Constellium collaborates with NASA on the Artemis program, providing advanced aluminum solutions for space missions.
Quiver AI Summary
Constellium SE celebrated its collaboration with NASA during a visit from NASA representatives to its Ravenswood, West Virginia facility, recognizing its contributions to the Artemis program, which aims to return humans to the Moon and eventually send crewed missions to Mars. Constellium provides advanced aluminum-lithium and conventional alloy solutions, particularly for NASA's Space Launch System (SLS) rocket and Orion spacecraft, leveraging its innovative Airware® material that offers low density and high strength suited for spaceflight. Philippe Hoffmann, President of Constellium's Aerospace and Transportation unit, expressed pride in supporting NASA's exploration missions while emphasizing the role of their skilled workforce and advanced manufacturing capabilities in driving American leadership in these fields. The Ravenswood facility, employing over 1,100 people, also serves various industries, supplying precision products to notable manufacturers, including Boeing and Lockheed Martin.
Potential Positives
- Constellium's partnership with NASA on the Artemis program highlights its critical role in space exploration, enhancing the company's reputation as a leader in innovative aerospace materials.
- The use of Constellium's proprietary Airware® aluminum-lithium alloy showcases the company's advanced manufacturing capabilities and its contribution to high-performance aerospace applications.
- Being recognized by NASA reinforces Constellium's position in the aerospace market, potentially attracting more contracts and business within the industry.
- The company's involvement in the Artemis program supports American leadership in advanced manufacturing, which could improve its competitive standing globally.
Potential Negatives
- While the press release highlights Constellium's collaboration with NASA, it may raise concerns regarding the dependency on a single government contract for significant revenue, which could make the company vulnerable to funding changes or shifts in government priorities.
- Despite showcasing advanced manufacturing capabilities, the release does not provide specific details on the financial impact of the Artemis program on Constellium's overall business, leaving stakeholders questioning the direct benefits of the partnership.
- The emphasis on the Artemis program could overshadow potential challenges or risks the company may face in other sectors it serves, particularly in a competitive aerospace and defense market.
FAQ
What is the significance of Constellium's collaboration with NASA?
Constellium supports NASA's Artemis program by providing advanced aluminum solutions for the Space Launch System rocket and Orion spacecraft.
How does Airware® benefit space missions?
Airware® offers low density, high-specific stiffness, and strength, making it ideal for the extreme conditions of spaceflight.
Where is Constellium's aluminum manufacturing facility located?
The Ravenswood facility in West Virginia is one of the largest aluminum rolled products sites in the world.
What industries does Constellium serve?
Constellium serves aerospace, defense, transportation, marine, and industrial industries, supplying various precision components.
How many employees work at Constellium Ravenswood?
The Ravenswood facility employs over 1,100 skilled workers dedicated to advanced manufacturing and innovation.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CSTM Hedge Fund Activity
We have seen 128 institutional investors add shares of $CSTM stock to their portfolio, and 133 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JANUS HENDERSON GROUP PLC removed 4,200,863 shares (-65.2%) from their portfolio in Q1 2025, for an estimated $42,386,707
- MILLENNIUM MANAGEMENT LLC added 1,633,561 shares (+65.8%) to their portfolio in Q1 2025, for an estimated $16,482,630
- RUBRIC CAPITAL MANAGEMENT LP removed 1,523,832 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $15,649,754
- ENCOMPASS CAPITAL ADVISORS LLC added 1,519,220 shares (+82.6%) to their portfolio in Q1 2025, for an estimated $15,328,929
- VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. removed 1,207,402 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $12,400,018
- THRIVENT FINANCIAL FOR LUTHERANS removed 1,065,062 shares (-70.0%) from their portfolio in Q1 2025, for an estimated $10,746,475
- HIGHLAND PEAK CAPITAL, LLC removed 1,000,937 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $10,279,622
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
PARIS, May 28, 2025 (GLOBE NEWSWIRE) -- Constellium SE (NYSE: CSTM) is honored to welcome NASA representatives to its Ravenswood, West Virginia facility today to celebrate their collaboration on the Artemis program — NASA’s bold mission to return humans to the Moon and pave the way for crewed missions to Mars.
Constellium plays a vital role in the Artemis program through its contribution to NASA’s Space Launch System (SLS) rocket and Orion spacecraft, both of which rely on Constellium’s state-of-the-art Airware ® aluminum-lithium and advanced conventional alloy solutions. Developed and produced exclusively by Constellium, Airware ® combines low density with high-specific stiffness and strength, making it ideally suited for the extreme demands of spaceflight, from liftoff to reentry.
“Constellium is proud to support NASA’s mission of deep space exploration and human spaceflight,” said Philippe Hoffmann, President of Constellium’s Aerospace and Transportation business unit. “The Artemis program is a historic step for science, technology, and humanity, and we are honored that our Ravenswood facility and its highly skilled workforce are contributing materials and innovation that help make it possible.”
As part of the Artemis partnership, Constellium is not only enabling NASA’s deep space ambitions, but also helping to propel American leadership in advanced manufacturing, materials science, and engineering — and inspiring the next generation of explorers, scientists, and innovators.
With more than 1,100 employees, Constellium Ravenswood is one of the world’s largest aluminum rolled products facilities. The site boasts some of the world’s most advanced aluminum manufacturing capabilities, including powerful plate stretchers and one of the largest cold rolling mills. In addition to aerospace, the plant supports defense, transportation, marine, and industrial industries, delivering precision plate, sheet, coil, and pre-machined components to leading manufacturers such as Boeing, Bombardier, Lockheed Martin, and NASA.
About Constellium
Constellium (NYSE: CSTM) is a global sector leader that develops innovative, value-added aluminum products for a broad scope of markets and applications, including aerospace, packaging and automotive. Constellium generated $7.3 billion of revenue in 2024.
| Media Contacts | |
| Investor Relations | Communications |
| Jason Hershiser | Delphine Dahan-Kocher |
| Phone: +1 443 988 0600 | Phone: +1 443 420 7860 |
| [email protected] | [email protected] |
