West’s Aerospace Industry in 2017.

About Velocity Composites

Based in Burnley, UK, Velocity Composites is the leading supplier of composite material kits to aerospace and other high-performance manufacturers, that reduce costs and improve sustainability. Customers include Airbus, Boeing, and GKN.

By using Velocity’s proprietary technology, manufacturers can also free up internal resources to focus on their core business. Velocity has significant potential for expansion, both in the UK and abroad, including into new market areas, such as wind energy, urban air mobility, and electric vehicles, where the demand for composites is expected to grow. About Velocity Composites

Based in Burnley, UK, Velocity Composites is the leading supplier of composite material kits to aerospace and other high-performance manufacturers, that reduce costs and improve sustainability. Customers include Airbus, Boeing, and GKN.

By using Velocity’s proprietary technology, manufacturers can also free up internal resources to focus on their core business. Velocity has significant potential for expansion, both in the UK and abroad, including into new market areas, such as wind energy, urban air mobility, and electric vehicles, where the demand for composites is expected to grow.

For more information: https://www.velocity-composites.com/

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