Argotec, active in the space sector with headquarters in Turin and operational headquarters in Maryland, has been selected by NASA as one of four companies to provide satellites and related space services within the Rapid Spacecraft Acquisition Services program. The agreement, worth a total of 6 billion dollars, has an initial duration until August 2025, with the possibility of extension to 2030.
“The selection, carried out at a global level and lasting more than a year – underlines a note from Argotec – represents a significant recognition of the reliability and technological excellence of Argotec’s satellite platforms, already demonstrated in previous missions with NASA”. The agreement will see Argotec Us collaborate closely with NASA’s Goddard Space Flight Center in Greenbelt. The activity aims to support NASA’s space exploration missions, consolidating Argotec’s position in the space industry.
“We are extremely proud to have been selected by NASA to contribute to their strategic objectives – comments David Avino, CEO of Argotec – being one of the four companies in the world testifies to our capacity for innovation, the excellence of the products developed and the quality of our engineering activity. This collaboration highlights the reliability of our space solutions and strengthens Argotec Us’ expansion plans towards achieving the Group’s strategic objectives. This is made possible thanks to continuous investments in research and innovation and growth and stability financial institution of Argotec”.
To date, the US subsidiary can count on two facilities in the United States, in Maryland and Florida, with US management and investments of 25 million dollars. The same investment was allocated to the Italian headquarters located in the San Mauro Torinese SpacePark, announced in July 2023 and which is already starting its first production activities in recent days, with the ambition of establishing itself among the most innovative Space Factories in Europe.
