CALVERTON, N.Y. May 25, 2016 – Luminati Aerospace LLC announced today that it has signed a supply agreement with Hexcel Corporation – a global leader in developing advanced composites – that will improve the company’s access to innovative materials and technical support and further advance research and technology in the aerospace market.

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With the agreement, Hexcel becomes the company’s sole supplier of composite materials and its material development partner to pursue advanced aerospace materials and systems that target high performance and multi-functional capabilities in future high altitude long-endurance airplane designs.

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Daniel Preston, Luminati CEO and CTO, said, “We’re looking forward to working with Hexcel to serve the aerospace market with high-performance, innovative solutions. Together we will expand applied research for new materials and system solutions for next-generation aircraft.”

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Hexcel Chairman, CEO and President Nick Stanage said, “We are excited to supply and collaborate with Luminati for leading-edge materials and out-of-the-box thinking around advanced materials that may enable future innovations in aerospace.”

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About Luminati

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Founded in 2015, Luminati is an aerospace technology company focusing on research, development, testing, and manufacturing of next generation solar-electric unmanned aerial vehicles, or UAVs, at its facility located at the historic Calverton (EPCAL) airbase in Riverhead, New York. Luminati intends to be first to market with a stratospheric unmanned electric plane for communications.

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About Hexcel

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Hexcel Corporation is a leading advanced composites company. It develops, manufactures and markets lightweight, high-performance structural materials, including carbon fibers, reinforcements, prepregs, honeycomb, matrix systems, adhesives and composite structures, used in commercial aerospace, space and defense and industrial applications such as wind turbine blades.