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September 21, 2022

In this week's exclusive interview for the the Voice of Business, the CEO of Italy's biggest aerospace company, AVIO, Giulio Ranzo joins us again to speak with Gigi Stone Woods about the Rome-based rocket company's new Vega-C rocket and the company's plans to build the 1st stage propulsion systems for the next generation of the European Space Agency's Ariane program. In this wide-ranging interview, Ranzo also discusses their upcoming launches of an array of telecommunication satellites for Amazon, their unique SPAC business model, the importance of preparing for a future of servicing aerospace assets already in space, and much more.

 

In this accompanying article below, Alexis Christoforous brings us her analysis and key takeaways from the interview.

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By Alexis Christoforous

 

Italian rocket maker Avio is hiring more engineers and expanding its facilities as it gears up to support Amazon in the largest-ever commercial satellite launch. 

 

The five-year agreement includes 18 heavy-lift Ariane 6 rockets, each of which uses two or four of Avio’s P120 engines as strap-on boosters.

 

“We are committed to deliver 18 launches to lift about 600 of their satellites to space in a very short period of time,” Avio’s CEO Giulio Ranzo told The Voice of Business.

 

Amazon is spending billions on putting together a satellite constellation to beam broadband internet that will rival Elon Musk-owned SpaceX's Starlink.

Avio’s P120 also serves as the first stage of Europe’s next-generation small launch vehicle Vega C, which had a successful maiden launch in July.  Ranzo says it was able to lift up to 60% more payload compared to the company’s current version, but at the same cost. 

 

“The reality of things is that in the past five years, a real space race has emerged in the business of launching objects to space,” he says.

 

“SpaceX has definitely been a tremendous success with their technology of reusable rockets, and other companies have come up, like Rocket Lab and Firefly in the US. So we ought to be able to provide something that is equally attractive in terms of cost-competitiveness and reliability, and these are the reasons why we have invested money over the last five years to improve our technology and provide more payload capacity for the same cost.”

 

 

 

 

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Avio got an added boost recently from the Italian government, which awarded the company contracts worth over $300 million to jumpstart the country’s space industry and liquid propulsion expertise.

 

“The Italian government has decided to devote substantial resources to the space sector,” says Ranzo. “This will help my company a great deal to develop into the future, towards the next decade with more and more competitive solutions for customers to satisfy their more stringent requirements.”

 

Ranzo says most people may be surprised to learn that Italy was at the forefront of space launch more than five decades ago.

 

“It so happened that in the early '60s, Italy developed a unique partnership with the US, resulting in Italy being the third country in the world to ever launch an artificial satellite to space in 1961,” he says. “So from the very beginning of this industry, Italy has invested time, money, resources and capability to be at the forefront of technology innovation.”

 

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Avio is currently working on a liquid oxygen-methane engine, dubbed the M10, which Ranzo says was recently tested successfully on the ground.

 

“This is the first European liquid oxygen-methane engine to be tested in Europe,” he says. “There's no handbook to make this work, and we are very glad that our design has resulted in very early success in the testing phases. So we think it will be a very important building block for the future.”

 

Ranzo says he’s readying Avio to not only launch objects into space, but to also service assets already in space, the so-called in-space transportation.

 

For all of the progress Europe, and Italy in particular, has made in the space industry, Ranzo says more needs to be done.

 

“One thing where Europe needs to probably have more ambition is how much resources are actually dedicated to the sector from a financial standpoint, both from the public sector and the private sector,” he says. “But Europe is definitely headed in the right direction.” 

And...In case you missed earlier articles and interviews from Season 2 you can find them here!

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Discover More

See you next week!

 

Fernando Napolitano,
Founder and CEO

Newest Media     

info@newestcorp.com

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