VISTAGY Poised To Capitalize On Unprecedented Growth Of Composites In Aerospace Engineering
Waltham, MA - VISTAGY, Inc., a global provider of specialized engineering software, recently re-affirmed its leadership position in providing composites and airframe design and assembly software to the global aerospace engineering industry. Rapid growth in the civil and regional aircraft manufacturing industry, coupled with unprecedented demand for carbon-fiber composite materials used in aerospace products and parts, has provided VISTAGY with a platform for pursuing significant new growth opportunities in 2007. VISTAGY cited market evidence that supports the need for its specialized engineering software tools across the global supply chain for today's new composite aircraft designs.
The increased use of composite materials in aerospace applications will dramatically change the economics of flight and the process of developing aircraft. Recent successes using composites for major new commercial, military, regional and Very Light Jet (VLT) aircraft programs, as well as the promise of part consolidation to lower manufacturing costs, weight reduction for increased fuel efficiency, and improved fatigue resistance for better durability and lower maintenance costs, has driven the demand for these composite materials. Analysts estimate that the current composites market for the aerospace industry is more than $7 billion, with the production of finished carbon-fiber composite components and structures accounting for $5.5 billion. The global market is expected to reach $14 billion within ten years and could quadruple by 2026.
"In the coming years, aerospace engineers will need to completely re-engineer their entire product development process, from conceptual design to manufacturing and quality assurance, to realize the business benefits and technology advancements that composite materials promise," said Steve Luby, president and CEO at VISTAGY, Inc. "Their success depends on how well they transform their engineering processes and streamline their global supply chain. Our specialized engineering software and services have helped numerous organizations begin that transformation and enabled faster, more accurate and more efficient composite product development."
Hundreds of aerospace manufacturers around the world, as well as their globally distributed suppliers, are utilizing VISTAGY's CAD-integrated software to capture and communicate truly complete 3D digital product definitions throughout their development chains. Leading manufacturers including AleniaAermacchi, Terma, Korea Aerospace Industries, Shenyang Aircraft Corporation, GKN Aerospace Engineering Services, P&Z Engineering, and China Helicopter Research & Development Institute have selected VISTAGY's FiberSIM® software for composites design and manufacturing. FiberSIM, powered by VISTAGY's unique EnCapta® technology, helps engineers in the aerospace industry streamline many of the tedious, time-consuming and complex tasks for designing and manufacturing composite products.
VISTAGY also recently announced its Airframe Design Environment™ (ADE) software. It is the first-ever application fully integrated into commercial CAD systems that is specifically tailored to designing and manufacturing airframes. The ADE enables aerospace engineers to define all essential non-geometric information, such as airframe joints, sealants and fastening hardware, and associate it with the relevant geometry. The software then automates critical design calculations, like distance to edge and distance between fasteners, and defines conditions of supply to create truly complete 3D digital product definitions of airframe components and assemblies. As a result, manufacturers in the aerospace industry can more efficiently, quickly and cost-effectively develop aircraft.
All software applications powered by EnCapta, including the Airframe Design Environment, operate within the CATIA V5, Pro/ENGINEER Wildfire, and NX CAD systems. For more information about VISTAGY's airframe assembly environments, please visit our Web site. www.vistagy.com.
SOURCE: VISTAGY, Inc.