Europe
Italy’s Avio Jumps After $364 Million Contracts
• Italy’s Avio has signed $364 million contracts to develop space rockets.
• The company’s shares rose by 0.36% in the last trading day.
• The move follows the signing of contracts with other space companies, including Reuters and JGNSMRpH.
• The company’s shares are expected to reach $1.65 billion by 2024.
• The move is part of a larger strategy to boost the country’s economy and boost its exports.
• The move is part of a larger effort to diversify the country’s energy market.
