Press Release

Vega VV15

Approximately two minutes after the Vega launcher’s liftoff, shortly after ignition of the second stage (Zefiro 23), a launcher anomaly occurred – leading to the premature end of the mission. Data analyses are in progress to clarify the reasons for this failure.  An independent inquiry commission...

Q1 2019 HIGHLIGHTS

GROWTH OF REVENUES, EBITDA AND EBIT STABLE FINANCIAL POSITION Revenues: Euro 82.6 million (+10% on Q1 2018) EBITDA Reported: Euro 7.0 million (+15% on Q1 2018) EBIT Reported: Euro 3.1 million (+11% on Q1 2018) Net Financial Position: Euro 48.7 million, in line with 31...

NEW SUCCESS FOR VEGA: 14th LAUNCH, AN ALL-ITALIAN MISSION

Colleferro, 22 Marzo 2019 - Italy is behind tonight’s 14th successful VEGA space launcher mission, built by Avio. At about 3AM tonight, the rocket produced in Colleferro, near Rome, took off from the space base in French Guiana, bringing into orbit the PRISMA satellite, owned...

2018 RESULTS

REVENUE, NET PROFIT AND CASH GROWTH CONTINUES Revenues: Euro 388.7 million (+13% on 2017[1]) Reported EBITDA: Euro 42.6 million (+8% on 20171) Reported EBIT: Euro 28.5 million (+14% on 20171) Net Profit: Euro 25.8 million (+18% on 20171) Backlog: Euro 877 million (-8% on December...

SUCCESSFUL QUALIFICATION TEST FOR THE P120C SOLID ROCKET MOTOR

The carbon fiber motor, produced in Italy by Avio, will be used for the new European launchers Ariane 6 and Vega C Kourou - French Guyana, January 28, 2019. The qualification test of the P120C solid rocket motor has successfully taken place at the European Space...

Avio: Financing from EIB

CONTRACT SIGNED FOR THE FINANCING OF ADDITIONAL EURO 10 MILLION WITH THE EUROPEAN INVESTMENT BANK (EIB) Rome, 16 January 2019 – Avio S.p.A., Italian company leader in the space propulsion sector, informs that today it has signed the contract for the financing of additional Euro 10...

VEGA, 13TH success in-a-row-!

Colleferro 21 November 2018 - Vega, with its 13th mission from Kourou’s spaceport in French Guyana, has successfully placed in orbit Morocco’s Mohammed VI – B Earth Observation satellite, built by Thales Alenia Space and Airbus. Vega, the European launcher designed, developed and built by Avio...

Successfully tested the M10-methane engine prototype

Colleferro 13 November 2018 - Today in Colleferro Avio successfully tested the prototype of the new M10 liquid oxygen-methane engine, developed by Avio in partnership with the European Space Agency within the Vega E (Vega Evolution) program. The prototype is a scaled model of the...

9M 2018 HIGHLIGHTS

STRONG REVENUES, EBITDA AND EBIT GROWTH CONTINUES Net Revenues: Euro 261.5 million (+15% on the corresponding first nine months of 2017) Reported EBITDA[1]: Euro 22.5 million (+27% on the corresponding first nine months of 2017) Reported EBIT1: Euro 12.3 million (+75% on the corresponding first...

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