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Velo3D , Inc. ( NYSE: VLD ), a top metal additive manufacturing technology company for mission-critical parts, today announced that Avio S.p.A. , a leading aerospace company listed on the STAR segment of the Italian Stock Exchange, has purchased a Sapphire XC 1MZ printer and an original Sapphire printer to support the development and production of its propulsion systems and accelerate the advancement of the space industry. Velo3D’s solution was selected for its ability to produce quality parts...

Velo3D , Inc. ( NYSE: VLD , société spécialisée dans la technologie de fabrication additive métal pour les pièces critiques, a annoncé aujourd'hui qu' Avio , l'un des leaders de l'aéronautique coté sur le segment STAR de la Bourse italienne, a acheté une imprimante Sapphire XC 1MZ et une imprimante Sapphire pour le développement et la production de ses systèmes de propulsion et accélérer l’essor de l'industrie spatiale. La solution de Velo3D a été sélectionnée pour sa...

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. Six additional research CubeSats from France, Italy and Slovenia flew as secondary payloads. The launch caps a multi-year effort by ESA, the prime contractor Avio and industrial partners in 13 ESA member states to build on the heritage of its predecessor, Vega. Vega C represents a dramatic capability boost compared to Vega,...

The new M10 oxygen/methane engine for Vega E was successfully tested yesterday at Avio's new Space Propulsion Test Facility (SPTF) at the Salto di Quirra range in Sardinia. The engine developed by Avio, with a thrust class of 10 tons, is the first of its kind to be successfully tested in Europe. 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...

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....

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. Amazon's project aims to connect the disconnected by providing high-speed, low-latency broadband to unserved and underserved communities around the world at affordable prices. Homes, schools, hospitals, businesses, governments and...

In relation to recent articles appeared on the press concerning the potential impacts of the on-going Ukrainian conflict on the operations of the Vega launcher, Avio confirms that at present no specific impacts on Vega and Vega C continuity of operations are foreseen in the medium term. In particular, the procurement process of the 4th stage engine of Vega and Vega C, manufactured in Ukraine, started several years ago to cover the deliveries for the launches expected up to 2026. Since the...

During 2021 Vega performed 3 successful missions (VV18, VV19 and VV20) in around 6 months, re-establishing a track record in line with the top market performers , and bringing into orbit 2 satellites for the Pléiades Neo constellation of Airbus Defense & Space, the 3 sats Céres constellation, plus further smallsats that have flown in rideshare configuration. During 2021 also 3 successful Ariane 5 missions have been performed, including the December 2021 James Webb Space Telescope for NASA....

Today, the Board of Directors of Avio, following the decision taken by the Shareholders Meeting of the 29 th 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. The program approved authorizes the start of the buyback for a maximum total amount of €9.1 million, until the...

At the end of an intense 2021 with 3 successful Ariane and 3 successful Vega missions in about 6 months, Avio announces the signature by Arianespace of several new launch service contracts for Vega C. In particular, a contract was signed with the Italian Space Agency for the launch of Platino 1 and Platino 2 satellites between 2022 and 2024. Platino is a lightweight advanced satellite platform entirely developed and manufactured in Italy. In addition, the Microcarb and NESS launch service...

The mission that departed today from the Kourou spaceport in French Guiana marked a new success for the Vega launcher with the VV20 flight . The European launcher, designed, developed and manufactured by Avio , has perfectly placed into orbit the French CERES satellites, built by Airbus Defence and Space for CNES and the French Ministry of Defence. The three CERES satellites will fly in formation and will be used for electronic intelligence to map communication centres and radars. This last...

Today’s mission from Kourou’s spaceport in French Guiana marked a successful mission for Vega’s flight VV18. The European launcher, designed, developed and built by Avio , has perfectly placed in orbit the new generation French satellite Pléiades 3 Neo on behalf of Airbus D&S along with 5 secondary payloads embarked on a modified version of the SSMS payload adapter successfully launched with the VV16 mission in September 2020. The European small lift rocket confirms its ability to...

Magellan Aerospace Corporation (“Magellan”) announced today the signing of a five year renewal agreement with Avio Aero, a GE Aviation Company (“GE”), for the supply of magnesium and aluminum castings. The castings will be produced primarily at Magellan’s Haley, Ontario facility, with several also being produced at its Glendale, Arizona facility. Ms. Margherita Bertinotti, Sourcing Leader Avio Aero said, “This contract represents a significant milestone for the two companies,...

AVIO and Thales Alenia Space (Thales 67%, Leonardo 33%) as co-contractor, signed a contract with the European Space Agency (ESA) for the development of the automated reusable Space Rider transportation system, designed for deployment by the new Vega C light launcher into low Earth orbit (LEO). The total worth of the contract is 167M€. Space Rider is Europe’s solution for its own affordable and reusable end-to-end integrated space transportation system for unmanned missions and for routine...

Avio has managed to keep continuity of operations during the lockdown through a specific Government authorization related to the strategic relevance of Avio business activities. In the middle of August the third launch of Ariane 5 took place. The VV16 Vega flight successfully took place on the 3 rd of September, lifting to orbit 53 satellites of different sizes by 21 customers from 13 countries thanks to SSMS, Avio’s innovative dispenser. For the remaining part of the year another Vega and...

AVIO Consulting, a software consulting firm that specializes in accelerating digital evolution in large enterprises, recently received an investment from Salesforce Ventures and their Consultant Trailblazer Fund. The fund provides the next generation of cloud consulting companies and digital agencies with the capital required to build and scale their Salesforce services capabilities for the future. Dallas, Texas--(Newsfile Corp. - June 24, 2020) - "We are thrilled to be recognized as a valued...

The Board of Directors of Avio S.p.A. today reviewed and approved the Q1 2020 results. Avio, a leading aerospace company listed on the STAR segment of the Italian Stock Exchange, reports revenues of Euro 80 million for the first quarter of 2020 , down 3.2% on the same period of the previous year. Reported EBITDA of Euro 7.2 million grew 3.9% on Q1 2019 , benefitting from fixed costs effective control but already incorporating the effect from the donations after the COVID-19 outbreak (Euro 0.5...

The Board of Directors of Avio, a leading rocket engine manufacturing enterprise listed on the STAR segment of the Italian Stock Exchange, today reviewed and approved the financial statements of Avio at December 31, 2019. Avio is the Prime Contractor of the European light satellite launcher Vega and supplier of the heavy launcher Ariane. “2019 has further consolidated the profit and cash growth seen over recent years despite the difficulties resulting from the failure of a Vega flight last...

ESA Ministerial Council Broadens European Space Launchers Prospects - Avio Guidance for 2019 Confirmed PR Newswire ROME, Dec. 9, 2019 - 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, and Space Rider programs - Avio 2019 Guidance confirmed ROME , Dec. 9, 2019 /PRNewswire/ -- The ESA 2019 Ministerial Council, held in...

Avio's 9M 2019 Highlights: Revenue and EBITDA Growth Continues, Stable Net Cash Position PR Newswire ROME, Nov. 12, 2019 - 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 Position: cash position of Euro 49.3 million ( +0.2 Euro million with respect to December 31, 2018 )...