Hexcel Corp (Hexcel) is an advanced composites company that develops, manufactures and markets lightweight, high-performance structural materials. Its product portfolio includes carbon fibers, specialty reinforcements, prepregs and other fiber-reinforced matrix materials, engineered honeycomb, honeycomb, adhesives and composite structures.

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Hexcel undertakes R&D initiatives focused on developing advanced lightweight materials, such as carbon fiber and honeycomb, for aerospace and automotive applications. The company's R&D efforts involve testing and building new combinations of resins and fibers to create parts that are both lighter and stronger. Hexcel Corp invests millions of dollars annually in inventing new materials and operates major R&D centers to support these initiatives. The R&D units of Hexcel include major centers in locations such as Salt Lake City, Utah, and a joint facility at Wichita State University, Kansas. These units are responsible for managing the company's R&D activities, which include mixing different liquid resins to enhance toughness and heat resistance, producing small batches of new materials to assess mass production feasibility, and testing real parts like airplane wings and rocket nose cones for real-world performance. Hexcel maintains seven R&D centers, known as Research and Technology (R&T) Centers of Excellence, to support its global business operations. The company has entered into formal and informal alliances, as well as licensing and teaming arrangements, with several customers, suppliers, external agencies, universities, and laboratories. Recent partnerships include collaborations with companies like Hybron and NYAR to develop faster manufacturing processes for aircraft and defense materials. The company maintains seven R&D centers and has more than 1,350 patents and pending applications worldwide. In FY2025, it spent US$56.4 million on R&T, which as a percentage of revenue, stood at 3%.