Business and Financial Review • Nov 29, 2022
Business and Financial Review
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| Informazione Regolamentata n. 1771-61-2022 |
Data/Ora Ricezione 29 Novembre 2022 17:50:43 |
Euronext Star Milan | |
|---|---|---|---|
| Societa' | : | Avio Spa | |
| Identificativo Informazione Regolamentata |
: | 169936 | |
| Nome utilizzatore | : | AVION04 - Agosti | |
| Tipologia | : | REGEM | |
| Data/Ora Ricezione | : | 29 Novembre 2022 17:50:43 | |
| Data/Ora Inizio Diffusione presunta |
: | 29 Novembre 2022 17:50:44 | |
| Oggetto | : | LAUNCH CONTRACT FOR 5 COPERNICUS MISSIONS ON VEGA C |
|
| Testo del comunicato |
Vedi allegato.
Rome, 29 November 2022 – Avio announces the signature of a contract by Arianespace with the European Commission for five Vega C launches for the Copernicus earth observation constellation satellites, to be executed between 2024 to 2026.
The satellites will be used, among other things, to accurately monitor land surface and ocean temperatures, air quality, and to improve the estimation of global emissions of carbon dioxide and other pollutants in order to support the achievement of the global decarbonization and emissions reduction goals.
Thanks to this contract, the Vega C launch backlog reaches 13 flights, plus 2 Vega launches, for a total of 15 flights, demonstrating Europe's autonomous access to space capability. Thanks to its high performance and flexibility at a low cost, Vega C represents the most convenient and versatile solution to launch of Earth Observation satellites in Low Earth Orbit.
For the European Union's Copernicus constellation, Vega had already launched the Sentinel 2-A satellite into orbit in June 2015 and Sentinel 2-B in March 2017.
"While we are working in Kourou to prepare for the second launch of Vega C scheduled for the 20 th of December, this additional key contract significantly extends the backlog of Vega C, the sole European space launcher qualified for institutional missions of the European Union's Copernicus constellation" - said Giulio Ranzo, CEO of Avio.
"We would like to thank our commercial and institutional partners and the entire Avio and Arianespace teams for their great teamwork to ensure Europe's autonomous access to space," Ranzo concluded.
Avio is a leading international group engaged in the construction and development of space launchers and solid and liquid propulsion systems for space travel. The experience and know-how built up over more than 50 years puts Avio at the cutting-edge of the space launcher sector, solid, liquid and cryogenic propulsion and tactical propulsion. Avio operates in Italy, France and French Guyana with 5 facilities, employing approx. 1,200 highly-qualified personnel, of which approx. 30% involved in research and development. Avio is a prime contractor for the Vega programme and a sub-contractor for the Ariane programme, both financed by the European Space Agency ("ESA"), placing Italy among the limited number of countries capable of producing a complete spacecraft.
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