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.

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