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Arianespace completed its last veGA C flight in 2025, with Avio taking full responsibility for future launches.
Avio plans to introduce its Vega Next rocket in the 2030s, aiming to develop reusable launch technologies.
Avio secured €181 million in funding from the Italian government for its Space Transportation System programme.
Avio signed two launch service agreements with different clients for multiple satellite launches aboard a Vega C launcher.
Avio announced on 19 December that it had signed two launch contracts with undisclosed customers with a combined value of over €100 million.
The Taiwan Space Agency has awarded Avio a launch contract for its FORMOSAT-8C, FORMOSAT-8D, FORMOSAT-9A, and FORMOSAT-9B Earth observation satellites.
Avio has announced two new launch contracts for its Vega C rocket, totaling more than €100 million.
Avio's Vega C rocket could remain operational until 2031.
Avio's contracts strengthen Italy's position in the space race.
Avio has signed two contracts worth over 100 million euros for the Vega C launcher.
Giulio Ranzo is the CEO of Avio.
The signed contracts are the result of commercial activities conducted by Avio's new sales team under new responsibilities as a Vega C launch service provider.
Avio has signed two launch service agreements with two different clients, one European and one non-European, for the launch of multiple satellites aboard a Vega C launcher.
A recent 400 million euro capital increase by Avio supports the company’s investment in the U.S. production facilities.
Since founding Avio USA, Avio has signed contracts with the U.S. Armed Forces, Raytheon, and Lockheed Martin.
The Avio production plant project is valued at 425 million euros and is part of Avio’s defense business expansion.
Avio expects final approvals for the selected site and a subsequent announcement of the specific Virginia location to occur in early next year.
Avio expects the planned Virginia facility to have an area of approximately 80,000 square meters.
Avio founded its wholly owned U.S. subsidiary Avio USA in 2022 to exploit a market opportunity from limited production capacity of solid rocket motors and rising demand for tactical propulsion solutions.
Avio expects to establish a solid rocket motor production plant on U.S. soil to strengthen the United States industrial base by contributing decades of Avio engineering and manufacturing experience.