Avio

Avio S.p.A. Purchases Two Metal 3D Printers from Velo3D to Support the Development of its Propulsion Systems, Including a Sapphire XC 1MZ 3D Printer

Retrieved on: 
Wednesday, June 21, 2023
Software, Machine Tools, Metalworking & Metallurgy, Hardware, Electronic Design Automation, Technology, Other Manufacturing, Semiconductor, Engineering, Nanotechnology, Chemicals, Plastics, Other Technology, Aerospace, Manufacturing, STAR, Orbit, 3D, Private spaceflight, Sapphire, Avio, VLD, Corrosion, SpaceX, NYSE, 3D printing

Velo3D’s solution was selected for its ability to produce quality parts with optimized geometries for the highest performance, and the large build volume of the Sapphire XC 1MZ.

Key Points: 
  • Velo3D’s solution was selected for its ability to produce quality parts with optimized geometries for the highest performance, and the large build volume of the Sapphire XC 1MZ.
  • Both printers are calibrated to produce parts in nickel-based alloy that delivers strength and corrosion resistance at extreme temperatures.
  • Avio has been a leading innovator in the aerospace industry for more than 120 years.
  • The Sapphire XC 1MZ will help Avio further accelerate the development of its propulsion systems and contribute to the ongoing transformation of the space industry."

The Italian Embassy in Washington celebrates the Italian National Space Day

Retrieved on: 
Friday, December 16, 2022
Banca Intesa, Agency, CIRA, SpaceX, Investment, Commerce, United States Chamber of Commerce, Blue Origin, Altec, RME, Canon EOS 650D, Italian Space Agency, Diplomatic mission, National Space Council, International Space Station, San Marco programme, Research, Space, AWS, International Space Station programme, Virgin Galactic, Space Foundation, Virgin Orbit, George Washington University, Avio, NASA, Science, Astra (aerospace), ICE, Italian Aerospace Research Centre, Cassa Depositi e Prestiti, Telespazio, Thales Alenia Space, Intesa Sanpaolo, Tourism, Entrepreneurship, SAN, Firefly, General counsel, Axiom Space, Artemis, Piemonte Agency for Investments, Export and Tourism, Communications satellite, Renewable energy, Argotec, Boeing

WASHINGTON, Dec. 16, 2022 (GLOBE NEWSWIRE) -- The Italian Embassy in Washington, D.C., hosted the "Italian National Space Day" on Thursday 15 December.

Key Points: 
  • WASHINGTON, Dec. 16, 2022 (GLOBE NEWSWIRE) -- The Italian Embassy in Washington, D.C., hosted the "Italian National Space Day" on Thursday 15 December.
  • The event, organized in collaboration with ICE, Asi (Italian Space Agency) U.S. Space Foundation, U.S. Chamber of Commerce and George Washington University, saw the participation of the main Italian and US leaders in the space sector.
  • It can probably be said that there would be no International Space Station without Italian participation.
  • The Italian National Space Day was attended by representatives of many American companies, including Blue Origin, SpaceX, Axiom Space, AWS, Sierra Space, Boeing, Virgin Orbit, L3 Harris, Virgin Galactic, Firefly, NASA and Rocketjet Aerodyne.

Vega C Successfully Completed Its Maiden Flight

Retrieved on: 
Wednesday, July 13, 2022
Aerospace, Manufacturing, CNES, Vega (rocket), Country, Avio, Attention, Italian Space Agency, Ariane, ASI, Research, Ariane 6, ESA, Maiden flight, Innovation, Efficiency, Italian government debt, CubeSat, Communications satellite, Casino

The Vega C rocket has completed its inaugural flight, placing the main payload LARES-2 a scientific mission of the Italian Space Agency ASI into its planned orbit.

Key Points: 
  • The Vega C rocket has completed its inaugural flight, placing the main payload LARES-2 a scientific mission of the Italian Space Agency ASI into its planned orbit.
  • Vega C represents a dramatic capability boost compared to Vega, which has been flying since 2012.
  • Atop that is a new second stage, Zefiro-40, and then the same Zefiro-9 third stage as used on Vega.
  • The Maiden Flight of Vega C has been just completed, but in the coming days we will start to work to the next one, expected by year-end: the first of 7 flights already booked.

Successful Firing of the New M10 Engine for Vega-E

Retrieved on: 
Friday, May 6, 2022
Air, Technology, Satellite, Transport, Aerospace, Manufacturing, Oxygen, CEO, ALM, Avio, Vega (rocket), European Space Agency, M10, Technology, Vega, Perdasdefogu, LRE, ESA, Casino

The M10 represents, in all intents and purposes, a new-generation green engine, realised with extensive use of additive layer manufacturing (ALM) technologies.

Key Points: 
  • The M10 represents, in all intents and purposes, a new-generation green engine, realised with extensive use of additive layer manufacturing (ALM) technologies.
  • The M10 engine is part of the development of the Vega E launcher, a project coordinated by ESA (European Space Agency) aimed at qualifying the successor of Vega C starting from 2026.
  • With the new M10 engine, Avio is one of the few global players that possesses the innovative cryogenic methane engine technology for space applications.
  • Giulio Ranzo, Avio's CEO, said: "The successful test of the M10 engine represents a historic moment for our Company.

Aerospace & Defense Meetings Sevilla celebrates its tenth anniversary edition on June 7-9, 2022

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Wednesday, May 4, 2022
Thales Alenia Space, MRO, Original equipment manufacturer, Collins Aerospace, Spirit AeroSystems, BAE Systems, Leonardo, DM Sevilla, New England Festival of Ibero American Cinema, Platinum, Exhibition, MBDA, Gold, Aerolab LoCamp, DM, Tusaş Engine Industries, Program, Industry, Artificial intelligence, Airbus, Pratt & Whitney, Avio, Risk management, Turkish Aerospace Industries, Boeing, Bombardier, Main

After a digital parenthesis in 2021, which enabled the industry to meet online and gathered more than 250 companies and 500 participants coming from 20 countries, Aerospace & Defense Meetings Sevilla returns on-site on June 7-9, 2022.

Key Points: 
  • After a digital parenthesis in 2021, which enabled the industry to meet online and gathered more than 250 companies and 500 participants coming from 20 countries, Aerospace & Defense Meetings Sevilla returns on-site on June 7-9, 2022.
  • The only international matchmaking program for the aerospace and defense industries in Spain will be held again at the Sevilla City Office formerly FIBES , the exhibition and congress center of Sevilla, Spain.
  • Building on the strengths of last years event, 2022 celebrates A&DM Sevillas tenth anniversary.
  • Since its first edition in 2012, more than 38,000 one-to-one meetings have been organized and attended through A&DM Sevilla bespoke networking service.

Vega C Selected to Launch the European Sentinel 1C Satellite

Retrieved on: 
Thursday, April 7, 2022
Air, Technology, Satellite, Transport, Aerospace, Manufacturing, Sentinel, European Space Agency, Ariane, Orbit, Vega, European Commission, Research, Australian Space Agency, Spacecraft, Royal commission, Technology, Altitude, Environmental monitoring, Vega (rocket), Avio, Nicolaus Copernicus, Communications satellite

The new European launcher Vega C, developed by Avio, has been selected by the European Commission and the European Space Agency to launch, in the first half of 2023, the Sentinel 1C satellite for Earth observation through synthetic aperture radar technology.

Key Points: 
  • The new European launcher Vega C, developed by Avio, has been selected by the European Commission and the European Space Agency to launch, in the first half of 2023, the Sentinel 1C satellite for Earth observation through synthetic aperture radar technology.
  • The satellite, which will be positioned in a sun-synchronous orbit at an altitude of 690 kilometers, will be added to the already operational Sentinel 1A and 1B.
  • The satellite will have environmental monitoring and security applications.
  • Avio made an important contribution to the Copernicus program through the Vega launcher, which put the Sentinel 2A and 2B satellites into orbit.

Arianespace Signs a Contract With Amazon for 18 Ariane 6 Launches

Retrieved on: 
Tuesday, April 5, 2022
Internet, Aerospace, Manufacturing, Satellite, Technology, ESA, Amazon, European Space Agency, Ariane, Orbit, Vega, Research, Hospital, Australian Space Agency, School, Spacecraft, Vega (rocket), Avio, Internet, Communications satellite, Transport, Ariane 6, Arianespace, Kuiper

Arianespace has signed a contract with Amazon for 18 launches of the Ariane 6 launcher to put the Kuiper constellation of satellites for broadband internet into orbit.

Key Points: 
  • Arianespace has signed a contract with Amazon for 18 launches of the Ariane 6 launcher to put the Kuiper constellation of satellites for broadband internet into orbit.
  • This is the largest agreement so far signed by the consortium that markets European launches.
  • Homes, schools, hospitals, businesses, governments and institutions that do not have access to connectivity will soon have it through the Kuiper project.
  • In particular, for 16 of the 18 Kuiper launches, the rocket will be equipped with an enhanced version of the P120C, called the P120C+.

Avio: FY 2021 Results

Retrieved on: 
Monday, March 14, 2022
Aerospace, Manufacturing, VV18, Ariane 6, Vega (rocket), National Recovery Administration, Ariane, Â, M10, Australian Space Agency, European Space Agency, COVID-19, Italian government debt, James Webb Space Telescope, Guidance, Methane, Board, ESA, Acceleration, CEO, NASA, Board of directors, Communications satellite, Risk management, Avio, Arianespace

During 2021 also 3 successful Ariane 5 missions have been performed, including the December 2021 James Webb Space Telescope for NASA.

Key Points: 
  • During 2021 also 3 successful Ariane 5 missions have been performed, including the December 2021 James Webb Space Telescope for NASA.
  • Thanks to the resumed Vega launch activities, between the end of 2021 and the beginning of 2022, Arianespace has also signed several launch contracts for both Vega and Vega C the Italian Space Agency, the French Space Agency and the European Space Agency.
  • During 2021, the Italian Government has approved several projects in the space sector for the National Recovery and Resilience Plan (PNRR), some of which specifically aiming at the evolution of propulsion technologies and launcher products.
  • On the basis of the FY 2021 results, the Board of Director has proposed to the Shareholders Meeting to distribute a dividend of 4.5 M (Euro 0.178 per share).

Avio starts the share buyback program

Retrieved on: 
Thursday, February 3, 2022
Aerospace, Manufacturing, Other Manufacturing, Other Technology, Technology, Shareholder Meeting, Associate, MTA, Board, Program, Italian Bourse, Employment, Share repurchase, T.U.F, Shareholder, Italian civil code, Management, Security (finance), Avio

Today, the Board of Directors of Avio, following the decision taken by the Shareholders Meeting of the 29th April 2021, has decided to start the share buyback program.

Key Points: 
  • Today, the Board of Directors of Avio, following the decision taken by the Shareholders Meeting of the 29th April 2021, has decided to start the share buyback program.
  • The program authorized by the Shareholders Meeting targets a maximum amount corresponding to 10% of share capital, equal to 9.1 million.
  • As of today, Avio owns 671,233 own shares, 2.55% of the total shares.
  • With this program, alongside the previous one, the maximum limit of 20% of the total share capital foreseen by the Italian Civil Code is reached.

New Launch Service and Development Activities Contracts for Vega C

Retrieved on: 
Friday, January 21, 2022
Aerospace, Satellite, Manufacturing, Environment, Air, Other Science, Transport, Research, Other Technology, Telecommunications, Software, Networks, Data Management, Science, Technology, Agriculture, Natural Resources, Other Manufacturing, Engineering, European Space Agency, ESA, Food security, Italian Space Agency, Carbon, Ariane 6, Flex, Arianespace, Small satellite, CEO, Absorption, Vega, CNES, Vega (rocket), Australian Space Agency, Ozone, Program, Platino, CO2, Agriculture, NESS, Contract, Communications satellite, ALTIUS, Ariane, Avio

In addition, the Microcarb and NESS launch service contracts were signed with CNES, the French Space Agency, and ESA.

Key Points: 
  • In addition, the Microcarb and NESS launch service contracts were signed with CNES, the French Space Agency, and ESA.
  • Finally, the launch service contracts for the Flex and Altius satellites were signed with the European Space Agency for a launch by 2025.
  • In addition, Avio signed with ESA in December 2021 a new development contract for Vega C for a total value of about 50 Euro million.
  • Such program will enable further Vega C technological optimizations and industrial streamlining, to improve cost-competitiveness.