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

20/1/2022 12:28:00 PM

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

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

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 4per cent. The deals include a contract with the Italian Space Agency for the launch of two lightwe

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 4per cent.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.

Rome-based Avio, which is the prime contractor for European launcher Vega, added it had also signed a development contract worth about 50 million euros ($56.79 million) with ESA.The Vega C maiden flight is expected in May 2022, Avio added in the statement.

Read more: CNA »

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LinkedIn 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 4per cent.LinkedIn SHANGHAI : Asian share markets broke a five-day slide to edge higher on Thursday, shrugging off drops in Europe and on Wall Street overnight as China underscored its diverging monetary and economic picture by cutting benchmark mortgage rates.Copy to clipboard https://str.LinkedIn SHANGHAI : The Shanghai Stock Exchange (SSE) said on Thursday it has asked companies listed on the Nasdaq-style STAR Market to disclose environmental, social and governance (ESG)-related information in their annual reports.

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. Rome-based Avio, which is the prime contractor for European launcher Vega, added it had also signed a development contract worth about 50 million euros ($56. "Markets may soon start to take into account a greater risk of a conflict flare-up between Russia and Ukraine, which is one reason why stocks may continue to sell and why Treasury yields aren't on a one-way ticket higher.79 million) with ESA. The bank also said it has done so since Jan 8, and that more than 30 customers have received the payments so far. The Vega C maiden flight is expected in May 2022, Avio added in the statement.S. Avio shares were up 3. SSE is also urging STAR Market companies to disclose information around their core technologies, including progress of research and development, application prospects, and flag any major potential risks and uncertainties.

1per cent by around 0855 GMT, outperforming a flattish Milan stock market." Expectations that the U. It is believed that the two victims who spoke to ST on Tuesday are among the first batch of customers to have received the payouts. ($1=0.8804 euros) (Reporting by Federico Maccioni, editing by Maria Pia Quaglia) Source: Reuters . Federal Reserve will move more quickly to hike interest rates to combat inflation hit technology shares particularly hard overnight, pushing the Nasdaq down more than 1per cent into correction territory.