AVIO GUIDANCE FOR 2019 CONFIRMED
36% growth of ESA 2020-22 total budget (on 2017-19); 38% growth for contribution to launchers
65% growth of total Italian contribution (on 2017-19)
€ 400+ Mln in the next years for Avio’s programs, including Vega C, Vega E,...
TIBA-1 E INMARSAT GX5 satellites orbited.
The fourth 2019 flight of the Ariane 5 launcher took place successfully during the night from the Guyana Space Center (CSG) spaceport. The European launcher correctly placed telecommunication satellites TIBA-1 and INMARSAT GX5 into geostationary orbit.
Ariane 5 leverages the thrust...
• Net Revenues: Euro 270.3 million (+3% on the corresponding first nine months of 2018)
• Reported EBITDA: Euro 23.5 million (+5% on the corresponding first nine months of 2018)
• Reported EBIT: Euro 11.7 million (-4% on the corresponding first nine months of 2018)
• Net Cash...
Today Arianespace and the European Space Agency have announced the closing of the contract to launch the Biomass earth observation satellite with Vega.
The Earth Explorer Biomass mission will provide global maps of the amount of carbon stored in forests worldwide, mainly through the analysis of...
The United Nations Office for Outer Space Affairs (UNOOSA) and Avio S.p.A. (Avio) join forces at the 74th UN General Assembly to announce an agreement to cooperate on providing institutions from UN Member States, in particular developing countries, with the opportunity to apply to use,...
“Our growth trend continued in the first half of 2019, building on the Group’s 2018 results - stated
Giulio Ranzo, Chief Executive Officer of Avio”.
“In the first half of the year - added Ranzo – we have successfully completed the qualification tests of the new P120C...
Avio S.p.A. announces that the Independent Inquiry Commission established on the 11th of July 2019 with the target of identifying the likely causes of the Vega launcher flight VV15 failure and to indicate an operating plan to resume flight activities, has published the results of...
Intelsat 39 and EDRS-C satellites orbited.
The third 2019 flight (105th mission overall) of the Ariane 5 launcher took place successfully during the night of the 6th of August from the Guyana Space Center (CSG) spaceport. The European launcher correctly orbited the Intelsat 39 and EDRS-C...
The Board of Directors decided to assign the mandate to start the share buyback program to an independent financial intermediary, in agreement with the decision taken by the shareholders’ meeting held on the 29 of April 2019.
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Concerning the Vega Flight VV15, Giulio Ranzo, CEO of Avio, has addressed employees, institutional stakeholders and investors....