Everything about Cabi Cattaneo, the Milanese company behind the underwater vehicles for Navy raiders

Numbers and business of Cabi Cattaneo, a leading company in the design, development and supply of underwater vehicles for the Incursors of the Navy, one of the most famous special departments in the world. Recently allied with the Fincantieri naval group
There is the Milanese Cabi Cattaneo behind the special (secret) vehicles of the Comsubin, the Divers and Raiders Group of the Navy.
On the occasion of the inauguration of the National Underwater Dimension Center in La Spezia which took place last December 12th , "one of the special/secret vehicles of the GOI (Incursori Operational Group) was shown to the public for the first time (and therefore "declassified"). of Comsubin. The vehicle, produced by Cabi Cattaneo of Milan, can operate both underwater and on the surface and has the ability to transport and use mini torpedoes" revealed Rid , the Italian Defense magazine directed by Pietro Batacchi.
The company has an almost centenary tradition and, as Repubblica reports, “For years it has been designing mini-submarines which are used to transport teams of raiders with their equipment to the raid area. Its products are believed to have also been purchased by US Navy Seals and Israeli commandos, but all without official confirmation. This company in fact pursues "the maintenance of the most absolute confidentiality, typical of the sector and necessary to protect state and industrial secrets".
The company was recently chosen by Fincantieri as an ally "to evaluate commercial and industrial cooperation in the field of underwater vehicles and the related integration with larger units". On the other hand, the naval group led by Pierroberto Folgiero is in the front row as a potential "aggregator" of the national diving hub.
All the details on the Cabi Cattaneo Spa company.
WHAT IS CABI CATTANEO SPA
Active since 1936 in Milan, first as Studio TecnicoCattaneo and then, since 1945 as a SpA, Cabi Cattaneo today has fewer than 60 employees.
“The founders, Eng. Giustino Cattaneo and his son, Eng. Guido, wanted to found a company focused on technical innovation and the creation of patents in the industrial field. Hence the acronym of CABI, Construction and Application of Industrial Patents” says the company.
As stated in a presentation by the company on the occasion of a seminar sponsored by the Secretary General of Defense and led by the Directorate of Naval Armaments, on the capabilities of diving companies in the national field in September 2019, over the years Cabi Cattaneo "has operated almost exclusively in the marine military sector, dedicating itself above all to the design and construction of special underwater vehicles. Leadership, among the manufacturers of such complex systems, can be maintained exclusively by nourishing the precious know-how with continuous dedication".
Maintaining the most absolute confidentiality – typical of the sector and necessary to protect state and industrial secrets – is also achieved through strict personnel selection.
WHAT DOES HE DO
The two founders contributed to the creation of the Long or Slow Travel Torpedoes (SLC or more generally "pigs", "the slow travel torpedoes ridden by the sappers of the Royal Navy in the famous attack against the English battleships in Alessandria" as Repubblica still recalls), the engines of some MAS, the explosive boats of the MT series, etc. After the Second World War the company specialized in the creation of special underwater vehicles.
The special vehicles in question, internationally known as SDVs (Swimmer Delivery Vehicles), were created to covertly transport a team of underwater operators – fully equipped – and the payload necessary for the mission. These are vehicles designed to navigate completely submerged. They are divided into two categories: the first operates mainly under water while the second, equipped with an internal combustion engine, operates mainly on the surface.
THE PARTNERSHIP WITH FINCANTIERI
Last August 3, the company together with Fincantieri signed a Memorandum of Understanding (MoU) for the evaluation of commercial and industrial cooperation in the field of underwater vehicles and the related integration with larger units.
“The MoU, which may be followed by a further collaboration agreement to be finalized within the year, will allow the integration of underwater vehicles on Fincantieri's surface and underwater units, improving, thanks to this new synergy, the offers that can be formulated in global markets of reference” indicates the note from the Trieste group led by Pierroberto Folgiero.
In particular, it is envisaged that the design, construction, outfitting and set to work of the larger units will be carried out by Fincantieri, which will be the Design Authority, while Cabi will play the same role with reference to underwater vehicles.
THE SUMMITS
The board of directors of Cabi Cattaneo Spa is chaired by Alberto Villa (president and CEO) and composed of Giovanni Di Felice, Franco Bertoni and Alessio Villa.
THE PROPERTY
With a share capital of 2.5 million euros, the company is 60% controlled by Vq-tec srl while the remaining 40% is in the hands of the Bruno and Paola Orlandi Foundation, a public utility foundation based in Silvaplana (Graubünden). /Swiss).
THE NUMBERS
The company closed the 2022 financial statements in positive: the profit amounted to 2.6 million euros as of 31 December, a slight increase compared to 2 million euros in the same period of the previous year.
The company recorded net revenues of 15.6 million euros in 2022, a slight decrease compared to 17.7 million euros at 31 December 2021. Costs are almost unchanged: from 9.9 million euros in 2021 to 9.6 million euros in 2022. Ebitda is equal to 3.8 million euros.
Cabi Cattaneo Spa boasts a total of tangible assets worth 860 million euros, and a total debt of 5 million euros (an improvement compared to 8 million the previous year).
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/smartcity/tutto-su-cabi-cattaneo-lazienda-milanese-dietro-i-mezzi-subacquei-per-gli-incursori-della-marina/ on Sun, 07 Jan 2024 07:08:08 +0000.
