Avio logo

Avio

operating 1,001–5,000 employees Public Company

Manufactures solid and liquid propulsion systems for European space launchers and produces the Vega family of small-lift launch vehicles.

About

Avio designs, manufactures, and integrates space launch vehicles and propulsion systems. The company serves as the industrial prime contractor for the European Space Agency's Vega family of small-lift launchers, with Vega C capable of delivering up to 2,300 kg to low Earth orbit. Avio produces the P120C solid rocket motor, which functions as both the Vega C first stage and the strap-on booster for the Ariane 6 heavy-lift launcher, through its Europropulsion joint venture with ArianeGroup. The company also manufactures Zefiro solid rocket motors, AVUM upper stages, and liquid oxygen turbopumps for the Vulcain 2 and VINCI engines.

Avio is developing the Vega E next-generation launcher featuring the M10 liquid oxygen/methane cryogenic engine, with a maiden flight targeted for 2028. The company also serves as prime contractor for the Space Rider reusable unmanned orbital platform. Beyond launch vehicles, Avio produces solid-propellant rocket motors for defense programs including the Aster 30 and CAMM-ER air defense missiles under contract to MBDA. Founded in 1912 and headquartered in Colleferro, Italy, the company operates facilities across Italy and at the Guiana Space Centre in Kourou. Avio is publicly traded on the Milan Stock Exchange and reported FY 2024 revenues of EUR 441 million with a backlog of EUR 1.7 billion.

Products & Services

Liquid oxygen/methane cryogenic upper-stage engine under development for Vega E
Solid rocket motor serving as Vega C first stage and Ariane 6 strap-on booster with 141-ton propellant capacity
Reusable unmanned orbital service module for ESA carrying up to 800 kg payload
Liquid oxygen turbopumps for Vulcain 2 and VINCI rocket engines on Ariane 6
Small-lift launch vehicle capable of placing up to 2,300 kg into low Earth orbit using P120C, Zefiro 40, Zefiro 9, and AVUM+ stages
Next-generation small-lift launcher under development with M10 LOX/methane upper stage, maiden flight expected 2028

Locations

Colleferro, Italy HQ
Paris, France
Rivalta di Torino, Italy
Airola, Italy
Kourou, French Guiana
Perdasdefogu, Italy

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Overview

Founded 1912
HQ Colleferro, Italy
Type Public Company

Financials

Ticker AVIO
Exchange MIL
Revenue €441M

Leadership

Giulio Ranzo
CEO
Roberto Italia
Chairman
Roberto Carassai
Chief Financial Officer
Rosario Esposito
Chief Operating Officer
Ettore Scardecchia
Chief Engineering Officer
Stefano Bottaro
Chief Human Resources Officer
Marco De Luca
Chief Strategy Officer
Marco Biagioni
Chief Program Officer
Angela Natale
Chief Quality Officer

Classification