# Park Aerospace signs EUR 4.59M advance agreement with ArianeGroup

Park Aerospace signed a new agreement to advance EUR 4.59 million to ArianeGroup for manufacturing capacity expansion, with $1.5 million already paid in the first installment.

- Type: Contract
- Announced: 2025-05-15
- Where: France
- Value: $5.00M (4.59M EUR)
- Status: announced
- Products: manufacturing capacity
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [ArianeGroup](https://endata.com/companies/3850.md) (supplier)
- [Park Aerospace Corp.](https://endata.com/companies/41421.md) (customer)

## Sources

- [fool.com](https://www.fool.com/earnings/call-transcripts/2025/05/20/park-aerospace-pke-q4-2025-earnings-transcript/), 2025-05-20: "A new agreement was signed to advance 4.59 million euros to Ariane for manufacturing capacity expansion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.