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.  REUTERSChristian Hartmann

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.

Save 30% and win Bosch appliances! More Info

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

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!

Others Also Read


All Headlines:

Want to listen to full audio?

Unlock unlimited access to enjoy personalise features on the TheStar.com.my

Already a member? Log In