All the latest moves of Officina Stellare with Israel
A Officina Stellare commissioned by the Israeli Isi for an orbital system for shooting at very high resolution of the Earth's surface. numbers and business of the Venetian company active in the space economy
Stellar Workshop to conquer the New Space Economy market.
Today the Vicenza-based company, listed on AIM Italia and active in the design and production of opto-mechanical instrumentation of excellence in the aerospace, research and defense sectors, has signed a contract with the Israeli Isi-Imagesat International for the supply of an optical payload ultra-high resolution multispectral, which operates in the visible and near infrared wavelengths, intended to operate from low orbit (Leo).
The overall value of the order is approximately one million euros. Delivery of the instrument is scheduled for the fourth quarter of 2022.
“We are particularly pleased with the industrial growth achieved by our Space Factory”, commented Gino Bucciol, Head of Business Development and Co-Founder of Officina Stellare.
All the details Italian company specialized in the design and production of telescopes and optical and aerospace instruments.
WHAT THE ORBITAL IMAGING SYSTEM WILL DO
The orbital imaging system created thanks to the contribution of Officina Stellare is intended for an innovative set of monitoring and intelligence services that the customer will offer to end users, inaugurating a new range of products within its long-term and consolidated proposal.
FOR THE ISI ISRAELI COMPANY
Isi is a global company with over 20 years of experience in producing and analyzing images of the Earth's surface obtained from space and in providing geospatial and geo-intelligence solutions based on the Eros NG (Next Generation) satellite constellation.
THE ROLE OF A STELLAR WORKSHOP
The very high resolution images obtained by the space telescope designed and built by Officina Stellare will guarantee a GSD (Ground Sampled Distance) in the 50 cm class. They will also be a critically important data source for many important applications.
"As foreseen by the strategic plan, the company is today an important player not only in the market of high-tech aerospace components that it produces in-house, but also in that of complete imaging systems, integrating internal products with third-party subsystems, as represented in this case by focal plane devices, ”said Bucciol.
WHAT THE VICENTINA COMPANY DOES
Officina Stellare has its registered office in Sarcedo (Vicenza). The company has been listed on the Aim Italia market of the Italian Stock Exchange since June 26, 2019.
Founded in 2009 by Riccardo Gianni (President), Giovanni Dal Lago (Chief Executive Officer) and Gino Bucciol (Chief Business Development Officer), joined in 2012 by the partner and director Fabio Rubeo, it stands out in the sector as one of the few companies to the world with full in-house availability of all the knowledge and skills necessary for the development, implementation and commissioning of its products.
THE PARTNERS
With a share capital of € 611,448, the company is 39.94% controlled by Virgilio Holding; 19.19% from Mirak Enterprise, 19.19% from Astro Alliance and 4.12% is in the hands of co-founder Gino Bucciol.
In addition to the chairman Riccardo Gianni, the board of directors includes: Giovanni Del lago; Fabio Rubeo; Elias Solinas; Gino Bucciol; Carlo Spezzapria and Corinna katrin Nedden Zur.
THE NUMBERS
Officina Stellare Spa has 44 employees. The company recorded a turnover of € 5,721,596 in 2020, almost doubled compared to € 3,803,465 in 2019. The profit, on the other hand, fell by 78.7% to € 303,093 (compared to € 1,420,712 in 2019 ). The costs of production amounted to 7,094,507 euros.
The company boasts a total of tangible fixed assets worth € 848,650, and a total debt of € 10,233,435.
NASA, ITALIAN MILITARY AERONAUTICS AND ASI AMONG CUSTOMERS
The company's clients include: Asi , Nasa; MIT – Massachusets Institute of Technology; USNO – United States Naval Observatory; DLR – German Aerospace Center; Airbus – Space and Defense; Thales Alenia Space; KASI Korean Astronomy and Space Science Institute; Yunnan Observatories, Chinese Academy of Sciences; Bern University – Geneve University (Switzerland); Georgiatech – Georgia Institute of Technology; Pontificia Universidad de Chile; Italian Air Force; US Air Force; Royal Thai Air Force; The Aerospace Corporation; Qatar Foundation and EOS Space.
BREAKDOWN OF REVENUES BY GEOGRAPHICAL AREA
Revenues are attributable 66% to the America area, 11% to the Asia-Pacific area, 4% to the Europe, Middle East, and Africa area (excluding Italy) and the remaining 19% to the 'Italy.
OFFERS IN PROGRESS
As stated in the note of 30 March 2021, following the approval of the 2020 financial statements, the total amount of the offers in progress exceeds 56.5 million euros and is divided as follows: 25.5 million euros for international tenders; 20.4 million euros for direct offers to customers and 10.6 million euros for negotiations.
THE ORDER PORTFOLIO
The order book as of March 30, 2021 amounts to approximately 12.5 million euros, divided as follows: 7 million euros in the scientific research sector; 3.5 million euros in the aerospace sector and 2 million euros in the defense sector.
THE RECENT ACQUISITIONS
Last December Officina Stellare acquired control of Dynamic Optics Srl, an innovative start-up and spin-off of the National Research Council (CNR) and the Institute of Photonics and Nanotechnology of Padua (IFN).
This is in the strategy of acquiring, also by external means, the knowledge and technologies necessary to consolidate its leadership position in the usual reference markets but also to diversify, expanding, its field of action.
THE OPENING OF THE US SUBSIDIARY
Finally, we remind you that last summer the company announced the consolidation of its presence on the US market with the establishment of Officina Stellare Corp., a limited liability company with registered office in Delaware and operational headquarters in Virginia. Officina Stellare Corp., wholly owned by Officina Stellare SpA, is led by co-founder and head of Business Development Gino Bucciol.
The opening of the US subsidiary confirmed the company's strong desire to penetrate all key markets, such as the United States, which already account for 25% of Officina Stellare's turnover and in which business opportunities are most concentrated.
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/innovazione/tutte-le-ultime-mosse-di-officina-stellare-con-israele/ on Mon, 19 Jul 2021 13:59:41 +0000.