Avio SpA
MIL:AVIO
Avio SpA
Avio SpA provides aerospace propulsion systems, engine modules and components. The company is headquartered in Colleferro, Roma. The company went IPO on 2015-07-31. The firm focuses on the construction and development of space launchers, and solid and liquid propulsion systems for space travel. The company offers primarily space launchers under the Vega and Ariane names. The firm also provides propulsion components, such as boosters and sustainers, guidance components, including TVC products, as well as aerodynamics components comprising fins. In addition, the Company is involved in the activities of research and development through research collaborations with universities and research centers, as well as through technical and operational collaborations with space agencies, such as the European Space Agency (ESA). The firm has operational sites in Italy, France and French Guiana.
Avio SpA provides aerospace propulsion systems, engine modules and components. The company is headquartered in Colleferro, Roma. The company went IPO on 2015-07-31. The firm focuses on the construction and development of space launchers, and solid and liquid propulsion systems for space travel. The company offers primarily space launchers under the Vega and Ariane names. The firm also provides propulsion components, such as boosters and sustainers, guidance components, including TVC products, as well as aerodynamics components comprising fins. In addition, the Company is involved in the activities of research and development through research collaborations with universities and research centers, as well as through technical and operational collaborations with space agencies, such as the European Space Agency (ESA). The firm has operational sites in Italy, France and French Guiana.
Strong Launch Activity: Avio reported recent successful launches, including the Vega C VV26 and Ariane 6’s VA263 missions, boosting customer satisfaction and demonstrating increasing launch frequency.
Financial Growth: The company saw notable increases in revenue and EBITDA versus Q1 last year, with EBITDA up more than 50% and net income projected to grow about 30% for FY25.
Record Backlog: Order backlog at the end of Q1 is at a record high, about four times annual revenue, providing strong medium-term visibility.
Production Ramp-Up: Significant increase in production rates for P120/P160 propulsion units is underway, targeting about 15–16 units this year and aiming for steady-state of around 30 units by 2027.
Defense Momentum: Double-digit revenue growth from defense expected, with EUR 150 million in defense order intake targeted for 2025 and a robust pipeline in both Europe and the U.S.
US Expansion: Preparations for a U.S. greenfield plant are advancing, targeting full operations between late 2028 and early 2029, contingent on customer and funding commitments.
