(Telestock) – Positive session at Piazza Affari For Avioa company listed on Euronext STAR Milan and active in the construction and development of space launchers and propulsion systems, after the Ariane 6 launcher successfully completed its maiden flight taking off from the French Guiana Space Center, placing multiple payloads into orbit.
“There the news is positive as the inaugural flight typically carries a higher risk and unblocks an impasse that had caused a delay of approximately 2 years compared to the initial schedule”, observe analysts at Equity.
Avio contributes to the Ariane 6 program by providing the P120C solid rocket boosterand the liquid oxygen turbo pumps for the engine of the Vulcain 2.1 main stage and for the Vinci engine of the upper stage. “The P120C engines performed very well,” the Colleferro company noted. In the future, Avio will continue to supply the P120C boosters which will be used in a two-aboard configuration as for this flight or in a four-aboard configuration to carry larger loads.
“We note that the Ariane 6 mission has succeeded in re-establishing autonomous access to space for European countries even if it was not a complete success – analysts note Intesa Sanpaolo – While we fully trust the CEO’s statement that the anomaly does not endanger future launches, we would appreciate more clarity on the issue that emerged in the final phase.”
There next milestone for Avio it is represented by the Vega C Return to Flight expected by the end of the year, more than a year after the failed mission.
It’s moving upwards AvioThat stands at 12.9 euroswith a increase of 2.71%. Operationally, expectations are for a continuation of the day in a positive direction with resistance seen at 13.11 and then at 13.49. Support at 12.73.