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"Next Gen EU" contracts funded with 340M Euro at completion signed by Avio for the development of new green liquid propulsion launchers
Rome, June 29, 2022 – Today the first two contracts of Italy’s implementation of the “Next Gen EU” initiatives for Space were awarded to Avio. In the past few months, the Italian Government had decided to invest around 340M€ to improve the technological capability of the Italian industry for “Access to Space”, entrusting the European Space Agency (ESA) as the Contracting Authority with the supervision of the Prime Minister’s Office, the Italian Space Agency and the Ministry of Innovation & Digital Transformation.