COLLEFERRO, ITALY / ACCESSWIRE / July 25, 2024 / AVIO S.p.A. and U.S. Army Combat Capabilities Development Command Aviation & Missile Center partner for the development and fast-prototyping of a solid rocket motor for surface-to-air applications. The project leverages on both parties' expertise to qualify the propulsion system in a design-to-manufacturing approach, offering the possibility for a future rapid transition to production.

Giulio Ranzo, CEO of Avio, commented: "We are honored to start this important defense partnership with US Army and are fully committed to support them to meet their challenging objectives."

About Avio

Avio is a leading international group engaged in the construction and development of space launchers and solid, liquid and cryogenic propulsion systems. The experience and knowhow built up over more than 50 years puts Avio at the cutting edge of the space launcher sector and defence program. Avio operates in Italy, France and France Guyana with 5 facilities, employing approx. 1,400 highly qualified personnel, of which approx. 30% are involved in research and development. Avio is a prime contractor for the Vega programme and a subcontractor 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.

Contact Information

Alessandro Agosti
Investor Relations
[email protected]

Nevio Quattrin
Investor Relations
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Francesco De Lorenzo
Media Relations
[email protected]

SOURCE: AVIO

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