Avio S.p.A. is an Italian aerospace company specializing in space propulsion and launch systems. As the prime contractor for the Vega rocket family, including Vega and Vega C, Avio provides launch services for institutional, governmental, and commercial payloads. They are also a subcontractor for the Ariane program, supplying components like boosters and stage separation motors and partners with organizations like the European Space Agency (ESA). Associated keywords include: space launchers, solid-propellant motors, liquid propulsion, Vega, Vega C, Ariane, ESA.
All verified mentions of this organization in source documents.
Avio and the European Space Agency (ESA) signed a €40 million contract to develop advanced technologies for the flight demonstration of a reusable upper stage.
ESA’s Chief Technical Advisor for Space Transportation, Giorgio Tumino, mentioned that the activities resulted from joint harmonization work with Avio to maximize technology return on investments.
The contract was signed by ESA’s Director of Space Transportation Toni Tolker-Nielsen and Avio’s Chief Commercial Officer Marino Fragnito.
Avio's designs will support higher flight rates and competitive costs for their customers.
Giulio Ranzo, CEO of Avio, stated the goal is to create an advanced, lightweight, performance-efficient reusable upper stage solution.
Avio aims to create an advanced, lightweight, performance-efficient reusable upper stage for next-generation launchers.
The European Space Agency and Avio signed a contract for 24 months of development activities for an in-flight demonstration of a reusable upper stage.
The European Space Agency and Avio signed a contract for 24 months of development activities for a reusable upper stage.
Avio will utilize its expertise with methalox liquid propulsion systems for the project, likely indicating the use of MR10 rocket engines.
Avio will complete the demonstrator mission’s system requirements and technological solutions over the next 24 months.
Avio is the prime contractor for the service module of the Space Rider programme, which is based on a Vega C upper stage.
On 29 September, ESA announced the awarding of a €40 million contract to Avio for Phase 2.
Avio stated it would utilize knowledge acquired through the Space Rider re-entry vehicle programme.
The European Space Agency (ESA) and Avio Group signed a contract for a 24-month development project.
The European Space Agency awarded a €40 million contract to Italian rocket builder Avio to design a reusable rocket stage demonstrator.
Avio secured the launch contract on 18 September through an open international competition.
Avio's stock reached an all-time high of €49.15 per share before settling below that level by the close of trading.
Avio CEO Giulio Ranzo stated that the addition to the Vega C manifest reaffirms the vehicle's versatility and competitiveness in the global launch market.
Avio's stock climbed 7.09% on 19 September following the announcement of the launch contract.
Avio signed a launch services agreement with US-based launch aggregator SpaceLaunch for a Vega C launch carrying an Earth observation satellite in 2027.