CESI Spa
24.4.2024 09:01:39 CEST | ACCESS Newswire | Press release
MILAN, ITALY / ACCESSWIRE / April 24, 2024 / The Italian group CESI has secured a contract, with options valued at over one hundred million euros over five years, with one of the world's leading companies in the production of space systems. According to the agreement, CESI is tasked with providing hundreds of thousands of solar cells over these five years, enough to equip eight satellites per month.
To view this piece of content from cdn.nwe.io, please give your consent at the top of this page.These cells will power American space satellites, providing them with the energy needed to bring the internet to every corner of our planet, including the poles. This is a strategically significant investment that places CESI and Italy at the forefront of the Space Economy.
"The recent contract signed is not just a sign of our technological competence but also of our ability to be an integral part of ambitious projects. Space technologies will increasingly support terrestrial applications, thus contributing to the improvement of life on our planet. This implies profound expertise for their development in the years to come. CESI is ready for this challenge," says the CEO of the Group, Domenico Villani.
Within this context, CESI has leveraged proprietary technologies to design, produce, and test solar cells in its Milan laboratories. These cells now power over a hundred civilian satellites for clients across twenty-five countries worldwide. CESI's solar cells are made from materials like gallium arsenide and indium gallium phosphide, exceptionally suited to the harsh conditions of space, where common terrestrial silicon solar cells would not adequately withstand.
The Italian multinational has developed several groundbreaking technologies, including flexible cells that can conform to the surfaces of satellites or spacecraft, and the Integral Assembly. This innovation focuses on optimizing the cell assembly process, eliminating the need for protective glass and thereby reducing the weight and launch costs of satellites. CESI's cells are qualified for both low Earth orbit (LEO) and geostationary orbit (GEO) satellites.
Finally, the company stands as one of only four global manufacturers of these products and the sole proprietor with complete European control.
Space solar cells convert solar energy into electricity in harsh environmental conditions, providing power to satellites. They are light, compact, and highly efficient, crucial features for minimizing launch costs and maximizing satellite payload capacity. Moreover, they withstand extreme temperatures and radiation, ensuring stable and continuous power supply. In short, they are an essential element for the functioning of satellites in orbit, devices for which a significant production increase is expected, given their use on various fronts beyond the traditional telecommunications.
CESI For nearly seventy years, CESI has been offering its clients, spread across more than 70 countries, a range of services in innovation, digitalization, testing, engineering, and consultancy for the electrical sector as well as in civil and environmental engineering. CESI is among the few companies globally that develop and produce advanced solar cells for space applications.
Contact Information
Paolo Chighine
Executive Vice President Group External Relations
paolo.chighine@cesi.it
Davide Cospito
Media Manager Group External Relations
davide.cospito@cesi.it
+39 02 2125 5032
SOURCE: CESI SpA
To view this piece of content from stats.nwe.io, please give your consent at the top of this page.View the original press release on newswire.com.
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.About ACCESS Newswire
Subscribe to releases from ACCESS Newswire
Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESS Newswire
Braiin Advances Proposed Acquisition of Home.cc with Valuation and Growth-Capital Components Totaling Approximately A$73 Million to Build AI-Native LivTech Platform for Residential Lifecycle Services, Targeting the $3+ Trillion Global Residential Lifecycle Services Market12.5.2026 14:15:00 CEST | Press release
Proposed acquisition would combine Home's embedded residential distribution, payments infrastructure and household-services platform with Braiin's AI, CXaaS and PropTech ecosystem MELBOURNE, AU AND LONDON, UK / ACCESS Newswire / May 12, 2026 / Braiin Limited (NASDAQ:BRAI) ("Braiin" or the "Company"), a global AI platform company delivering automation and predictive analytics across precision agriculture, customer experience and property technology, today announced that it has entered into a non-binding term sheet to advance its proposed acquisition of Home.cc ("Home"), a Living Technology ("LivTech") platform focused on embedded residential distribution, household service activation, payments and connected living infrastructure. Under the proposed structure, Braiin would acquire a 50.1% majority interest in Cumbria Capital Ltd, the parent company of Home.cc, through a share purchase to be satisfied by the issuance of Braiin equity securities. The non-binding term sheet contemplates a p
Polaris Renewable Energy Announces Approval of SO1 Agreement by FOMB12.5.2026 13:50:00 CEST | Press release
TORONTO, ON / ACCESS Newswire / May 12, 2026 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris" or the "Company"), is pleased to announce that, on May 8, 2026, the Financial Oversight and Management Board of Puerto Rico ("FOMB") approved the Battery Energy Storage System ("BESS") Standard Offer Agreement ("SO1 Agreement"). The approval of the FOMB completes the three-steps approval process for the SO1 Agreement, following prior regulatory approvals obtained from the Puerto Rico Energy Bureau ("PREB") and the Governing Board of the Puerto Rico Electric Power Authority ("PREPA"). The SO1 Agreement is intended to be executed between PREPA and Polaris Power US, Inc ("PPUS"), a wholly owned subsidiary of Polaris. The SO1 Agreement forms part of the Puerto Rico Accelerated Storage Addition Program ("ASAP"), a strategic initiative aimed at strengthening grid reliability across the island through the deployment of utility-scale BESS co-located with existing generation facilities. Under this
Elixir Technologies Unveils Elixir Muse: The AI Writing Assistant Built for Total Data Privacy12.5.2026 13:00:00 CEST | Press release
Elixir's new writing assistant product delivers AI-powered drafting, revision, translation, validation, tone of voice and sentiment analysis, and compliance analysis - without storing, harvesting or training on user data. OJAI, CA / ACCESS Newswire / May 12, 2026 / Elixir Technologies today introduced Elixir Muse™, a privacy-first AI writing assistant that significantly minimizes the workload involved in drafting, editing, proofreading and translating text. Powered by Elixir Ai, the company's proprietary AI technology, Elixir Muse™ assists both writers and content creators improve the quality, clarity and consistency of their written content through advanced AI features - all while safeguarding the privacy of user data. Elixir Muse™ introduces a fundamentally different approach to AI-assisted document iteration: one where privacy and control are prioritized from the start, rather than being an afterthought. With user-friendly writing features and proven use cases, the product functions
Dubai Health and AGFA HealthCare Mark 20 Years of Collaboration Supporting Dubai's Healthcare System12.5.2026 11:30:00 CEST | Press release
Dubai Health and AGFA HealthCare have marked 20 years of collaboration supporting Dubai's healthcare system, reflecting a shared commitment to advancing integrated, patient-centered care. DUBAI, AE / ACCESS Newswire / May 12, 2026 / Over the past two decades, AGFA HealthCare has supported Dubai's healthcare system - most recently contributing to Dubai Health's integrated academic health system across care, learning, and research through a shared digital foundation. It enables clinicians access to critical information while maintaining data security, operational continuity, and patient confidentiality, and supports large-scale screening services in high-volume settings. The partnership has progressed from digitizing diagnostic imaging into a comprehensive enterprise imaging, analytics, and AI ecosystem that supports multiple clinical specialties, leadership decision-making, and population-scale healthcare services across Dubai Health's expanding network. Atif Al Braiki, Chief Digital an
Aminona Capital Partners Closed Second Latam Real Estate Fund11.5.2026 14:55:00 CEST | Press release
ZURICH, SWITZERLAND / ACCESS Newswire / May 11, 2026 / Aminona Capital Partners have successfully advised and partnered on closing a second South and Central America residential and commercial real estate fund which specifically targets large scale real estate opportunities in the region. Co-founders Nicolas Jenik and Phillip Morelle are very optimistic about the real estate prospects in Latin America, specifically in countries such as Argentina, Chile, Colombia and Venezuela which are already showing large returns and projected to continue growing. With a vast network on the ground in the region and deep knowledge of market dynamics in the Latin American real estate sector, Aminona Capital Partners are able to bring added value to investors and maximising returns. The plan is now to roll out a third real estate fund in the near future targeting the same region using the same opportunity driven strategy of pursing added value transactions, development repositioning, well financed const
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom
