TPIC TPI Composites Inc.

Bio-Inspired Lightweight EV Underbody Protection to Serve High Volume Commercial and Automotive Market Designed and Developed by TPI Composites and Helicoid Industries

Bio-Inspired Lightweight EV Underbody Protection to Serve High Volume Commercial and Automotive Market Designed and Developed by TPI Composites and Helicoid Industries

SCOTTSDALE, Ariz., April 24, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (Nasdaq: TPIC) and Helicoid Industries Inc. collaborated to design a bio-inspired lightweight EV underbody protection panel using Helicoid™ technology. The solution leverages digital engineering, unconventional layup scenarios, biomimicry, advanced multiaxial intelligent weaving, and automated manufacturing to deliver a durable, low-cost, highly engineered automotive part for the commercial and consumer automotive markets.

This underbody protection panel will provide an alternative solution to current aluminum designs to protect high voltage battery packs from road debris. Combining the strength of both companies, this solution offers a low-cost product that is lower in weight, higher in load bearing capability and more resilient in impacts and crash scenarios compared to aluminum designs.

Developed in a manufacturing cell at TPI’s Automotive Technology Center in Warren, Rhode Island using the latest in automated ply cutting and robotic pick and place technologies, the process is a seamless and cost-effective implementation of Helicoid™ architectures. A multiaxial non-crimp fabric technology is used to strategically compose the full Helicoid™ stack in sub-units. The stack layers are then robotically dosed and automatically placed and retrieved from a 2500T press, resulting in high performance precision parts.

“TPI Automotive offers full-service development and production solutions for OEM next generation vehicles with efficient designs, superior performance, and outstanding quality. We offer industrialization expertise for engineered solutions that are quick to market, and low investment for our customers’ demanding technical and commercial battery enclosure and structural applications. We are excited to work with Helicoid to provide this innovative solution,” noted Jerry Lavine, President, TPI Automotive.

About TPI Composites, Inc.

TPI Composites, Inc. is a global company focused on innovative and sustainable solutions to decarbonize and electrify the world. TPI delivers high-quality, cost-effective composite solutions through long-term relationships with leading OEMs in the wind and automotive markets. TPI is headquartered in Scottsdale, Arizona and operates factories in the U.S., Mexico, Türkiye and India. TPI operates additional engineering development centers in Denmark and Germany and global service training centers in the U.S. and Spain.

About Helicoid Industries Inc.

Helicoid Industries Inc. is a California based company with a family of patents related to the helicoid architecture for composites. The helicoid results in lighter, stronger, tougher, more durable, and overall lower cost composites. Our technology has been proven utilizing all major fibers, resins, and manufacturing processes.

TPI Investor Relations

480-315-8742



EN
24/04/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on TPI Composites Inc.

 PRESS RELEASE

TPI Composites, Inc. Advances Chapter 11 Process with Court Approval o...

TPI Composites, Inc. Advances Chapter 11 Process with Court Approval of First-Day Motions Secures Access to Liquidity and Financial Flexibility Operations Continue Uninterrupted for Employees, Customers, and Supply Partners Company Focused on Executing Strategic Initiatives for Long-Term Stability SCOTTSDALE, Ariz., Aug. 13, 2025 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (NASDAQ: TPIC) together with its domestic subsidiaries (collectively, “TPI” or the “Company”) announced today that the U.S. Bankruptcy Court for the Southern District of Texas (the “Bankruptcy Court”) approved all first...

 PRESS RELEASE

TPI Composites, Inc. Initiates Voluntary Chapter 11 Proceedings to Fac...

TPI Composites, Inc. Initiates Voluntary Chapter 11 Proceedings to Facilitate Restructuring to Position Company for Long-Term Success Reaches Agreement with Senior Secured Lenders for Use of Cash Collateral and Up to $82.5 Million in Debtor-in-Possession Financing, Subject to Final Documentation and Court Approval DIP Financing to Facilitate Path to Comprehensive Restructuring and Support Continued Operations Company Will Continue Operations in Normal Course SCOTTSDALE, Ariz., Aug. 11, 2025 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (NASDAQ: TPIC) announced today that it, together...

 PRESS RELEASE

TPI Composites to Sponsor World KidWind Challenge Wind Tunnel at ACP C...

TPI Composites to Sponsor World KidWind Challenge Wind Tunnel at ACP CLEANPOWER 2025 SCOTTSDALE, Ariz., May 19, 2025 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (NASDAQ: TPIC), today announced its sponsorship of the wind tunnel competition at the World KidWind Challenge, to be held at the American Clean Power Association’s (ACP) CLEANPOWER Conference in Phoenix, Arizona, May 18-21, 2025. The World KidWind Challenge is a hands-on design challenge that engages students in learning about wind energy through the process of designing, building, and testing small-scale wind turbines. As the win...

 PRESS RELEASE

TPI Composites, Inc. Announces First Quarter 2025 Earnings Results – O...

TPI Composites, Inc. Announces First Quarter 2025 Earnings Results – Operational Execution and Strategic Initiatives Drive Improved Financial Results; Initiation of Strategic Review SCOTTSDALE, Ariz., May 12, 2025 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC), today reported financial results for the first quarter ended March 31, 2025. TPI further announced that its Board of Directors has initiated a strategic review of the business. ”In the first quarter, TPI achieved 14% year-over-year growth in sales and drove positive cash flows from operating activities despite a challengi...

 PRESS RELEASE

TPI Composites, Inc. Announces Date Change for its First Quarter 2025 ...

TPI Composites, Inc. Announces Date Change for its First Quarter 2025 Earnings Release Date and Conference Call SCOTTSDALE, Ariz., May 05, 2025 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (“TPI”) (Nasdaq: TPIC) today announced that the company has rescheduled the date of its first quarter 2025 results. The Company will now issue their earnings results after the market close on Monday, May 12, 2025, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day. The conference call can be accessed live over the phone by dialing 1-877-407-8291, or for international callers, 1...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch