In a significant move, the European Space Agency (ESA) confirmed the autonomous commercialization agreement for Vega launchers, made by Avio, during its mid-term ministerial meeting held in Seville on November 6th and 7th.
The agreement, a result of a trilateral understanding among Italy, France, and Germany, represents a pivotal shift in the European space sector dynamics, empowering Avio, a key player in the field, to operate independently of Arianespace. The news has triggered a surge in Avio’s stock on the Italian exchange.
How we got here
The agreement, which builds upon the foundations laid during the 2022 ministerial meeting in Paris, seems to reaffirms Europe’s commitment to try enhancing its aerospace capabilities and solidifies Avio’s position as a key player in the continent’s space exploration endeavors.
The bilateral separation between Avio, led by Giulio Ranzo with Leonardo as one of its major stakeholders, and Arianespace, was initially hinted by LaTribune on October 26th, and has now been solidified following extensive discussions at the Seville meeting.
“This accord will also be reflected in our new legislative framework, as outlined in the associated measures to incentivize and support our national space industry, a cornerstone of European programs.”
emphasized Adolfo Urso, the Minister of Enterprises and Made in Italy, who played a central role in the negotiations.
“Our unwavering pursuit of this goal, initiated during the early stages of our tenure, culminated in a politically innovative document that steered our nations toward a shared vision for the future of Europe.”
Notably, Avio previously collaborated closely with Arianespace for the management and commercialization of the launcher. However, with this recent development, the company is poised to market Vega rocket launch services autonomously, with both options set to coexist seamlessly.
More launches, detailed schedule
As outlined in the trilateral declaration, the agreement also outlines a comprehensive and detailed launch schedule for the launcher, stretching up to 2030, aligning with Europe’s ambitious mission to execute the first-ever landing of a European astronaut on the Moon. Moreover, the pact facilitates an expanded scope for Vega carriers to be launched from the French Guiana site, ensuring enhanced operational flexibility for Avio’s ventures.
The Italian Space Agency (ASI) has confirmed that the agreement will bolster Avio’s position in the market, enhancing its autonomy while maintaining a cooperative relationship with Arianespace.
This move, which aligns with the vision outlined during the Seville meeting, highlights the resolve of the European nations to promote a unified and robust space industry, paving the way for future breakthroughs and advancements.