Velocity Composites plc announced that it has received approval from Boeing to supply structural composite material kits for Boeing's single isle narrow body jet platform (the "Boeing Approval Certificate"). This approved status follows 18 months of preparation, planning and audit, involving the Company, Boeing and the Tier 1 advanced aerostructure manufacturer through whom the Boeing contract is managed (the "Customer"). The receipt of Boeing's approval will form a key element in the Company's future growth strategy. The Company announced on 1 June 2018 that it had entered into a Long Term Agreement to supply complex design kits for the Boeing 737 Max programme. Following receipt of the Boeing Approval Certificate, the Company announced that the Long Term Agreement has now been expanded to include the supply of structural composite material kits for Boeing's single aisle narrow body jet platform, the 737 Max (the "Agreement").