Advancements in the launch industry and satellite technology are expected to spur growth in space-based services, according to a recent Deloitte report on aerospace and defense industry trends. Industry players are expected to use advancements in digital technology to streamline, design, adapt, and maintain their products.
Similarly, advanced air mobility is entering the mainstream with the help of traditional aerospace companies and private equity investors. With organizations testing and piloting new products, prototype deployments are expected to ramp up in 2022. Experts say competition will be fierce and recommend companies in this space immediately start developing a sound operational strategy.
At the same time, air travel has come roaring back, almost too fast for aerospace companies to ramp back up in terms of staffing and technology. Experts believe demand for small- and medium-sized aircraft will continue to bounce back to pre-pandemic levels in 2022 as aircraft manufacturers reap the rewards. Meanwhile, space travel companies are expanding their offerings as trips to space become a hot ticket.
Components made from aluminum extrusions that are lightweight, strong, and corrosion-resistant make the most sense for aerospace applications that are fueling industry growth.
In fact, Minalex has manufactured aluminum parts and products for SpaceX, a world leader in the design and manufacturing of rockets and spacecraft. Minalex also uses a highly efficient manufacturing process and offers several value-added services, which support the goal of SpaceX to make space travel more affordable.
The needs of the aerospace industry are evolving. Capabilities are expanding. Travel to space is likely to become a relatively common occurrence in the not-too-distant future. As a result, the need for innovative solutions and custom prototypes is on the rise.
If you want to create and maintain a competitive edge in the aerospace sector, you need a strong team of manufacturing partners. Contact us to find out Minalex can provide custom aerospace aluminum extrusions to support your growth initiatives.