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......
Lyra The program, funded by the Italian Space Agency, has allowed AVIO to study the potential evolution of the VEGA launcher to reach a 30% increase in satellite loads up to 3,000 kg in LEO of 700 km. The goal of the program was to increase the performance of the VEGA launcher by replacing the third stage and the AVUM stadium with an innovative liquid propellant LOX / CH4 system.
This new engine, called MIRA, is designed for a thrust of about 10 tons, using an expanded cycle. During the Lyra program, it was produced and tested a full-scale demonstration of this new cryogenic propulsion system.
Lyra under the program have been developed and tested innovative GNC algorithms.
The experience and the results obtained with the demonstration motor form a reliable technical basis to start development activities related to the LM10 MIRA-flight engine.