Veqa Rocket Boosts Avio's Revenue Nearly 4 Percent

摘要

Italian rocket manufacturer Avio on March 29 said its space division increased revenue in 2011 by 3.8 percent over 2010, to 296.5 million euros ($383.1 million), with the new Vega small-satellite launch vehicle accounting for most of the increase.Turin-based Avio is Vega's prime contractor through its 70 percent share of ELV S.p.A., in which the Italian Space Agency owns the remaining 30 percent. Vega successfully conducted its maiden flight in February.