CESI Spa
24.4.2024 10:02:11 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.
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
Related Image
(Caption: CESI thin space solar cell)
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
Polaris Announces Execution of Mixed Investment Agreement for the Three Mexico Projects7.7.2026 13:50:00 CEST | Press release
TORONTO, ON / ACCESS Newswire / July 7, 2026 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris" or the "Company") is pleased to announce that, further to its press release dated June 8, 2026, it has reached another important milestone in the development of its three renewable energy projects selected under Mexico's Comisión Federal de Electricidad ("CFE") Mixed Development Program (the "Mixed Program"). On July 3, 2026, Polaris, through its Mexican project structure, executed the Mixed Investment Agreement (Contrato de Inversión Mixta or "CIM") with the fiduciary trustee, Banca Mifel, S.A., Institucion de Banca Multiple, Grupo Financiero Mifel, acting on behalf of CFE. The CIM establishes the contractual 30-year framework governing the joint participation of Polaris and CFE in the development, financing, construction, ownership and operation of the three selected projects, including the applicable governance, economic and corporate arrangements. The CIM includes the key information a
Oxford University Press Comes to Simply Piano7.7.2026 10:00:00 CEST | Press release
Content from OUP's acclaimed piano method is now available to millions of Simply Piano learners worldwide NEW YORK, NY / ACCESS Newswire / July 7, 2026 / Simply, the leading digital platform for creative hobbies, today announced an agreement to bring content from Oxford University Press' (OUP) piano method to Simply Piano. This expands Simply Piano's offering and marks a step forward in its mission to make the pursuit of creative hobbies simple and fun for all. Simply Piano users around the world will gain access to an expanded library of high-quality, curated sheet music spanning OUP's works including Piano Time and Tunes for Ten Fingers, all within the app's interactive learning environment. The integration expands Simply Piano's sheet music library across genres, complementing its step-by-step courses and real-time feedback tools. "Access to songs people love is one of the strongest drivers of learning," said Yuval Kaminka, CEO & co-founder of Simply. "Working with OUP allows us to
AM Technical Solutions Acquires Sequence, Inc., Expanding Life Sciences Engineering and Commissioning, Qualification, and Validation (CQV) Capabilities7.7.2026 07:00:00 CEST | Press release
KILDARE, IRELAND / ACCESS Newswire / July 7, 2026 / AM Technical Solutions (AM), a global architecture, engineering, construction, and commissioning firm specializing in high-technology markets, announces the acquisition of Sequence, Inc., a leading engineering firm specializing in Process Design, Commissioning, Qualification, and Validation (CQV) solutions for life sciences and related high-tech industries. Sequence, headquartered in Morrisville, North Carolina, brings deep expertise in CQV, Computer System Validation (CSV), IT/OT integration, operational readiness, and life sciences engineering excellence. Their cross-functional approach to process engineering and facility startup has earned them a strong track record accelerating time to market for pharmaceutical and biopharmaceutical clients across the full project lifecycle -- from conceptual design through licensure and commercial operations. This acquisition deepens AM's existing Engineering and CQV capabilities with proven team
Crossmint Secures Payment Institution and MiCA Authorization, Completing a Full-Stack EU Regulatory Stack for Stablecoin Payments3.7.2026 21:00:00 CEST | Press release
With Authorization as a Crypto-Asset Service Provider Under MiCA and Payment Institution Under PSD2, Crossmint Now Operates Under Both of the EU's Core Frameworks for Stablecoin Infrastructure, Giving Enterprise Fintechs One Regulated Provider to Hold Stablecoins and Move Them as Payments MADRID, ES / ACCESS Newswire / July 3, 2026 / Crossmint has been authorized as a Payment Institution (PI) by the Bank of Spain under the EU's Payment Services Directive (PSD2). Earlier this year, Crossmint received MiCA class 2 authorization from Spain's CNMV, establishing complete authorization to operate as a crypto-asset service provider across the EU. After completing the required conditions, Crossmint has now successfully been fully registered as a CASP with CNMV, which allows passporting across all 27 EU member states. PSD2 authorization is the natural expansion of that compliance footprint, enabling stablecoins to be used as a means of payment under EU payments law. "Crossmint's mission is to b
Polaris Renewable Energy Announces Q2 2026 Investor Call Details3.7.2026 19:30:00 CEST | Press release
TORONTO, ON / ACCESS Newswire / July 3, 2026 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris" or the "Company") is pleased to announce it will be holding its Earnings Conference Call and Webcast to report its Q2 2026 Earnings Results on Thursday, July 30th, 2026, at 10:00 am EST. To listen to the call, please dial Toll Free 1 888-506-0062 or International Toll-Free Number 973-528-0011 entry code 503447 or URL: https://www.webcaster5.com/Webcast/Page/2773/53517 A digital recording of the earnings call will be available for replay two hours after the call's completion. Replay Call Information: Toronto: 1 877-481-4010, Passcode: 53517 International (toll-free): 1 919-882-2331, Passcode: 53517 Encore Replay Expiration Date: August 13, 2026 About Polaris Renewable Energy Inc. Polaris Renewable Energy Inc. is a Canadian publicly traded company engaged in the acquisition, development, and operation of renewable energy projects in Latin America and the Caribbean. We are a high-performing a
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
