Media centre

All Group media enquiries should be directed to
Vanessa Maydon, Corporate Affairs Director.

Cinven Partners LLP
Warwick Court
Paternoster Square
London EC4M 7AG

Tel: +44 (0)20 7661 3325
Mob: +44 (0)7802 961 902
Email: Vanessa Maydon

Press releases

17 February 2016

AVIO reunites in Italy the brains of European space

About a hundred of the main European experts in space launchers gathered at Colleferro, near Rome, for a project in which the AVIO Group has a leading role both for the new space motors and especially for the VEGA C orbital launcher. “Thanks to the funding from the Ministry of Education, Universities and Research and the Italian Space Agency”, said AVIO CEO Giulio Ranzo, “we are responsible for leading the work of the European consortium which, under the auspices of the European Space Agency, is developing an even more advanced and powerful version of the VEGA orbital launcher. After the first six perfect launches, the VEGA is already considered the best vehicle of its category in the world. But, in a sector where developments require years of work, we have started developing further improvements straight away. We are proud of the fact that we deserve the trust of our Country and of being able to contribute to maintaining levels of technological competence in Italy that are envied all over the world.” In fact, through ELV (70% AVIO, 30% ASI), the AVIO Group, as Prime Contractor of the future launcher VEGA C, is hosting at the Colleferro site (Rome) the second meeting of the Preliminary Design Review (PDR), a very important phase of the VECEP (VEga Consolidation and Evolution Program) for the development of the future launcher.

“The development of a complex system that requires years and hundreds of thousands of hours of design and experimentation, is split into a certain number of consequential phases”, explained Pierluigi Pirrelli, CEO of ELV, the company that the AVIO Group (70%) has established for the purpose with the Italian Space Agency (30%). “At the end of each project phase, there is the possibility to voluntarily submit the work to the strict examination of external experts who, not taking part personally in the activities, make more objective contributions. This examination started about a month ago when we submitted over a hundred technical documents, in a controlled and confidential process, explaining the reasons for the choices made up to now. The European experts have made objections and criticisms while we have explained and justified our choices. We are now tying up the loose ends of this work so as to ascertain the really useful corrections from it. The aim of all this is to acquire maximum confidence in the quality of our choices in order to ensure the full success of the new VEGA C launcher.”

The development of the VEGA C was approved on 2 December 2014 during the Ministerial Council of the Member States of the European Space Agency. At the same occasion the development of the Ariane 6 launcher was approved, as was the P120 C motor, which will be common to the VEGA C and Ariane 6. The AVIO Group is part of the European Space Program approved in 2014 with the responsibility for the entire VEGA launcher and the new P120 motor to be used both on VEGA C and Ariane 6.

Portfolio company videos

 Clinical Trials


Clinical Trials

 Travel services provider

Hotelbeds Group

Travel services provider

 Truck component manufacturer


Truck component manufacturer

 Footwear and accessories retailer

Kurt Geiger

Footwear and accessories retailer

 Contract research organisation


Contract research organisation

 Electronic security and alarm systems


Electronic security and alarm systems

 Property valuation and advisory services


Property valuation and advisory services

 Ufinet is a neutral telecom operator.


Ufinet is a neutral telecom operator.

 Business services software


Business services software

Media contacts


Vanessa Maydon
Corporate Affairs Director
Tel : +44 (0)20 7661 3325
Mob : +44 (0)7802 961 902
Email : Vanessa Maydon

Clare Bradshaw
Communications Manager
Tel : +44 (0)20 7667 3248
Mob : +44 (0)7881 918 967
Email : Clare Bradshaw

UK - FTI Consulting

Edward Bridges
Tel : +44 (0)20 7269 7147
Mob : +44 (0)7768 216 607
Email : Edward Bridges

Stephanie Ellis
Tel : +44 (0)20 3727 1173
Mob : +44 (0)7890 543 056
Email : Stephanie Ellis

France โ€“ FTI Consulting

Guillaume Granier
Tel : +33 (0)1 47 03 68 61
Mob : +33 (0)6 32 65 79 28
Email : Guillaume Granier

Caroline Guilhaume
Tel : +33 (0)1 47 03 68 17
Mob : +33 (0)6 38 91 88 51
Email : Caroline Guilhaume

Germany - FTI Consulting

Lutz Golsch
Tel : +49 (0)69 920 37 110
Mob : +49 (0)173 651 7710
Email : Lutz Golsch

Daniel Herbert
Tel : +49 (0)69 920 37 183
Mob : +49 (0)151 122 63834
Email : Daniel Herbert

US - Joele Frank

Jonathan Keehner
Tel : +1 212.355.4449
Mob : +1 917 589 2073
Email : Jonathan Keehner

Julie Oakes
Tel : +1 212.355.4449
Mob : +1 917 574 7263
Email : Julie Oakes

Spain โ€“ Groupo Albion

Alejandra Moore Mayorga
Tel : +34 91 531 23 88
Email : Alejandra Moore Mayorga

Sofia Garcia
Tel : +34 91 531 23 88

Italy โ€“ Community Group

Roberto Patriarca
Tel : +39 02 89 40 42 31
Mob : +39 335 65 09 568
Email : Roberto Patriarca

Marco Pedrazzini
Tel : +39 02 89 83 66 21
Mob : +39 347 0369 222
Email : Marco Pedrazzini