Avio discloses launch service contracts for Vega C launcher, shares rise


FILE PHOTO: A flag with a company logo is seen during satellite launch company Arianespace annual news conference in Paris, France, January 9, 2018. REUTERS/Christian Hartmann

(Reuters) - Italy's aerospace group Avio said on Thursday that French launch services company Arianespace had signed new launch contracts for the Vega C launcher vehicle, pushing the Italian firm shares up more than 4%.

The deals include a contract with the Italian Space Agency for the launch of two lightweight advanced satellite platforms between 2022 and 2024, as well as launch service contracts with the European Space Agency (ESA) for the launch of Flex and Altius satellites by 2025.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

This exoskeleton can boost your physical capabilities
This AI-focused chip is powered by light
Study warns users about health information on TikTok
Apple renews talks with OpenAI for iPhone generative AI features, Bloomberg News reports
Google plans $3 billion data center investment in Indiana, Virginia
X tells Brazil court 'operational faults' allowed blocked users to remain active
TikTok general counsel to step down, will focus on fighting US law
Google asks court to throw out US advertising case
Apollo, KKR and Stonepeak to invest in JV to fund Intel's Ireland facility, Bloomberg reports
Televisa to merge its satellite TV, cable units 'as soon as possible'

Others Also Read